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NIMASA, NNPC Shipping, Meet Over CVFF Disbursement

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The creation of a standalone Ministry of Marine and Blue Economy by President Bola Ahmed Tinubu, GCFR, has put the focus of the international maritime community on Nigeria as she attempts to realize the vast potentials inherent in the marine environment.

Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh made the assertion during a courtesy visit by the new Managing Director of the NNPC Shipping Ltd, Panos Gliatis.

She made the visit in company of a delegation from the Nigerian Chamber of Shipping, during which the NIMASA, DG hinted that some international financial institutions had indicated interest in investing in Nigeria through the Cabotage Vessel Financing Fund (CVFF).

In his words, “the creation of the standalone Ministry of Marine and Blue Economy has put the spotlight on the Nigerian maritime industry as the international community now sees the commitment of the Federal Government through this new Ministry to develop economically, away from the long-standing reliance on crude oil exports.

Right now, the Afriexim Bank, African Development Bank and American Express Bank have all indicated intent to support the CVFF.

The NIMASA has also been directed to provide accommodation for the Maritime Bank at the Agency’s Abuja Zonal Office.

Biztellers reports that this will also bring more funding for the Nigeria maritime industry.

The NIMASA DG also spoke about the issue of ongoing discussions between the Agency and the appointed Primary Lending Institutions, (PLIs), on interest rate on the CVFF.

“On CVFF disbursement, we have gone far, the disagreement was when the PLIs where insisting that the interest rate must be 7.5 percent, while NIMASA and NNPC Shipping Limited say it should be 6.5percent.

“It is noteworthy that NNPC Shipping Limited has agreed to be off-takers of these vessels, because it is one thing to have a vessel, and another to have the cargo. Without the cargo, the ships become useless. The essence of CVFF is to promote job creation and expansion of the industry,” Jamoh noted.

On his part, President, Nigerian Chamber of Shipping, Aminu Umar expressed much satisfaction at the collaboration between NNPC Shipping and indigenous ship owners.

He said, “We have come to inform NIMASA, as our regulator, that we have entered into partnership with NNPC Shipping Ltd.

“They have come with open arms to partner the Nigerian ship owners, under the auspices of the Nigerian Chamber of Shipping. This partnership would open up a lot of opportunities for us who are operators in this industry, and we believe that it would bring a lot of investment opportunities, create jobs and economic growth which is what NIMASA has been pushing for, under the administration of Dr. Bashir Jamoh”.

In the same vein, Gliatis, assured that under his watch, the previous discussions and agreements between NIMASA and the NNPC Shipping Limited would receive expedited action.

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Maritime

IMO Secretary General Congratulates NIMASA DG, Assures Support

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The Secretary General of the International Maritime Organisation (IMO), Arsenio Dominguez has congratulated the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola on his appointment by President Bola Ahmed Tinubu, GCFR.

This was contained in a conveyance letter he personally signed, in which he acknowledged the strides of the Agency in building a robust maritime sector in Nigeria.

According to Dominguez, the IMO commends the significant effort, initiatives, and investment that Nigeria has made in strengthening its maritime institutions.

In the words of Dominguez, “the focus on strengthening maritime law enforcement and security architecture has been welcomed by seafarers and flag States. The Deep Blue project and the C4i Centre as well as maritime piracy laws under the SPOMO Act are just some of the many investments that have set a new gold standard in the region in maritime security capacity building.

“IMO has long supported the regional role of the Yaoundé Code of Conduct and its Member States in strengthening maritime security and law enforcement. In this respect, we have been greatly encouraged with the continuation of this regional ownership with the formation and work of the Gulf of Guinea Maritime Collaboration Forum and Shared Awareness and De-confliction (GoG-MCF/SHADE) in 2021”.

He commended the Agency’s partnership with the various regional bodies, and expressed readiness of the IMO to work with Nigeria and other member states on many maritime issues with the aim of jointly tackling these issues.

“NIMASA’s partnership with the Interregional Coordination Centre (ICC) and the collaboration with the shipping industry, navies and the Yaoundé architecture has been instrumental in suppressing the threat of piracy to merchant vessels and seafarers in line with UN Security Council resolution 2634 (2022) on piracy and armed robbery in the Gulf of Guinea and IMO Assembly resolution A.1159 (32).

“I look forward to working with you and your colleagues on many of the maritime issues that we are jointly tackling and hope to welcome you in person at the IMO,” he added.

