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Nigeria ripe for blue economy – Jamoh

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The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, on Tuesday said that the country was ripe for blue economy.

Jamoh said this at the University of Lagos Institute of Maritime Studies maiden Annual Lecture held in Lagos.

The lecture has the theme: ”From Crude to Blue – Nigeria’s Blue Economy: The Imperative of Maritime Domain Awareness and Good Governance”.

According to Jamoh, Nigeria is already into blue economy and what needed to be done is to see to its sustainability.

“The Cabotage Vessel Financing Fund (CVFF), using ferries, ship repairs and building are all blue economy, and there are many others. We are into it but what is left now, is how to structure it.

“The amount of value that the blue economy provide is over 2.5 trillion dollars. So what portion, how much does Nigeria intend to strike from this amount? This depends on our own seriousness,” he said.

Jamoh pointed out that Nigeria needed to tap into the 350 million jobs that abound in the blue economy.

“On the issue of increasing jobs, we are about to commence the disbursement of the Cabotage Vessel Financing Fund. The total exposure of the CVFF is within the region of 350 million dollars and this amount is 50 per cent of NIMASA control.

“By the guidelines, the primary lending institutions will provide 35 per cent and shipowners will have to provide 15 per cent, making 50 per cent in total.

“If we have 350 million as 50 per cent contribution to NIMASA, then we are accepting another 350 million from the primary lending institutions and that means 700 million dollars.

“With 750 million dollars, we are set to give maximum of 25 million dollars each to shipowners to purchase ship which will directly or indirectly provide jobs,” he said.

Jamoh added that presently, the Nigerian National Petroleum Corporation (NNPC) had expressed interest in taking part in the funding of ships that would be acquired by Nigerian shipowners using the soon-to-be disbursed CVFF.

He said that to achieve this, the NNPC offered to provide nine per cent funding that would enable shipowners to access the CVFF and buy new ships.

“The NNPC agreed to offer them nine per cent, so that the shipowners will only have to source for only six per cent.

“NNPC said it needs ships to lift Nigerian crude and that it will give Nigerian shipowners the specifications of ships to buy. It will also give them nine per cent out of the 15 per cent of the funding that was supposed to be provided by the shipowner.

“They said they will take over the ship and provide the cargo until it recovers the amount invested in the acquisition of the ships,” Jamoh said.

He listed some of the assets the country had that would ensure the utilisation of the blue economy to include 853 km coastal line, 8573 kn inland waterways, six port complexes and 21 oil terminals.

It also include more than 10 jetties, 200 nautical miles of exclusive zones, 200 million population; all consumers, and others.

He noted that the greatest threat to Nigeria blue economy was sea blindness, adding that there was need for more engagements and education on what the blue economy was all about.

“So, many people do not know what constitute the blue economy and ways to harness it, but that can only be done through this kind of forum.

“Areas that should be invested in and that will help the economy are: marine transportation, fisheries, aquaculture, renewal energy, tourism, climate change, waste management, port development and logistics, shipping and others,” he said.

Mrs Dere Awosika, the chairman of the occasion, noted that the blue economy hold many lucrative opportunities for Nigerian, adding that the financial institutions had to do a lot of work to ensure that the right finance was made available to develop the industry.

Represented by Ms Iyabode Soji-Okusany, Head Of Corporate Banking, Access Bank, said that Nigeria could not continue to depend on crude as it truly needed to turn blue, while everyone should work collectively to do the right thing.

Prof. Folasade Ogunsola, Vice Chancellor, University of Lagos, noted that the idea of having an annual lecture at the Institute of Maritime Studies was in accordance with the tradition and customs of knowledge-based institutions was muted in 2021.

“It was thought that such an occasion should be one that will bring all the captains of the Maritime industry together under one roof on a topic of major national interest.

“The institute was established in 2013 by the University of Lagos in conjunction with NIMASA to address the chronic shortage of personnel in the Nigerian maritime space,” she said.

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U.S. army sets deadline for troop withdrawal from Niger

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The United States has initiated the withdrawal of its military forces from Niger Republic, following directives from the West African nation’s military leadership.

The withdrawal process, slated to be completed by September 15, 2024, marks the end of an era of American military presence in the country.

According to a press release jointly issued by the National Council for the Safeguarding of the Homeland and the US Department of Defense on Sunday, discussions between the two parties, held from May 15 to 19, 2024, in Niamey, Niger, aimed to ensure the orderly and safe withdrawal of US forces from the region.

Led by high-ranking officials such as Assistant Secretary of Defense for Special Operations and Low-Intensity Conflict, Christopher Maier, and the Chief of Staff of the Nigerien Army, Colonel-Major Mamane Kiaou, the discussions emphasised transparency and mutual respect.

The withdrawal encompasses troops stationed at key bases, notably the strategically significant $110 million drone base in Agadez.

“Representatives of the U.S. Department of Defense and the Department of National Defense of the Republic of Niger met from May 15 to 19, 2024, in Niamey, Republic of Niger, as part of a Joint Disengagement Commission, to coordinate the orderly and safe withdrawal of U.S. forces from Niger.

“These discussions between the militaries were conducted in complete transparency and with perfect mutual respect between the two parties.

