We are committed to fleet expansion, maritime development — NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to advancing fleet expansion and maritime development in the country.

The Director General of NIMASA, Dr Dayo Mobereola stated this at the Maritime Finance Conference organised by the Association of Maritime Journalists of Nigeria in collaboration with the NLNG Shipping and Marine Service Limited (NSML) held in Lagos.

Speaking on the theme of the conference “Vessel Acquisition/Construction: Nigerian Banks, Insurance Firms, Government and the Blue Economy,” Mobereola, who was represented by the Director of Administration and Human Resources, Mr Isichei Osamgbi, highlighted the critical role of shipping as an economic driver and emphasised the need for a renewed focus on vessel acquisition and construction.

“Shipping is one of the greatest energizers of the economy globally. If any digital company has laid the foundation for growth and development in Nigeria, shipping should be at the forefront,” he said.

He praised the partnership between NIMASA and various international stakeholders, including the UK and global LNG firms, which has provided Nigerian cadets with invaluable sea-time experience.

“Many of our Cadets are now gaining experience across the globe thanks to these partnerships,” Osamgbi noted, highlighting the agency’s efforts to “equip over a thousand cadets with the necessary skills to manage various vessels.”

He emphasised that NIMASA is poised to take advantage of this development, ensuring that funds from the Cabotage Vessel Financing Fund (CVFF) are channelled effectively to support the acquisition and construction of vessels by Nigerian entities.

The NIMASA boss also touched on the strategic importance of fleet ownership, which is expected to enhance Nigeria’s economic standing and retain more wealth within the country.

“When Nigerians can acquire vessels and own fleets, it will lead to increased job opportunities, and the economy will flourish,” Osamgbi stated.

He also pointed out that the enforcement of laws regarding the Nigerian fleet and cargo allocation will play a crucial role in achieving these goals,”.

Mobereola called on the media to play a proactive role in shaping the narratives around Nigeria’s maritime industry, much like it did during the country’s democratic transition.

He assured of NIMASA’s dedication to its mission, emphasising that the agency is committed to fleet expansion and other initiatives aimed at improving safety and security in Nigeria’s maritime domain.

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