{"id":1345,"date":"2019-07-29T20:47:52","date_gmt":"2019-07-29T19:47:52","guid":{"rendered":"https:\/\/shippingworld-ng.com\/?p=1345"},"modified":"2019-07-29T20:47:54","modified_gmt":"2019-07-29T19:47:54","slug":"dakuku-peterside-breathes-fresh-air-into-nimasa","status":"publish","type":"post","link":"https:\/\/shippingworld-ng.com\/index.php\/2019\/07\/29\/dakuku-peterside-breathes-fresh-air-into-nimasa\/","title":{"rendered":"Dakuku Peterside breathes fresh air into NIMASA"},"content":{"rendered":"\n<p>By Asu Beks<\/p>\n\n\n\n<p>A little over three years ago when Dr. Dakuku \u00a0Adol  Peterside was appointed Director General of Nigerian Maritime  Administration and Safety Agency, NIMASA, there was a sharp division of  what his coming portends.While some believed that  he would make a difference, significant and far reaching, there were  also those who expressed some level of reservation and indeed pessimism,  based on the consideration that not been an industry person would  clearly limit his ability to achieve \u00a0the desirable growth index. Three  years down the line, so much has taken place that, without  equivocation, can be summed up as the striking gains under Peterside\u2019s  stewardship in every parameter, which even his worst critics cannot  deny. Overall, he has been able to secure the  levers of the maritime domain and gotten the national ship into sea,  clearly making Nigeria a true maritime nation, beyond rhetoric and  pretensions. Significantly, this new vista of fresh air is couched in  indelible and sustainable blueprints as one legacy the President  Muhammadu Buhari government could lay firm hold upon as part of its  stewardship legacy.For a thorough grasp of these  three years&#8217; appraisal, let us take a glimpse at the scope of NIMASA\u2019s  mission objectives: administration, operations, oversight, in terms of  capacity and economic; control, policy, synergy, diplomacy, public and  trade relations.<br><\/p>\n\n\n\n<p>Administration Beginning  from inside outwards, without any gainsaying, staff morale and capacity  building remain one of the strongest pillars of Peterside\u2019s  achievements. Added to this is stakeholders\u2019 engagement which has so far  enjoyed very robust attention. Going hand-in-hand with stakeholders\u2019 synergy is a new improved public relations investment programme.  Similarly, the NIMASA helmsman has impacted very positively in raising  the bar in trade relations, within and beyond the sub region.The  DG of NIMASA has reorganized African Maritime Administration Agencies  into a continental shelf with a broad based common ideology and  commitment to internal improvement. Various strata of stakeholders are  carried along in the bid to open up the industry to accountability and  operational responsibility. \u00a0<br><br>Shipping Development and OperationsPeterside  inherited a maritime domain that was, even though commercially driven,  more or less foreign dominated in terms of coastal and seaborne trade.  Effectively, Nigeria\u2019s state flag control status was no less mere  official stereotype, since the economic control remained in the hands of  foreigners. It was a vintage Peterside who emphasized the need to  dialogue with local ship owners on ways to deepen local capacities and  strengthen indigenous participation. Thus there has been series of  ongoing and robust dialogue aimed at correcting the dislocation of  economic participation. Under Peterside, NIMASA has canvassed a number  of sustainable indigenous ship development blueprints and promotional  strategies as well as establishment of privately run shipping companies,  with government support. This option envisages indigenous shipping  companies entering into partnerships with established international  shipping companies because of a number of inherent advantages. Under the  NIMASA template, it is expected that their risk sharing ratio will be  40 \u2013 60 percent ownership while government provides the enabling  environment for businesses to thrive.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/shippingworld-ng.com\/wp-content\/uploads\/2019\/07\/dakuku2.jpg\" alt=\"\" class=\"wp-image-1347\" width=\"339\" height=\"226\"\/><figcaption>Dakuku Peterside<\/figcaption><\/figure><\/div>\n\n\n\n<p>These are  ongoing, aside other strategic plans to provide a wide range of  financial support with far less lending ratio burdens supportive of  business growth and expansion. Under this option, while it is expected  that the foreign shipping concerns will bring their expertise, knowledge  of market and operational capacity into the management of the proposed  fleet, it is expected that there would be far less profit repatriation  overseas with more of the earnings been spent in Nigeria.The  option also envisages quicker decision making devoid of usual  government bureaucracy. The other option is the PPP model, where  government participation will be limited to providing guarantee and  offering of confidence to investors against foreign harassment.\u00a0 All of  these templates remain the hallmark of Peterside\u2019s stewardship in the  past three years.<br><br>Promotion of Nigerian Fleet Implementation CommitteeTo  achieve above objectives, NIMASA has also faithfully utilized the input  of expert presentations to advise the federal government on the need to  re-float a national carrier under a short-medium term arrangement for  Nigeria to re-enter the international shipping trade, with the prospect  of driving a structural and sustainable Economic Recovery and Growth  Plan (ERGP), correct the imbalance in Nigeria\u2019s maritime trade; and also  seek to increase Nigeria\u2019s chances to significantly raise her GDP. A  committee with far reaching and robust terms of reference has since been  put in place to further advise the federal government.<\/p>\n\n\n\n<p>NIMASA  under Peterside did not stop there. For the success of the proposed  indigenous shipping development, the agency has been at the forefront of  efforts and recommendations for government to consider a regime of  incentives, to be monitored and implemented by the Nigerian Investment  Promotion Commission and other relevant agencies.The  proposed incentives include zero import duty on vessels; tonnage tax;  abolishment of Temporary Importation Permit or imposition of stringent  measures, Shipping Sector Support Fund, Real Sector Support Fund -2% per  annum \/9%, waiver of export tariff for use of Nigerian vessels and  Right of First Refusal for National Carriers in the procurement process  for cargo and Issuance of Work Permit only upon verification of  unavailability of ratings or officers.Others  include, Change of Nigeria\u2019s crude oil policy; CAC to adopt FIRS\u2019s zero  duty for ship finance registration and Preferential berthing privileges.