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Nigeria, Ghana, Others Set For Maritime Pact

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8 years ago

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The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stressed that regional collaboration is key to developing Africa’s maritime sector, stating the Agency’s commitment to continue to reposition the Nigerian maritime sector in order to make it viable and compete favourably with its counterparts in other climes as Nigeria, S/Africa, Ghana and Kenya get set for collaboration.
The DG who made this known in Lagos recently, while receiving a delegation from the Gambian Maritime Administration, led by the Director-General, Mr. Mustapher Maroung said that NIMASA would continue to drive regional collaborations in order for Africa to reap the benefits of the blue economy.
Dr. Dakuku who is also the Chairman of African Maritime Administrations (AAMA) also informed that the upcoming fourth conference of the Association with the theme, “Protecting the African Marine Environment to Support Sustainable Development”, scheduled to hold from 16th -19th of September 2018  in Sharmel Sheikh, Egypt would provide an avenue for African Maritime leaders to chart a way forward for the continent which can be tagged the biggest Island of all the continents.
“We cannot walk this journey alone; partnership is crucial to achieving a robust economy. The beauty of partnership is that everyone brings their expertise to the table where ideas are shared and considered as a way forward to achieving a particular goal; it is not only here in Nigeria, it has become a global trend and this is what AAMA seeks to achieve for the continent,” Dr. Dakuku stated.
Speaking further, Dr. Dakuku noted that the Agency is in discussions with the Maritime Administrations of South Africa, Ghana and Kenya to acquire and jointly operate a training vessel for Cadets. He also noted that discussions are still at the early stages but he is hopeful that such partnership agreement  will be beneficial to the countries, adding that the AAMA conference would be an avenue to continue discussions in the proposed agreement.
He stated further that the partnership with the United Arab Emirate on free training of 100 cadets would support the country, noting that the pact provides for the training of 10 cadets per annum spread over 10 years, making it a total number of 100 cadets to be trained in 10 years, contrary to the negative news making the rounds.
The NIMASA DG also used the opportunity to shed more light on the issue of the disbursement of the Cabotage Vessel Financing Fund (CVFF), assuring that in the shortest period of time, the guidelines for the disbursement of the fund will be publicised for qualified shipowners to be duly considered. He however maintained that the power to grant approval for the release of the funds was vested in the Federal Ministry of Transportation.
Earlier in his remarks, the DG of the Gambia Maritime Administration, Mr Mustapher Maroung commended the activities of NIMASA. He said that the Gambian Maritime has come to learn from the Agency and are willing to collaborate with Nigeria for the growth of Africa’s blue economy.
It may be recalled that the NIMASA DG at a Press Conference held in Lagos recently addressed topical issues on the activities of the Agency intended to ensure the growth of the maritime sector, where he assured the public that NIMASA will remain focused on its mandate of ensuring a robust economy.

 

Nkpemenyie Mcdominic, Lagos

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Boat Mishap Kills Pastor, Wife And Church Members  In Brass Water

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5 days ago

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May 18, 2026

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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
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Rivers Workers Seek Scrapping Of Contributory Pension Scheme

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5 days ago

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May 18, 2026

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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
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FG Begins South-West Tour To Promote New Cooperative Bank

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1 week ago

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May 13, 2026

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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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