22 results
- 26 Jul 2010
Cabotage Law: Which Way Forward
It is lamentable that in the almost seven years of the cabotage law in Nigeria, the nation and indigenous ship owners are still deprived of the needed revenue from haulage of petroleum products which…
- 24 Jul 2012
Nigeria Losses $5B to Cabotage Act Flaws - Afolabi
The non-implementation of the Nigerian “Cabotage” law is negatively impacting on the nation’s economy as over 90 per cent of earnings in the maritime industry are cornered by foreign firms, Nigeria…
- 24 Jul 2012
Nigeria Losses $5B to Cabotage Act Flaws - Afolabi
The non-implementation of the Nigerian “Cabotage” law is negatively impacting on the nation’s economy as over 90 per cent of earnings in the maritime industry are cornered by foreign firms, Nigeria…
- 24 Jan 2020
Ship Owners to Benefit from $200m Cabotage Fund- Amaechi
Chibuike Rotimi Amaechi, minister of Transportation, has announced that Ship owners will now benefit directly from the $200 million Cabotage Vessel Financing Fund (CVFF). Dr. Dakuku Adol Peterside,…
- 19 Mar 2012
Skye Bank Moves to Ensure Cabotage Act Realization
Skye Bank has reiterated its commitment to unfurl profitable dais in the nation’s maritime sector, pivotal to bursting the implementation of the Cabotage Act 2003. Nigeria CommunicationsWeek gathered…
- 24 Jan 2013
Group Seeks Immediate Disbursement of Cabotage Fund
Ports Consultative Council (PCC) has charged Nigerian Maritime Administration and Safety Agency (NIMASA), nation’s maritime apex body, on speedy processing of disbursing the Cabotage Vessel Financing…
- 26 Oct 2009
NIMASA Outlines Measures for Cabotage in Oil & Gas Sector
Nigerian Maritime Administration and Safety Agency (NIMASA), has come out with a raft of new measures to boost the country's shipping tonnage. The measures will also address concerns that majority of…
- 31 May 2010
Nimasa, Isan Sign MoU on Cabotage Enforcement
Nigerian Maritime Administration and Safety Agency (Nimasa) and Indigenous Ship-owners Association of Nigeria (Isan), have signed a memorandum of understanding to work together to check the…
- 19 Jul 2010
Nimasa Records 685 % Increase in Cabotage Fund
Nigerian Maritime Administration and Safety Agency (Nimasa) management led by Temisan Omatseye as director general and chief executive officer, last week celebrated its one year in office with a…
- 26 Jul 2010
Ship Owners Besiege Fidelity, ETB, Skye Banks for CVFF
Indigenous ship owners have besieged Fidelity, Skye, Diamond and Equitorial Trust Banks for parts of the $55 million Cabotage Vessel Financing Fund (CVFF) in effort to shore up their capacity,…
- 2 Jan 2024
2024 Nigeria’s Blue Economy Outlook & Potentials
By Moses Braimah The 2024 budget for the Federal Ministry of Marine and Blue Economy focuses on key areas such as ports infrastructural development, modernization of Apapa and Tin Can ports,…
- 10 Sept 2013
Indigenous Ship Companies Indebted to Banks
Over 80% ship owners in Nigeria have closed shop, while selling their assets to service bank loans, according to report by Ships & Ports Daily. It was revealed that the indigenous shipping…
- 5 Aug 2014
NIMASA Welcomes Plateau State on NSDP Sponsorship
Nigerian Maritime Administration and Safety Agency (NIMASA) has announced that the government of Plateau state is the latest to join the list of state governments partnering the agency on its…
- 13 Sept 2024
NIMASA, BOI Partner to Grow Capacity In Maritime Sector
Nigerian Maritime Administration and Safety Agency (NIMASA) and the Bank of Industry (BOI) have initiated discussions on strategies for capacity building in the maritime industry. Dr. Dayo Mobereola,…
- 28 Sept 2014
Chikwe Seeks Early Women Involvement in National Development
In relation to the capacity building and development of women in their various endeavours, Kings Communication Limited, the organisers of the MMS Woman of Fortune Hall of Fame has been advised to…
- 20 Nov 2016
CBN Proposes N100Bn Tax on Mobile Phone Users
Mobile phone users will be in for hard times if proposal by the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele to the federal government to introduce mobile phone call tax becomes a reality.…
- 18 Aug 2019
NIMASA Opens Command Centre for Deep Blue Project
The Command, Control, Computer Communication and information otherwise known as the C4i Centre of the Deep Blue Project has commenced operations on a 24 hour basis at the Nigerian Maritime…
- 2 Apr 2013
NIMASA Ready to Execute Offshore Reception Facilities
Nigerian Maritime Administration and Safety Agency (NIMASA) says it’s ready to execute offshore waste reception facilities later this month. Following the declaration made during a meeting between…
- 24 Nov 2023
NIMASA, Others Sign 4 yrs Performance Bond
In what could be described as a joint commitment to turn around the socioeconomic fortune of the country, the newly-created Federal Ministry of Marine and Blue Economy, has signed a performance bond…
- 1 Sept 2013
ISPS: US Coast Guard Backs NIMASA on Ports Security
The United States Coast Guard has declared that the Nigerian Maritime Administration and Safety Agency (NIMASA) is on the right path to the successful implementation of the International Ships and…
- 4 Jan 2024
Tinubu Appoints Six New Executive Directors for NPA, NIMASA
President Bola Tinubu, on Thursday, appointed six new Executive Directors in two agencies under the Federal Ministry of Marine and Blue Economy. According to a statement by presidential spokesman,…
- 2 May 2014
President Jonathan Commissions Maritime University, Dockyard
President Goodluck Jonathan will on Saturday, May 10 flag-off Nigeria’s first specialised university for the maritime sector as part of his tour of the facilities of the Nigerian Maritime…