Our Editor – Page 2 – Shipping World News Magazine

Dec172017 by Our EditorNo Comments

565 NPA Staffers honoured for long service, merit, gallantry

Business, Maritime

A total of 565 staffers of the Nigerian Ports Authority (NPA) were honoured by management for long service, merit and bravery at a colourful ceremony held at the NPA sports ground, Bode Thomas, Surulere, Lagos, at the weekend. Most of the awardees had served the organisation for 25 years and above; seven staffers received merit awards while special recognition went to fire officers, pilots and engineers. In her address at the occasion, NPA Managing Director, Hadiza Bala Usman commended the workforce for their cooperation, understanding and sacrifices and for helping management attain her goals in 2017. She noted that her open door policy in the organisation was deliberate and intended to enable her achieve the "important task of repositioning port operations in Nigeria for bette...

Dec142017 by Our EditorNo Comments

President Buhari Authorized NNPC to Hide N50b from TSA Account “

Breaking News, Business

The House of Representatives on Tuesday raised questions over a “purported” presidential approval withholding some special Nigerian National Petroleum Corporation accounts from being transferred to the Treasury Single Account. The accounts, with funds worth N50bn, are still being kept by commercial banks in breach of the TSA policy, which provides that all accounts belonging to Ministries, Departments and Agencies of government should be transferred to the TSA. The TSA, a centralised Federal Government revenue account, is kept by the Central Bank of Nigeria. A Nigerian firm, SystemSpecs, provides the Remita electronic platform for running the TSA, saving the Federal Government revenue that could, ordinarily, have been lost. An ad hoc ...

Dec142017 by Our EditorNo Comments

The Agony of Seafarers

Opinion

by Egodor Cementina The Nigerian Maritime Administration and Safety Agency (NIMASA) was established with the major responsibility of developing indigenous capacity for shippers, training, certification and welfare of seafarers. Specifically, the agency was created, among others, to provide regulations that are related to Nigerian Shipping, Maritime Labour, Safety and Security in our waters. NIMASA, as the apex maritime agency, has failed in almost all of its duties from the administration of the activities to the clearance and security of the seafarers. Stakeholder's have had cause to lampoon the Apex Maritime Regulatory Agency over its handling of issues concerning seafarers. Recently the Nigerian Merchant Navy and Water Transport Senior Officers accused the agency of tardine...

Dec142017 by Our EditorNo Comments

Rotimi Amaechi is an Ignoramus and Here Are The Facts to Prove it

Opinion

-By Reno Omokri It is quite possible that Rotimi Amaechi is losing his marbles otherwise why else would he be asking former President Jonathan to account for the $65 billion that former Olusegun Obasanjo left in the Excess Crude Account when there was never any such amount? Former President Olusegun Obasanjo and the former Governor of the Central Bank of Nigeria who served under his tenure, Professor Charles Soludo, are both alive and journalists can take advantage of the Freedom of Information Act signed into Law by former Jonathan to verify from them if there was ever any $65 billion in the Excess Crude Account. Rotimi Amaechi is a notorious ignoramus who speaks without thinking and it is suspected that either he is speaking under the influence of drugs or he is going senile. ...

Dec112017 by Our EditorNo Comments

Full Text of Engr. Ogbeifun’s Address At Shipowners Dinner Night

Business, Maritime

OPENING ADDRESS BY MR. GREG OGBEIFUN PRESIDENT, SHIPOWNERS ASSOCIATION OF NIGERIA (SOAN) ON THE OCCASION OF THE ALL SHIPOWNERS WORKSHOP AND DINNER PROTOCOL- RECOGNITIONS The events at the recent International Maritime Organization (IMO) elections into Category C of the Council where Nigeria lost and actually came second to the last position underscores the importance and urgency of the theme of this end of year Workshop and Dinner “Giving a Critical Lifeline to the Nigerian Maritime Industry”. Our performance at that election has dealt a hard blow on our psyche as a maritime nation. The world has told us that our maritime domain is sick and almost moribund, that we are not a maritime nation that can be relied on for maritime trade, maritime security, maritime infrastructure or ...

