FG Loses $1bn Annually In Maritime Sector     A former Director General (DG) of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has said the Federal Government loses up to $1 billion annually in the maritime sector due to policy summersaults and expatriate players’...

Govt Targets N300bn Revenue From Maritime Sector   The Federal Government has declared its intention of enabling the maritime sector to contribute over N300 billion to the national coffers, through restoration of safety and security on the waters. The Minister of Transportation, Rotimi Amaechi, who disclosed this...

NIMASA Generates 7,000 Jobs In Maritime Sector The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Agency had already keyed into the vision of President Muhammadu Buhari by creating over 7,000 jobs in the last six...

FG Woos Investors With Tax Incentives For Maritime Sector   The federal government has assured the international oil and gas community that the Nigerian maritime sector is safe for investment, disclosing that special tax regime was under consideration to grow capacity for the industry. Addressing journalists at...

Senate Pledges To Speed Up Maritime Bills' Passage The Senate Committee on Marine Transport has assured of its willingness to partner with stakeholders through proper legislation that will guarantee full harness of opportunities that abound in the maritime sector for the nation’s prosperity. Chairman of the...

Insecurity Threatens $14bn Maritime Sector Earnings – FG The Federal Government has declared that the annual earnings of $6bn in freight cost and $8bn in oil and gas and other maritime activities have come under threat from pirate attacks, oil theft and other illegal activities...