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

Saint AugustineBy Saint AugustineAugust 22, 2018No Comments3 Mins Read
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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.

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AAMA Dr. Dakuku Peterside Eid-el- Kabir NIMASA Treasury Single Account
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Saint Augustine
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Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

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