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NIMASA Warns Maritime Operators Against Non-remittance Of Dues
Central Zonal Coordinator,
Nigerian Maritime Administration and Safety Agency (NIMASA), Warri, Mr Ibikunle Olayiwola,has warned terminal operators and shipping companies in the zone against non-remittance of maritime dues.
Olayiwola gave the warning during his maiden visit to NIMASA in Oghara, Ethiope East Local Government Area of Delta, on Saturday.
He said any maritime operator that failed to remit such dues and levies promptly to the agency would be sanctioned henceforth.
The coordinator urged the operators to cooperate with NIMASA, with a view to building a healthier maritime sector.
“NIMASA will not tolerate non-compliance with rules on payment of statutory dues and levies by terminal operators and shipping companies within the zone.
“I also want the terminal operators to cooperate with NIMASA to enhance smooth operations on the waterways”, he said.
Responding, Mr Bode Ibisanmi, Depot Manager, Nepal Oil and Gas Services Ltd, Oghara, thanked the NIMASA for the visit.
Ibisanmi said the visit had enabled the company to be aware of its responsibilities and promised that it would carry them out.
“I now know those things required of us, especially as it concerns the remittance of levies and dues as required by law. We will abide by it”, he said.
Earlier, Mr Ali Alpha, Head of Cabotage, Central Zone of NIMASA, enlightened the management of Nepal Oil and Gas on what cabotage entailed. According to him, cabotage is a shipping term used to refer to the domestic carriage of cargoes or passengers within the nation’s territorial waters. Alpha said that cabotage law stipulates that vessels plying Nigerian territorial water must be designed, owned and manned or crewed by Nigerians and registered in Nigeria. Olayiwola, who also visited NIMASA in Sapele, had in November, visited the Nigeria Navy Ship (NNS), and the Nigerian Ports Authority (NPA) in Warri.
He had also visited the Maritime University and the Ship Yard in Okerenkoko/Oporoza, Warri South-West Local Government Area of the state.
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.