Breaking News – Page 19 – Shipping World News Magazine

Dec302017 by Asu BeksNo Comments

Total Spectrum Maritime Strategy Will Tackle Crime – Dakuku

In line with the recent approval by the Federal Executive Council (FEC), the Nigerian Maritime Administration and Safety Agency, NIMASA is set to acquire strategic maritime safety and security assets, which are also in line with the total spectrum of maritime security strategy. The Director General of NIMASA, Dr. Dakuku Peterside who made this known in Lagos recently, also announced the establishment of a command and control center as part of the strategic initiative. “The four components of the initiative are situational awareness, response capability, law enforcement and local partnerships, and regional cooperation which are the fulcrum upon which tackling maritime crime will be built on”. Dr. Dakuku noted that the implementation of NIMASA’s total spectrum maritime strategy in coll...

Dec262017 by Our EditorNo Comments

NIMASA set to release maritime industry forecast by first quarter 2018 – Dakuku Peterside

Breaking News, Business, Maritime, Press Release

As part of the initiative to reposition the maritime sector for greater efficiency in line with International best practices, the Nigerian Maritime Administration and Safety Agency (NIMASA) will release the empirical forecast that will determine the outlook of the industry in Nigeria by the first quarter of 2018. The Director General of NIMASA Dr. Dakuku Peterside who disclosed this in Lagos recently further stated that the Nigeria forecast will deal with how developments on the international scene will affect the industry in Nigeria, which will also serve as a guide for investors and Stakeholders in the maritime sector. Dr. Peterside noted that the forecast will be released from a holistic perspective in order to know areas of advantage that will be of immense benefit to Stakeho...

Dec212017 by Our EditorNo Comments

Customs Records Highest Revenue, Hits N1.1 Trillion In 2017

Breaking News, Business

The Nigeria Customs Service (NCS) has surpassed itself by recording a revenue of one Trillion, one hundred billion naira, barely nine days to the end of the year. This spectacular performance in revenue collection this year is above the figure for 2016 to the tune of N241, 685, 276, 289.74 At a media parley in Abuja, the nation's capital, the National Public Relations Officer of the Service, DC Joseph Attah, said despite the economic recession, with low volume of imports and restriction placed on 41 items from accessing forex, the Comptroller-General of Customs, Col. Hameed Ali (rtd) undertook some strategic measures which led to the historic revenue figure. The CGCs innovative measures include the redeployment of officers and men, the retraining of Customs Intelligence Unit, maximisi...

Dec182017 by Our EditorNo Comments

NASS to Amaechi: Governing Council not Interim Management Committee for MAN Oron

Breaking News, Education, Maritime

Chairman House of Representative Committee on Maritime Administration and Education, Mallam Muhammad Umar Bago has urged President Muhammadu Buhari to immediately inaugurate a Governing Council for the Maritime Academy of Nigeria, Oron in Akwa Ibom to assist in the day to day running of the premier maritime institution in the country . Mallam Bago who gave the advice during an oversight visit to the institution last week picked holes with Transportation Minister, Rotimi Amaechi on the appointment of an Interim Management Committee to run the Academy side by side a substantive Rector. Said he: "An Interim Management Committee has no place in the Act establishing the Maritime Academy of Nigeria.As it stands today, the IMC remains an illegality and cannot pass any integrity test as it h...

Dec172017 by Our EditorNo Comments

Research is a catalyst for development – Dakuku

Breaking News, Business, Maritime, News Feature

The Director General of the Nigerian Maritime Administration and Safety Agency, (NIMASA) Dr. Dakuku Peterside has stated that the Agency is ready to partner with the Defence Research and Development Bureau for the growth of the Nigerian maritime sector adding that research is a catalyst to attain sustainable development. Dr Peterside who stated this when the Director General of the Defence Research and Development Bureau, Air Vice Marshall (AVM) Jomo Osahor led his team on a courtesy visit to NIMASA in Lagos noted that what makes a great organization is the ability to initiate new processes based on detailed research, which will in turn guarantee sustainable growth with a positive multiplier effect on the nation. Speaking further, the NIMASA DG reemphasized the need to develop indigenous...

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 Asu BeksNo Comments

I Will Turn Around The Fortunes of MAN Oron In 365 Days – Rector

Breaking News, Education, Maritime

Newly appointed Rector of the Maritime Academy of Nigeria, Commodore Emma Daju Effedua retd has promised to return the institution to its glorious past as one the most admired and respected maritime academy in the west and central African sub region. Commodore Effedua who made the pledge Wednesday in Oron when he hosted members of the House Committee of Maritime Administration and Education said, "I am here to change the narrative where cadets of the Academy are regarded as half baked and unemployable" He added that, " When this Academy was established 40 years ago it was the the pride of the African continent. It was established at the same time countries like South Africa, Ghana and Egypt also came up with their maritime academies but 40 years down the line, we are hundreds of ...

Dec112017 by Asu BeksNo Comments

EFCC Cannot Investigate Or Prosecute Judges – Appeal Court

Breaking News, Law

Court of Appeal just delivered a well researched judgment, which they anchored on the separation of power between the three arms of government in the matter Hon. Justice Ngajiwa vs. FRN. They said EFCC does not have power to investigate and prosecute serving judicial officers without first being dismissed by NJC That serving judicial officers can only be prosecuted for offences like murder, stealing etc done outside the discharge of their duties. That once the offence was committed in the discharge of their duties, they must be tried by NJC first and dismissed before EFCC can investigate or prosecute them. The implication of this ruling is far reaching. It means that cases of Fishim, Ajumogobia will be thrown out by the trial court. The judiciary tactically used this judgme...

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 ...

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...