<br><\/p>\n\n\n\n<p>Improved Port State ControlRecently,  Nigeria\u2019s vessel inspection rating got a boost with 81.7 percent , been  a radical departure from her history of recurring lows, with a total of  636 ship inspections last year as against 350 recorded in 2017.  Continent wise, South Africa came second with 327 inspections for 2018,  while Senegal came third with 270 inspections, during the period under  review.A major safety indicator, that rating has  clearly put Nigeria on the international trading radar not only as a  serious maritime nation, but one whose capacities and potentials is  growing under an invigorated administration. Port State Control, PSC, is  the instrument used by maritime nations to verify the conditions of  foreign ships and their equipment, in the demand for compliance of  international requirements and rules.Instructively,  above also clearly recognizes improvement in the Nigeria\u2019s Ship  Registry being an important component of NIMASA\u2019s function dedicated to  generation of revenue for government. As only an inclusive inspection  regime can significantly improve the nation\u2019s revenue earnings, these  renewed efforts by Peterside remain an affirmation of his commitment to  exponentially grow the maritime sector, freeing the sector of it\u2019s  hitherto encumbrances through responsible stewardship and leadership  direction.<\/p>\n\n\n\n<p><br>Crude Transportation- Cabotage TradeA  man of great resolve and strong political will, since coming onboard,  Peterside has committed himself to weeding out all undergrowths  detrimental to the growth of the maritime industry. One of such  challenge he has had to deal with has been the coastal and inland trade  law otherwise known as the Cabotage Act which has remained an hydra  headed shipping development monster. The Cabotage Act was designed as an  indigenous coastal transportation policy, to pave way for local players  in the industry. However, because of the lack of capacity of indigenous  players, the Act was passed with a \u2018Waiver Clause\u2019 which empowers the  transportation minister to grant foreign players powers to take part in  the trade.However, since the Cabotage Act was  passed in 2003, successive administrations have made brisk businesses of  the otherwise noble waiver clause, by constantly undermining local  operators and also by substantially sabotaging a policy instrument known  as Cabotage Vessel Financing Fund, CVFF, established in 2006, to  provide financial window for indigenous ship owners to acquire ships and  improve their fleet so as to be able to participate in the Cabotage  trade. Sadly, local ship owners were constantly schemed out of the trade  using the waiver clause and other convoluted schemes; which steadily  led to high level job losses and unemployment.<\/p>\n\n\n\n<p>Disturbed  by the high level job loses to foreign concerns through the  instrumentality of the waiver manipulation, Peterside took the bold step  in 2017 to announce the gradual phase out and suspension of some  components of the waiver clause, starting with manning. This created an  improved recruitment drive leading to more qualified Nigerians been  employed into Cabotage vessels. Encouraged by that change, the Peterside  led NIMASA reinforced its Nigerian Seafarers Development Programme,  NSDP, to improve and increase the corps of local qualified manpower to  take up employment openings in the Cabotage trade.Last  year, 2018, Peterside took step further and ordered operators of  international oil companies, IOCs, with foreigners onboard to begin a  succession plan with indigenous replacement. Again, that strategy worked  as these foreign operators began to adapt to the directive, as a  precondition to having their waivers renewed.Finally,  when NIMASA recently announced the suspension of waivers on manning, it  marked the end of a abuse of the special facility and the beginning of a  new dawn for Nigeria\u2019s maritime industry, by Nigerians and for  Nigerians.<br>Corporate Social ResponsibilityUnder  Peterside, NIMASA for the first time has instituted a corporate  conscience programme by reaching out to Nigerians in distress, destitute  and the less privileged, through generous donations of essential items  and food items. Recently, the agency traversed the length and breadth of  this country, reaching out to needy Nigerians directly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A little over three years ago when Dr. Dakuku  Adol Peterside was appointed Director General of Nigerian Maritime Administration and Safety Agency, NIMASA, there was a sharp division of what his coming portends.While some believed that he would make a difference, significant and far reaching, there were also those who expressed some level of reservation and indeed pessimism, based on the consideration that not been an industry person would clearly limit his ability to achieve  the desirable growth index<\/p>\n","protected":false},"author":2,"featured_media":1346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,127,173],"tags":[107,102,37],"class_list":["post-1345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-maritime","category-news-feature","tag-dakuku-peterside","tag-maritime","tag-nimasa"],"_links":{"self":[{"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/posts\/1345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/comments?post=1345"}],"version-history":[{"count":2,"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/posts\/1345\/revisions"}],"predecessor-version":[{"id":1349,"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/posts\/1345\/revisions\/1349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/media\/1346"}],"wp:attachment":[{"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/media?parent=1345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/categories?post=1345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shippingworld-ng.com\/index.php\/wp-json\/wp\/v2\/tags?post=1345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}