Nigeria, Others Lose $2.3bn To Maritime Crime In Two Years   The littoral states in the Gulf of Guinea Region, that is West Africa and its trading partners lost about $2.3billion to Maritime Crimes between 2016 and 2018, the Director General of the Nigerian Institute of...

Fed Govt To Support Local Vessels For Global Trade   Nigerian flagged vessels are set to engage in global trade. The Director-General of the Nigerian Maritime Administration and Safety Agency, Dr Dakuku Peterside, who disclosed this, said the agency’s efforts at building capacity and making sure Nigerians...

NIMASA Remits N16bn To Consolidated Account   Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has disclosed that the agency remitted about N16 billion into the federal government consolidated account in 2019. He said the agency was able to generate the amount...

FG Loses Over $7bn Annually To Piracy   The Federal Government loses over $7 billion on freight cost yearly to criminal activities on the nation’s territorial waters, the former President, Association of Nigerian Licensed Customs Agents (ANLCA), Prince Olayiwola Shittu, has said. He called on the government...

NIMASA Gets Ship Registry Review Report Director-General of the Nigerian Maritime Administration and Safety Agency, Dr Dakuku Peterside, has received the report of the committee on the review of the Nigerian Ship Registry, with a declaration that the agency’s target is to have a world-class...

Coastal Trade: Nigerian Operators Fall Behind Amid Challenges The implementation of the Coastal and Inland Shipping (Cabotage) Act is being hampered by the myriad of challenges facing local operators in the shipping sector. Cabotage, otherwise known as coastal trade, involves carriage of goods (and passengers) within...