Saturday, January 28Nigeria's Authoritative Maritime News Magazine
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Tag: cabotage

Sea time training for Nigerian Cadets: Counting our losses to foreign shipowners

Opinion
When the Nigerian  Seafarers Development Programme (NSDP) was introduced in 2008, it was meant to develop a pool of trained cadets who would man our vessels especially with the coming on stream of the Cabotage Act 2003. The thinking then was that with the production of certified seafarers, the dearth of seafarers arising from old age and death would be a thing of the past. According to the Nigerian Maritime Administration and Safety Agency, NIMASA, so far, about 2, 500 cadets have been trained from the NSDP excluding those trained from the Maritime Academy of Nigeria, Oron, Akwa Ibom State and other approved maritime schools within the country. Recently, at a well-attended meeting in Lagos, the Director General of NIMASA, Dr. Dakuku Peterside announced that it was sending out ...
$100 billion Ship building Fund: Ship Owners may drag Amaechi before Buhari

$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 ...
Stakeholders Oppose Amendment to NIMASA Act Seeking 1% Contribution to Navy

Stakeholders Oppose Amendment to NIMASA Act Seeking 1% Contribution to Navy

Breaking News, Law, Maritime
Stakeholders in the Nigerian maritime industry have opposed moves by the Nigerian Navy seeking amendment to the Nigerian Maritime Administration and Safety (NIMASA) Act to contribute 1% of its revenue to the Nigerian Navy. The move was condemned by industry players during a One-Day Public Hearing on “A bill for an Act to Amend the Nigerian Maritime Administration and Safety Agency Act, No. 17 2017 to increase the functions of the Agency; and for related matters (HB; 1131 & 1178), before the House of Representative Committee on Maritime Safety, Education and Administration. Speaking at the event, the President, African Ship owners Association and a former Director General of NIMASA, Mr. Temisan Omatseye pointed out clearly that it will be against all international conventions of t...