Business
Ex-Maritime Authority’s DG Wants Restructuring Of NIMASA

A former Director-
General of the defunct National Maritime Authority (NMA), Mr John Egesi, on Thursday called for the restructuring of the Nigerian Maritime Administration and Safety Agency (NIMASA) to discharge its responsibilities properly.
Egesi made the call in an interview with our correspondent in Lagos.
The Tide reports that the merger of the NMA and the Joint Maritime Labour Industrial Council (JOMALIC) metamorphosed into NIMASA in 2006.
The former director-general expressed the regret that the agency (NIMASA), which was charged with ensuring proper administration and safety of the maritime industry had lost focus owing to inefficiency.
Egesi, a maritime economist, said that rather than fulfilling its mandate for the development of the industry, “the agency was reduced to a theatre of scandals by official corruption”.
“NIMASA which used to be the pride of the nation has unfortunately lost focus and has now been enmeshed by so many crises and scandals.
“He said it is time to restore the agency to its original course by those in charge. It is time we take the right steps to reposition the agency.”
Egesi urged the agency`s Director-General, Mr Dakuku Peterside, to chart the way forward for NIMASA to drive the development of the maritime industry.
The maritime economist suggested that the director-general could call a meeting of experts and past heads of the agency to brainstorm on some of the agency’s challenges with a view to strengthen its operations.
Egesi further said that there was the need to divorce politics from the affairs of the agency to enable it function properly.
On Cabotage Vessel Financing Fund (CVFF), he said the government should ensure that the funds were disbursed to indigenous investors, who genuinely wanted to acquire ships for increased local participation in the maritime industry.
He urged government to monitor the funds after its release to ensure it was not diverted to other uses by eventual beneficiaries.
Business
PETAN, Others Unveil ALCO, Get NCDMB’s Support … Mull Synergy With APPO, AU

Business
AON Lifts Ban On Freed Ibom Air Passenger

Business
Ex-NIMASA DG Harps On Blue Economy Importance

-
Business4 days ago
Investment Flow To Nigeria Drops By 70%
-
Business4 days ago
AfDB Secures N3.4trn For Agro-industrial Processing In Nigeria
-
Featured4 days ago
Nigeria Accounts For 70% Of 11m Illegal Arms In W/Africa
-
Business4 days ago
CBN Plans Legal Action Against FX Contract Violators
-
News1 day ago
Nigeria’s Debt To W’Bank IDA Hits $19.2bn -Report
-
Politics4 days ago
APC Doesn’t Have Money, Relies On Elected Members For Funds – NWC Member
-
Politics4 days ago
Rivers LG Polls: IPAC Asks Political Parties Not To Participate
-
News4 days ago
NCos Frees 28,149 Inmates After Payment Of Fines, Compensation In 2024