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New NIMASA DG Promises Purpose-Driven Organisation, Effective Communication

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The newly appointed Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola says the Agency’s Management under his leadership will build a purpose driven organisation.

He also promised prioritising effective communication at all levels to enhance innovation, collaboration and synergy.

Biztellers reports that he made the assertion in his maiden address on his assumption of duty, where he also noted that the Agency under his leadership would prioritize safety, security, efficiency, environmental sustainability amongst others.

He said, “We must strive to foster innovation and excellence in everything we do. The maritime industry is constantly evolving, driven by technological advancements, changing market dynamics, and evolving regulatory frameworks.

“As leaders in the sector, we must embrace innovation, adapt change, and continuously seek ways to enhance the efficiency, competitiveness, and resilience of our maritime operations.

“I do not doubt that every individual within our organization has the potential to achieve greatness; we will therefore, ensure that we build a purpose-driven organisation by investing in our staff, processes, and the entire system to achieve our mandate. I aim to foster an environment of innovation, collaboration and synergy, creating an atmosphere that encourages the development of our employees’ skills, talents, and creativity.”

He also used the opportunity to express gratitude to the President of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu, for entrusting him with the responsibility of steering the affairs of the Agency.

“I extend my heartfelt gratitude to His Excellency, the President of the Federal Republic of Nigeria for entrusting me with this crucial responsibility.

“I am highly aware of the immense trust and confidence the President placed in me. It is with great enthusiasm and a sense of purpose that I step into this position, fully committed to steering our organisation toward greater heights, while upholding the highest standards of integrity, diligence, and service to our nation”, he said.

He thanked the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, CON, for his guidance throughout the appointment process, and expressed readiness to work with the Minister in achieving the objectives of the Ministry for the sector.

Earlier, the Agency’s Executive Director, Finance and Administration, Chudi Offodile who led other Management staff to receive the DG noted that the entire Management and staff of the Agency were elated to welcome him to the Agency, while also pledging the cooperation of the staff for the success of the Agency.

Recall that on March 11, 2024, President Bola Tinubu approved the appointment of Dr. Dayo Mobereola to serve as the DG of the NIMASA for a renewable term of four years.

Dr. Mobereola holds a Ph. D and an M. Sc in Transport Economics from the University of Wales, United Kingdom.

He is a fellow of the Chartered Institute of Transport, England, and a fellow of the same institute in Nigeria.

He was the Managing Director of Lagos Metropolitan Area Transport Authority (LAMATA) from 2003 to 2015 and the Commissioner for Transportation in Lagos State from 2015 to 2016.

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NIMASA DG: Jamoh Hands Over To Offodile

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Outgoing Director-General, the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has handed over the affairs of the Agency to the Acting Director-General, Hon Chudi Offodile.

The change of baton ceremonies took place at NIMASA Towers in Victoria Island, on Monday.

Biztellers reports that Hon Offodile, was NIMASA’s Executive Director, Finance and Administration, before his new role.

Dr. Jamoh handed over to Hon Offodile in compliance with the Federal Government Establishment Circular tagged “End of Tenure Processes for Heads of Extra-Ministerial Departments, Director-Generals, Chief Executive Officers of Parastatals, Agencies, Commissions, and Government-Owned Companies and Succession Guideline” dated 4th December 2017.

Dr Jamoh’s tenure expired on March 10, 2024.

He expressed gratitude to the Federal Government for giving him the opportunity to serve in the capacity as Director General and urged the next leadership of the Agency to consolidate on the gains of the past four years.

He said, “I wish to express gratitude to Almighty Allah and the Federal Government for the privilege given me to serve Nigeria in this capacity, as I count myself a privileged Nigerian to have occupied this position, while also contributing my quota to the Nigerian maritime sector.

“Let me also use this opportunity to assure the staff of the Agency that wherever I am, I will still remain a part of this family; a place I have spent the active 30 years of my life.”

He also used the opportunity to thank staff of the Agency for the cooperation enjoyed and their professionalism in assisting the Agency in the realization of its mandate. He enjoined them to keep up the good work and cooperate with the new leadership of the Agency.

On his part, Hon Offodile thanked Jamoh for bringing his wealth of experience to the sector, while also stating that the expertise of the outgoing DG would continue to be required in the industry.

“I want to express my gratitude to the outgoing DG for being a guide to me upon assumption of office as the Executive Director, Finance & Administration, four years ago. The industry will continue to call on you for your expertise,” the Acting DG said.

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