Business
NIMASA Reviews 16 Maritime Labour Conventions For Seafarers’ Welfare
In line with its efforts to boost seafarers welfare, the Nigerian Maritime Administration and Safety Agency (NIMASA) is reviewing 16 proposals for amendments to the Maritime Labour Convention (MLC), 2006, which is often referred to as the “Seafarers’ Bill of Rights”.
This much was made public at a three-day Tripartite Technical session which brought together key stakeholders from government, employers, unions, and international maritime partners to review Nigeria’s ongoing commitment to improving maritime labour standards and the welfare of seafarers.
A statement by the NIMASA’s Head, Public Relations, Osagie Edward, made available to our correspondent in Lagos, said the Agency’s Director General, Dr. Dayo Mobereola, whose speech was delivered by the Agency’s Executive Director, Maritime Labour and Cabotage Services, Mr. Jibril Abba, stated that the proposals under consideration aim to align Nigeria’s maritime regulatory framework with best international practices, ensuring fairness, inclusivity, and sustainability.
He also expressed deep appreciation for the collaboration between the various sectors involved in this process.
“Through this synergy, we can achieve progressive amendments that will enhance seafarers’ welfare, create a fair business environment, and elevate Nigeria’s position as a leading maritime nation.
“This tripartite session is not just about policy amendments, it is about fostering a collective commitment to the sustainability of the maritime sector and the protection of seafarers’ rights”, Jibril said.
He underscored the importance of the sessions, and stated that the sessions are expected to focus on a wide range of issues, including the impact of new technologies, environmental considerations, and the evolving needs of seafarers, with a shared goal of improving working conditions while fostering industry growth.
While acknowledging the continued dedication, support and expertise of the International Labour Organisation, the various union representatives and other stakeholders, he noted that their contributions are seen as critical in shaping a future where the Nigerian maritime industry remains competitive, resilient, and equitable for all.
“We look forward to the outcomes of this session and are confident that our collective discussions will further strengthen Nigeria’s commitment to ensuring decent work for all seafarers,” he concluded.
Addressing the participants was the Nigerian ILO Attache (Labour Services), Mr. Essah Aniefiok, who stated that in order to achieve the tasks ahead, there is the need for cooperation among all the stakeholders in the sector.
On his part, the Regional Advisor and ILO expert on MLC 2006, Dr. Amos Kuje, disclosed that Nigeria is a focal point in Africa, which the ILO recognizes.
He emphasized the need for Nigeria to maintain the lead, particularly now that the country is vying for the Category C seat at the upcoming International Maritime Organisation (IMO) elections.
He stated Nigeria has all it takes to win the elections, hence all stakeholders must work together to ensure that the Seafarers’ welfare is guaranteed.
“The practice must align with the theory”, Kuje said.
The MLC, 2006, provides a comprehensive international framework to ensure decent working conditions for seafarers while promoting fair competition within the maritime industry.
However, as global maritime dynamics evolve, driven by automation, climate change, and economic shifts, the Agency emphasized the importance of adapting this vital legislation to address emerging challenges.
The event was attended by representatives from the Ministry of Marine and Blue Economy; Maritime Workers Union of Nigeria; the Nigerian Merchant Navy Officers and Water Transport Senior Staff Association, among other stakeholders in the industry.
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Business
Boat Mishap Kills Pastor, Wife And Church Members In Brass Water
A boat accident in Bayelsa state has killed a serving Pastor, Wife and other church members along Brass waterways
The sad incident happened at Odioama in Brass local government area of Bayelsa State when the Pastor, wife and members of his church were in a programme.
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?Tide confirmed that the lifeless body of the Pastor’s wife has been found and deposited in a mortuary while the remains of her husband ,the Pastor is yet to be recovered
as search party are still ongoing.
Although the real cause of the boat Mishap is not yet known as at the time of this report, our Correspondent gathered that the identities of the Pastor, wife and church members were not disclosed to the public.
The mishap, Tide gathered occurred on Friday morning when the church members were on a boat transit
The Bayelsa State government and the state police command are yet to issue official statement’s on the sad accident
By: CHINEDU WOSU
Business
Rivers Workers Seek Scrapping Of Contributory Pension Scheme
The Rivers State Council of Nigeria Civil Service Union has called on the State Government to urgently scrap the contributory pension scheme, describing it as unfavourable to long-serving civil servants in the state.
Chairman of the union, Chukwuka Osuma, said this in an interview with newsmen in Port Harcourt, recently.
Osuma said the current pension structure has continued to worsen post-retirement hardship for workers.
He noted that the contributory pension scheme had failed to provide adequate retirement security for workers who had spent many years in service, especially those approaching retirement age.
According to him, civil servants who had served for more than 20 years were among the worst affected under the scheme, insisting that many retirees could no longer cope with prevailing economic realities.
He also informed that the Union has made moves to showcase their concerns, pleading with Governor Siminalayi Fubara to abolish the pension policy and introduce a more favourable arrangement for affected workers.
“The union was not opposed to pension reforms, the contributory scheme should only apply to newly employed workers or those with fewer years in service”, he said.
Osuma explained that workers who had already spent decades in the civil service ought to remain under a more secure pension structure capable of guaranteeing stability after retirement.
The labour leader further noted that inflation and the rising cost of living had continued to erode the value of retirement savings, thereby increasing the suffering of pensioners across the country.
He also appealed to the state government to consider extending the years of service in the civil service from 35 to 40 years and the retirement age from 60 to 65 years.
Osuma argued that such adjustment had become necessary in view of present-day economic realities and changing conditions in the workplace.
The unionist also reviewed that similar policies had already been adopted in some sectors and jurisdictions, expressing optimism that the State could also implement the reforms for the benefit of workers.
He however, commended Governor Fubara for approving an N85,000 minimum wage for workers in the state, noting that the amount was above the national benchmark of N70,000.
Osuma also acknowledged the government’s efforts in the area of workers’ promotions and bonuses, but insisted that pension reforms and extension of years of service remained critical to the long-term welfare and stability of civil servants in Rivers State.
By: King Onunwor
Business
FG Begins South-West Tour To Promote New Cooperative Bank
The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.
Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.
According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.
Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.
“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.
The minister noted the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.
According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.
Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.
He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.
“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.
He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.
“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.
Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.
“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.
“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.
Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.
She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.
Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).
“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.
“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.
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