How NIMASA dodged addressing CVFF, most critical issue in maritime industry @ WPC
The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside Tuesday failed to give any meaningful reason causing the delay in the disbursement of the Cabotage Vessel Financing Fund (CVFF), at his World Press Conference (WPC)…
More stakeholders intensify calls for the disbursement of Cabotage fund by NIMASA
Considering the observed silence by the Nigerian Maritime Administration and Safety Agency (NIMASA) in the calls by shippers and other stakeholders to release the Cabotage Vessel Financing Fund (CVFF) to address the problems of ship owners in the industry, some…
Release Cabotage fund or open our coasts for foreign investors—Borha
Leading maritime expert, Mr. C A Borha has called on the Federal Government to either release the Vessel financing Fund as provided by the prevailing Cabotage Act to empower Nigerians invest and internalize the merits of the Act or relax…
Unity Bank sues Tompolo, two ships over N5.3bn debt
As part of meeting the target of reducing non-performing loans as directed by the Central Bank of Nigeria (CBN), Unity Bank Plc has instituted a legal action against a limited liability company, Muhaabix Global Services, traced to a former Niger…
NIMASA steps up maritime capacity, trains 130 Nigerians in Egypt, gets offers for more
The Nigerian Seafarers Development Programme (NSDP), an initiative of the Nigerian Maritime Administration and Safety Agency (NIMASA), has once again graduated 130 cadets from the Arab Academy for Science, Technology and Maritime Transport in Alexandria, Egypt. The feat has further…
Host community seeks confirmation of Mkpandiok as Maritime Academy rector
Acting President, Prof Yemi Osinbajo may now be considering the request of the Oro ethnic nationality in Akwa Ibom State, host of the Maritime Academy of Nigeria, Oron where their son had been on acting capacity for too long. In…
Facilities at 6 Nigerian ports getting better, safer—NIMASA tells US Coast Guard
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has disclosed that the Agency is determined to ensure total compliance with the International Ships and Ports Facility (ISPS) Code in all ports, terminals and…
NPA, NIMASA give reasons for collecting some port charges in dollars
The most strategic agencies of the federal government in the nation’s shipping industry, the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) has finally opened up on why they may continue to collect certain port…
NIMASA hosts Africa’s heads of maritime administration in April—Peterside
Finishing touches are currently given to the planning of the 3rd Conference of the Association of Heads of African Maritime Administrations (AAMA Conference) planned for Abuja in April. A statement issued by the head of Corporate Affairs at NIMASA said…
NIMASA’s 2017 budget to deepen growth of Nigeria’s maritime sector – Peterside
Though the budget is still in the works at the National Assembly, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has disclosed that the Agency’s 2017 budget is tailored towards the strategic growth…
