Maritime sector well-positioned as alternative source of revenue, says Nigeria’s ex-Head of State Abubakar
… As NIMASA DG Peterside ascribes successes to stakeholders’ cooperation


A former Nigeria Head of State, General Abdulsalami Abubakar (rtd), has noted that it is high time alternative sources of revenue were developed for the nation.

According to him, the maritime sector is well-positioned to serve as alternative source of revenue.

Abubakar, who spoke ahead of the Nigerian Maritime Administration and Safety Agency (NIMASA) Maritime Awards, also commended NIMASA’s efforts to motivate stakeholders and staff.

He said that this would help them take advantage of the policies in place to invest and grow the economy.

In his words: “It is time to develop other alternative sources of revenue for the nation and the maritime sector is well positioned to do so. What NIMASA is doing in the industry and the awards are quite in line to motivate stakeholders and staff to take advantage of the policies in place to invest and grow the economy.”

On his part, the NIMASA Director-General, Dr. Dakuku Peterside, explained that the successes recorded so far in the maritime sector were as a result of the cooperation of the stakeholders in the industry with the organisation.

Peterside said that the awards were part of the efforts to celebrate and reward excellence in the Nigerian maritime industry and to also encourage more local participation in the shipping business as well as draw attention to the vast opportunities in the sector for both foreign and local investors to grow the blue economy, which is now the focus of global investments.

He added: “As an Agency, we recognise the role of our stakeholders in our drive to realise a robust maritime sector; without the stakeholders, there will be no NIMASA and by extension, no maritime industry. We are therefore hopeful that in the coming years, we will continue to work assiduously to meet the yearnings of the industry as we hope to engage more in collaboration, so that all of us can boast of a robust maritime sector.”

In a press release, copy of which was emailed to MARITIME MATTERS, the Head, Corporate Communications of NIMASA, Mr. Isichei Osamgbi, noted that the past year was quite eventful for the maritime industry under Peterside, as many important milestones were recorded during the period.

These, according to him, include the provision of sea time for over 500 cadets; the arrival of the modular floating dockyard that will create capacity and help retain multimillion of dollars in-country through vessel maintenance; and the midwifing of the collective bargaining agreement for industrial harmony with improved wages and entitlements for maritime workers.

“The Agency also championed the change of terms of trade from Free on Board (FOB) to Cost Insurance and Freight (CIF), to enable local participation of Nigerian shipping firms in the crude oil business to create wealth and employment; and, for the first time, NIMASA initiated a maritime industry forecast aimed at providing direction for industry players,” Osamgbi added.

The awards event, which is scheduled for Saturday, January 12, 2019, at the Eko Hotels and Suites, Victoria Island, Lagos State, South-West Nigeria, is expected to attract dignitaries from all walks of life, including the Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, who is billed to chair the event; and the Minister of Transportation, Rt. Hon. Rotimi Chibuike Amaechi, who is the host.

Also expected are the Governors of Lagos, Ogun, Enugu, Ondo, Kaduna, Kebbi and Borno states, as well as other Ministers of the Federal Republic of Nigeria.

Others expected to attend are leading industrialists, including Alhaji Aliko Dangote, Mr. Femi Otedola, and Mrs. Nike Akande, as well as royal fathers, including the Emir of Kano, Mallam Sanusi Lamido; and the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi.

National Assembly members, and members of the diplomatic corps are also billed to attend.

The award categories include Shipping Company of the Year 2018 (Dry Cargo), Shipping Company of the Year 2018 (Wet Cargo), Maritime Education and Training Institute of the Year 2018, Manning Agent of the Year 2018, and Seafarers’ Employer of the Year 2018.

Staff of NIMASA will be honoured for outstanding performance and an Employee of the Year will be picked from the 11 winners of the Employee of the Month awards from January to November 2018.

MARITIME MATTERS recalls that at last year’s event, Maersk Nigeria Limited, Gulf Agency Company (GAC) Nigeria Limited, Charkins Maritime, and Offshore Safety Centre, among others, were duly recognised with corporate and industry awards.


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