Dec102017 by Our EditorNo Comments

$100 billion Ship building Fund: Ship Owners may drag Amaechi before Buhari

Breaking News, Business, Maritime, Opinion

The Nigerian Ship Owners Association (NSOA) is set to drag the Transportation Minister, Rotimi Amaechi, before President Muhammad Buhari over the refusal of the Nigerian Maritime Administration & Safety Agency (NIMASA) to commence the disbursement of the Cabotage Vessel Financing Fund (CVFF). The end of year dinner of the NSOA last week in Lagos almost degenerated into a brawl when Engr. Greg Ogbeifun challenged the minister to show them where he derived his powers to hold back the CVFF. The funds are about $100 billion. At the dinner, Amaechi had boasted that as long as he remained the minister of transportation, not one Kobo of the CVFF would be disbursed. The CVFF currently domiciled in NIMASA has become an issue of controversy as successive managements in the agency have ...

Dec102017 by Our EditorNo Comments

What Buhari must do to help himself

Opinion

By Dele Sobowale He, who speaks without modesty, will find it difficult to make his words good.” Confucius, 551-479BC, Chinese philosopher. …. He also runs the risk of making a mockery of himself. He was, and self-advertised, as a man who would come into office to fight corruption and deal with anyone found to be corrupt without fear or favour. On that promise, millions of Nigerians campaigned and voted for him. I did in 2011, when Lai Mohammed, his current Minister of Information was still a spokesman for a defunct political party called ACN. In the months leading to the 2011 elections, Lai was the arrowhead of Buhari’s adversaries who told us that the man was “too old” (among other deficiencies they alleged) to lead Nigerians. Four years after, the same Lai, the spokesman of th...

Dec92017 by Our EditorNo Comments

Amaechi, Ship Owners Fight Dirty over N100b Vessel Financing Fund

Breaking News, Business, Maritime

The Minister of Transportation, Rotimi Amaechi on Thursday announced that he will not disburse the Cabotage Vessel Financing Fund (CVFF), dashing the hopes and expectation of indigenous ship owners, who have been waiting for the disbursement of the fund for more than a decade. This is even as the ship owners demanded the sack of Dakuku Peterside as Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for his incompetence in running the affairs of the agency. Amaechi told a gathering of ship owners and key stakeholders who converged at a workshop and dinner organized by the Ship Owners Association of Nigeria (SOAN) that as long as he remains the minister, the fund will not be disbursed. The CVFF which currently stands at over $100billion was created solely...

Dec72017 by Our EditorNo Comments

NIMASA NSDP: UK University Graduates 59 Nigerian Cadets

Breaking News, Education, Maritime

…As four Bag First Class Honours, Dakuku Hails Capacity Growth The Capacity Building initiative of the Nigerian Maritime Administration and Safety Agency (NIMASA) through the Nigerian Seafarers Development Programme (NSDP) has again received another boost as 59 of the beneficiaries have graduated from the Liverpool John Moores University, United Kingdom. This brings it to a total number of 1,343 graduates of the scheme since its inception from the various institutions in United Kingdom, Egypt, Romania and Philippines. At the graduation ceremony which held in the United Kingdom recently, 4 of the students graduated with a 1st Class, while 36 of them had 2nd Class (Division 1) degrees and others graduated with various grades. Speaking on this development, the Director General of the Ni...

Dec72017 by Our EditorNo Comments

Kano welcomes President Buhari in Grand Style

Politics

President Muhammadu Buhari arrived Kano on Wednesday for a two-day official visit to the state. Mr. Buhari was received at Mallam Aminu Kano International Airport by Governor Abdullahi Ganduje, members of the State Executive Council, Emir of Kano, Muhammadu Sanusi II, traditional rulers as well as politicians, among others. A mammoth crowd was also at the airport and along the major streets in the metropolis, giving the president a rousing welcome. The president is expected to inaugurate a number of projects executed by the Ganduje administration during the visit. Among the projects are the ultra-modern Specialist Hospital, Giginyu, named after him; a Paediatric Hospital located on Zoo Road, Kano; and the underpass bridge at Madobi/Panshekara Junction. On the second day, the P...