“The U.S. Department of Defense delegation was led by the Assistant Secretary of Defense for Special Operations and Low-Intensity Conflict, Mr. Christopher Maier; and the Director of Joint Force Development in the Joint Chiefs of Staff, Lieutenant General Dagvin Anderson. The delegation of the Ministry of National Defense of Niger was led by the Chief of Staff of the Army, Colonel-Major Mamane Sani Kiaou,” the statement read in part.

Despite the military disengagement, both nations affirmed their commitment to ongoing diplomatic dialogue and cooperation in areas of mutual interest, including counterterrorism efforts.

“The U.S. Department of Defense and the Ministry of National Defense of Niger have reached a disengagement agreement to effect the withdrawal of U.S. forces, which has already begun. It is therefore agreed that this disengagement will end no later than September 15, 2024.

“Both delegations confirmed the guarantees of protection and security to the American forces during their withdrawal. The delegations also established procedures to facilitate the entry and exit of U.S. personnel, including overflight and landing clearances for military flights.

“The U.S. Department of Defense and the Nigerien Ministry of National Defense recall the joint sacrifices of Nigerien and U.S. forces in the fight against terrorism and commend each other’s efforts to build up the Nigerien Armed Forces. The Parties undertake to continue cooperation in areas of common interest.

“The withdrawal of U.S. forces from Niger does not affect the continuation of U.S.-Niger development relations. The United States and Niger are committed to ongoing diplomatic dialogue to define the future of their bilateral relations,” it added.

The US initially established a military base in Niger to combat armed groups aligned with al-Qaeda and ISIL operating in the Sahel region, which includes Burkina Faso and Mali. The primary airbase in Agadez, located about 920km from the capital Niamey, has been a crucial site for both manned and unmanned surveillance flights and other military operations.

On April 19, 2024, the US announced plans to withdraw its troops from Niger due to the West African nation’s growing alignment with Russia and its distancing from Western powers. Consequently, the US Department of State agreed to pull out approximately 1,000 troops from the country, which has been under military rule since July 2023.

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Reps seek more financial investment for federal teaching hospitals

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The House of Representatives Committee Chairman on Health Institutions, Amos Magaji, has called for a sustained financial investment in the federal teaching hospitals across the country.

He said this will be in line with the Renewed Hope agenda of the President Bola Tinubu-led administration for the betterment of the citizenry.

Magaji disclosed this during an oversight visit of members of his committee to the Federal University of Health Sciences Teaching Hospital, Otukpo.

He stressed the need to allocate more funds in health sector, considering the primary responsibility of health institutions in the country.

Magaji appreciated the Chief Medical Director, CMD, and his management staff for showing interest in the growth of the teaching hospital, considering the tremendous achievements recorded within a period of one year.

He assured that he would work with his members to ensure that more funds are made available to develop the needed infrastructure including the medical equipment to meet up with the expectations of the people.

“We are glad to be in Otukpo today to see things for ourselves. We don’t want to depend on second hand information on the true condition of the Federal University Teaching Hospital Otukpo,” he said.

He assured the management of full support of the Federal House of Representatives as appropriate incentives would be given through interface with other critical stakeholders in Abuja.

The committee chairman enjoined the staff, whom he described as foundation staff to work as team despite the working condition, “we have seen how the environment is looking and we will continue to monitor the progress.

“So, as foundation staff, you all have the opportunity to write your name in gold.”

While welcoming the committee, the CMD, Prof Silas Ochejele, appreciated the federal government for the establishment of the teaching hospital in Otukpo which has drastically changed the medical services narratives in the state.

Ochejele thanked the House of Representatives Committee on Health Institutions for the pains to come down to Otukpo and believed that the visit has made them to see things themselves, which would go a long way in repositioning the hospital for the betterment of the people.

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JUST IN: Helicopter carrying Iran’s President crashes

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A helicopter carrying Iranian President, Ebrahim Raisi, has been involved in an incident while he was visiting neighbouring Azerbaijan, Iran’s semi-official Tasnim news agency reported on X on Sunday according to CNN.

“Some of the president’s companions on this helicopter were able to communicate with Central Headquarters, raising hopes that the incident could have ended without casualties,” it added.

It is unclear what the exact status is of Raisi’s helicopter, CNN reports.

The helicopter was part of a convoy of three helicopters. Two of those helicopters were carrying ministers and officials who arrived at their destination safely, according to Tasnim.

“Seyyed Mohammad-Ali Al-Hashem, Tabriz’s Friday Prayer Imam, and Foreign Minister Hossein Amirabdollahian were also reportedly on the helicopter with the president,” Tasnim said on X. BREAKING: Helicopter carrying Iran’s President involved in an accident

A helicopter carrying Iranian President, Ebrahim Raisi, has been involved in an incident while he was visiting neighbouring Azerbaijan, Iran’s semi-official Tasnim news agency reported on X on Sunday according to CNN.

“Some of the president’s companions on this helicopter were able to communicate with Central Headquarters, raising hopes that the incident could have ended without casualties,” it added.

It is unclear what the exact status is of Raisi’s helicopter, CNN reports.

The helicopter was part of a convoy of three helicopters. Two of those helicopters were carrying ministers and officials who arrived at their destination safely, according to Tasnim.

“Seyyed Mohammad-Ali Al-Hashem, Tabriz’s Friday Prayer Imam, and Foreign Minister Hossein Amirabdollahian were also reportedly on the helicopter with the president,” Tasnim said on X.

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