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 » Nigeria long overdue for national fleet, says NIMASA boss
News

Nigeria long overdue for national fleet, says NIMASA boss

Saint AugustineBy Saint AugustineMay 23, 2019No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

…Pledges to support implementation committee

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that Nigeria is way overdue for an active national fleet that would properly position it in the comity of maritime nations.

Peterside stated this in Lagos when he played host to members of the National Fleet Implementation Committee (NFIC) at the headquarters of the agency, pointing out that national fleet will energize the maritime sector, retain huge spending on freight in-country and create job opportunities to grow the economy.

He declared the agency’s readiness to support the committee, saying, “The national fleet implementation is long overdue and so NIMASA will work assiduously with the committee to ensure that the national fleet is restored to its past glory so that our nation can be reckoned with in the comity of maritime nations.”

The Director-General stated that NIMASA had taken a lot of steps towards developing the maritime sector and increasing indigenous participation.

He detailed the measures to include repositioning of the Nigerian Ship Registry; securing a special tax regime, in collaboration with the Federal Ministry of Finance and the Nigeria Customs Service; and changing of trade terms from Free on Board (FOB) to Cost Insurance and Freight (CIF).

Others are; engaging the Central Bank of Nigeria (CBN) in negotiation for one digit interest rate for Shipowners to help in the acquisition of maritime assets; collaborating with the Nigerian Content Development and Monitoring Board; and supporting the Nigerian Navy in capacity building.

“The national fleet implementation will create employment and wealth opportunities in Nigeria. The focus lab will also help Nigerians to understand the maritime sector and bring the players together to solve and understand issues better,” he said.

The Chairman of the committee and Executive Secretary, Nigerian Shippers’ Council (NSC), Mr. Hassan Bello, during his presentation enumerated the work done so far by the committee and solicited NIMASA’s support.

Bello also requested a joint briefing with NIMASA to the Honourable Minister of Transportation to get his buy-in on the need to go through the Focus Lab to realise the Nigerian fleet project.

He said there was need for the Ministry of Transportation and Ministry of Budget and National Panning to write a joint memo to the Federal Executive Council and other relevant arms of the government for approval to hold the lab.

NFIC was set up by the Honourable Minister of Transportation, Rt. Hon Rotimi Amaechi, to work out modalities for the establishment and sustenance of a Nigerian Fleet.

It should be recalled that Nigeria had a lot of vessels under the Nigeria National Shipping Line (NNSL) before it was liquidated in 1995 and this is a major effort to resuscitate the National fleet.

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

Barr. Hassan Bello Dr. Dakuku Peterside National Fleet Implementation Committee NIMASA
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleAmiwero writes Buhari, exposes reasons behind non-functional scanners at seaports, borders
Next Article Obiano assures on upgrade of State Polytechnic
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.