Maritime will advance our global economic interest – NIMASA DG

NIMASA dakuku peterside
NIMASA Director-General, Dakuku Peterside.

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that if Nigeria must advance its global economic interest then the country must ensure that it gets the regulation of the maritime sector right.

The DG who made this statement in an interview with journalists said that 90% of global commerce is conducted via sea borne trade and Nigeria is strategically placed between the West and Central Africa which puts it at a global advantage.

He said, “If we must advance our global economic interest, then we must ensure that we get the maritime industry right, precisely the regulation of the industry.”

Peterside noted that in recognition of the fact that there is need to make Nigeria a global maritime voice, NIMASA has come up with various interventionist programmes that would speedily impact positively on the sector alongside the restructuring, reforming and repositioning of the agency.

In the light of this, he said NIMASA is concluding the process of acquiring a modular floating dry dock that would allow Cabotage vessels and other vessels calling at Nigerian ports to be able to maintain their boats in-country and save the much needed foreign exchange, in addition to creating employment opportunities for Nigerians.

The NIMASA helmsman also observed that about 400 vessels participate in the Cabotage trade and at least 5,000 vessels call at the nation’s ports, yet most of them routinely take their vessels outside the country for regular dry docking and maintenance, thereby making the country lose a lot of foreign exchange.

“As an interventionist measure, we decided that NIMASA can acquire a floating dockyard, set it up in the country, so that instead of people going outside to dry-dock their boats on regular basis they can maintain their boats here, dry-dock their boats and off course we will save the much needed foreign exchange,” he said.

He said the ship repair yard is expected to employ a minimum of 100 persons with different kind of skills and save time used for dry-docking outside the country.

Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to as the source.