The need to boost the local maritime sector, especially in the area of Fleet expansion, has been emphasised as it cones with many benefits.
Director General of the
Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereol, made this remark today whilile reaffirming its commitment to advancing fleet expansion and maritime development in the country.
Dr. Dayo Mobereola, stated this at the Maritime Finance Conference organised by the Association of Maritime Journalists of Nigeria (AMJON) in collaboration with the NLNG Shipping and Marine Service Limited held in Lagos.
The theme of the conference is, “Vessel Acquisition/Construction: Nigerian Banks, Insurance Firms, Government and The Blue Economy.”
Mobereola, who was represented by NIMASA’s 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 sea cadets are now gaining experience across the globe, thanks to these partnerships,”
He noted the agency’s efforts to equip over a thousand cadets with the necessary skills to manage various vessels.
Mobereola emphasised that NIMASA is poised to take advantage of this development, ensuring that funds from the Cabotage Vessel Financing Fund (CVFF) are channeled effectively to support the acquisition and construction of vessels by Nigerian entities.
He 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,” he 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.
The event, which was held at Sheraton hotel, Ikeja, Lagos, was graced by important dignitaries in the shipping industry.
