Business
Ex-NIMASA Boss Lauds NNSL’s Revival Efforts
A former Director-
General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Ade Dosunmu, has commended the Ministry of Transportation, for taking steps to revive the liquidated Nigerian National Shipping Line (NNSL).
Dosunmu gave the commendation in an interview with newsmen in Lagos, yesterday.
He urged the minister to ensure that the revival of the national shipping line should be private sector- driven to achieve its set objectives.
Dosunmu said that the Nigerian National Shipping Line (NNSL) was liquidated because government was controlling it.
“This time, the private sector should occupy 60 per cent position, while government should hold 40 per cent shares to give room for more foreign investors to participate.
“NLNG is a success story because it was Public Private Partnership (PPP) driven.
“Nigeria is a shipping nation with huge maritime potential but government should ensure that the shipping line is more controlled by the private sector,” Dosunmu said.
The former director-general, however, urged the ministry of transport to engage the services of entrepreneurs to bring more technical partners from outside the country.
He said that there was need for national shipping line due to the fact that Nigeria is blessed with hydrocarbon resources.
Dosunmu said that “Nigeria lifts crude oil on daily basis.’’
He said that the crude oil transportation business would attract foreign investors to participate in the shipping line project.
The Minister of Transportation, Mr Rotimi Amaechi, says the Federal Government is working on the establishment of a national shipping line to ensure maximum exploitation of the potential of the maritime industry.
The minister said this in May in Abuja in a keynote address he delivered at the 14th Maritime Seminar for Judges organised by the Nigerian Shippers’ Council (NSC)in collaboration with the National Judicial Institute.
The minister said, “The present administration is looking into ways of encouraging the establishment of a national shipping line to ensure the maximum exploitation of the potential of our maritime sector.’’
In June, the minister constituted an implementation committee headed by the Chief Executive Officer of the NSC, Mr Hassan Bello.
According to him, it has become expedient to constitute the implementation committee immediately because government attaches premium importance to the revival of the national shipping line.
The minister said this would greatly impact on the socio-economic development of the nation.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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