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NIMASA Remits N16bn Revenue In Ten Months

NIMASA Remits N16bn Revenue In Ten Months   The Nigerian Maritime Administration and Safety Agency has remitted a total sum of N16bn to the Consolidated Revenue Fund, exceeding the budgeted sum by N4bn. The Director-General, NIMASA, Peterside Dakuku, who made this known in Abuja on Tuesday, said...

NSC Moves To Bring NIMASA, NPA Under Economic Regulation

NSC Moves To Bring NIMASA, NPA Under Economic Regulation   The Nigerian Shippers Council (NSC) is currently moving strongly to ensure that government agencies under the Ministry of Transportation are put under economic regulation so that they do not introduce charges without first seeking negotiation with...

NIMASA Gets Ship Registry Review Report

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...

AfCFTA: Maritime Stakeholders Worry Over Vessel Import Tax, Competition

AfCFTA: Maritime Stakeholders Worry Over Vessel Import Tax, Competition Many stakeholders in the Nigerian maritime industry are worried about the import tax imposed on new vessels. They say this may put them at a competitive disadvantage among other African countries in a free market. A former...

NIMASA To Commence Disbursement Of $124m Cabotage Fund

NIMASA To Commence Disbursement Of $124m Cabotage Fund Indigenous ship owners in Nigeria will soon have access to the much-awaited $124 million Cabotage Vessel Financing Fund (CVFF) domiciled at the Central Bank of Nigeria (CBN). The CVFF was established by the Cabotage and Inland Shipping Act...

NIMASA Tops West, Central Africa Chart In Port And Flag State Control

NIMASA Tops West, Central Africa Chart In Port And Flag State Control   The Nigerian Maritime Administration and Safety Agency (NIMASA) has topped the chart on Port and Flag State Control in the West and Central Africa Sub-Region, latest report by the Abuja Memorandum of Understanding...