Close Menu
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Trending
  • How Nigeria, Africa Can Retain Wealth Generated Locally, Tackle Illicit Financial Flows
  • LASWA Kicks Off 2025 Waterways Safety Sensitisation Campaign, Distributes Life Jackets Across Lagos Jetties
  • Suspension Of The 846 Vehicle Valuation System And Urgent Need For A 90-Day Transitional Waiver
  • World Cassava Day: FMN Agro Collaborates FG On Drive For Cassava Industrialization
  • SON Congratulates Yahuza Ado Inuwa On His Appointment As Chairman, Standards Council
  • Nigerian Navy’s Maritime Institute Commences Executive Blue Economy Course For Media Practitioners
  • Customs Renovates, Adopts School In Lagos, Pledges Sustained Support
  • NIMASA’s Aggressive Campaign Against War Risk Premiums: More Talk Than Action?
Prime Time Reporters
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Prime Time Reporters
Home » Democracy: Nigerians, Africans must direct their destiny – NIMASA DG
News

Democracy: Nigerians, Africans must direct their destiny – NIMASA DG

Saint AugustineBy Saint AugustineAugust 22, 2018No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has urged Nigerians and the entire African continent to jealously guide the fledgling democracy which is gradually taking roots in the continent, noting that it will help catalyze the economic development in the continent and by extension the maritime sector.

Peterside who is also the Chairman of Association of African Maritime Administration (AAMA) stated this in Lagos yesterday during breakfast with some journalist in Lagos to mark the Eid-El-Kabir celebrations.

Speaking further, he said that AAMA under his leadership has prioritized projecting Africa as a block deserving a larger share of global maritime trade based on its contributions.

“Some African countries still operate along colonial inclination and that tends to slow down development particularly in the maritime sector. In those countries where democracy is fully thriving such as Nigeria, stakeholders in the maritime sector now speak with the voice of development, independent of colonial masters. AAMA, under my watch has been able to give African maritime sector a new voice, particularly at the International Maritime Organization, IMO”, he said.

While commenting on how the agency has become one of the leading parastatals of the Federal Government in its huge contribution to the Consolidated Revenue Fund (CRF), the NIMASA DG said that some policies his administration adopted alongside the Treasury Single Account (TSA) was responsible.

“NIMASA has transformed from contributing barely 3 billion naira to over 20 billion naira annually to the Consolidated Revenue Fund (CRF) and it will keep getting better,” he said.

Furthermore, he said, “in order to block financial leakages, we subscribed to a full bouquet of the Lloyds and Clarkson intelligence; this made it almost impossible for any vessel calling at our ports to escape or under declare; the TSA and our collaboration with the Nigeria Customs Service (NCS) amongst other agencies also played an important role”.

He also restated NIMASA’s commitment to growing indigenous capacity in the sector, noting that the engagement currently ongoing between the agency and the Central Bank of Nigeria (CBN) was aimed at securing special interest rates and intervention funds for vessel acquisition and other ancillary transactions in the sector, all geared towards improving the Cabotage regime and the realization of a robust maritime sector.

Dr. Peterside who referred to the maritime sector as a goldmine, used the opportunity to call for more objectivity in the reportage of activities of the sector assuring that the agency will continue to embrace all forms of collaborative initiatives that can help boost the fortunes of the nation’s maritime sector.

Send your news, press releases/articles to info@primetimereporters.com. Also, follow us on Twitter @reportersinfo and on Facebook on facebook.com/primetimereporters or call the editor on 07030661526, 08053908817.

 

 

AAMA Dr. Dakuku Peterside Eid-el- Kabir NIMASA Treasury Single Account
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleSallah: Peterside preaches love, peace, says better days ahead for Nigerians
Next Article Farinto: Territorialism by heads of government agencies killing Ease of Doing Business in maritime industry
Saint Augustine
  • Website
  • Facebook
  • X (Twitter)

Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

Related Posts

LASWA Kicks Off 2025 Waterways Safety Sensitisation Campaign, Distributes Life Jackets Across Lagos Jetties

July 25, 2025

SON Congratulates Yahuza Ado Inuwa On His Appointment As Chairman, Standards Council

July 22, 2025

Nigerian Navy’s Maritime Institute Commences Executive Blue Economy Course For Media Practitioners

July 18, 2025
Leave A Reply Cancel Reply

Recent Posts

How Nigeria, Africa Can Retain Wealth Generated Locally, Tackle Illicit Financial Flows

July 25, 2025

LASWA Kicks Off 2025 Waterways Safety Sensitisation Campaign, Distributes Life Jackets Across Lagos Jetties

July 25, 2025

Suspension Of The 846 Vehicle Valuation System And Urgent Need For A 90-Day Transitional Waiver

July 25, 2025

World Cassava Day: FMN Agro Collaborates FG On Drive For Cassava Industrialization

July 22, 2025

SON Congratulates Yahuza Ado Inuwa On His Appointment As Chairman, Standards Council

July 22, 2025
© 2025 Copyright Primetime Reporters.
  • Home
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.