Maritime
NIMASA appoints Union, Zenith, Polaris, UBA, Jaiz Banks as Primary lending institutions for Vessel acquisition
Nigeria Maritime Administration and Safety NIMASA has said that the sum of ₦16 billion and $350million are available for disbursement under the Cabotage Vessel Financing Fund. Director General of the agency said this while speaking to newsmen in Lagos. According to the Agency Assistant Director Communication Mr. Edward Osagie in a statement said that President Muhammadu Buhari, GCFR, has approved the immediate disbursement of the Cabotage Vessel Financing Fund, CVFF, to qualified Nigerians as part of the Federal Government’s commitment to grow indigenous capacity of Nigerians to own vessels. He said that the Honorable Minister of Transportation, Engineer Mu’azu Jaji Sambo who made the announcement at a press conference this weekend said that the Presidential approval received by the Ministry on Friday confirmed Union, Zenith, Polaris, UBA and Jaiz Banks as the appointed Primary Lending Institutions for the disbursement of the funds.

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh, OFR, said that the funds available for disbursement was slightly over ₦16 billion and $350 million. In his words “What we have collected so far is in two folds made up of Naira and Dollar components. So far, the Funds available under the CVFF in Naira component is around Sixteen Billion (₦16,000,000,000:00), while contributions in Dollar component hovers around the Three Hundred and Fifty Million Dollar mark ($350,000,000:00). On his part, the Honorable Minister noted that the Ministry of Transportation has commenced liaison with the Minister of Finance and the Governor of the Central Bank of Nigeria, for the implementation. His words “The president of the Federal Republic of Nigeria, Muhammadu Buhari has approved my request for the disbursement of the Cabotage Vessel Financing Fund. It is my belief that finally we are going to break the 17-year-old jinx that has hindered the expansion of the maritime industry. We have made a case that the funds belong to you, the ship owners. Mr. President is a man who respects the law and is on the same page with us to proceed with immediate effect. We will be liaising with the Minister of Finance, Budget and National Planning and the Governor of the Central Bank of Nigeria (CBN) to work immediately for the approval.
We have pledged to the president that they will continue to allow the funds to go into the Treasury Single Account, TSA; however, whenever the money hits the threshold of $50million, the CBN upon recommendation from the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Federal Ministry of Transportation, would be expected to transfer the funds to the Primary Lending Institutions.” The CVFF was established alongside the Nigerian Coastal and Inland Shipping (Cabotage) Act of 2003, to empower indigenous ship owners to take control of the nation’s coastal and inland shipping business, otherwise known as Cabotage trade. Applicants of the Fund would make an equity contribution of 15 per cent while NIMASA would make an equity contribution of 35 per cent; and 50 per cent would be provided by the banks.
Maritime
Maritime labour e-platform to boost competitiveness—NIMASA
The Nigerian Maritime Administration and Safety Agency (NIMASA) has expressed confidence that the Maritime Labour E-Platform would boost the sector’s competitiveness as it hosted a workshop to sensitize users of the portal through practical demonstrations and interactive sessions. Held in Lagos, the workshop practicalized the process of registering, verifying and issuing identity cards to seafarers and dockworkers via the NIMASA portal (@nimasa.gov.ng). Practical support measures, including training, cybersecurity and planning a phased rollout to ensure smooth adoption, were also discussed.
Speaking at the event, the NIMASA Executive Director, Maritime Labour and Cabotage Services, Mr. Jibril Abba stressed the importance of the digital platform to achieving global competitiveness, stating that “our digital transformation is underway. This year we launched the Maritime Labour E-Platform, building on our 2022 dockworkers registration success.
It is a modern, integrated system for registering and verifying seafarers, dockworkers, employers, and other stakeholders.” Represented by the Director, Maritime Labour Services Department, Mr. Ibrahim Umar Sidi, the Executive Director further noted that “by centralizing registration and issuing secure biometric ID cards, it cuts paperwork, speeds up processing, and gives us reliable real-time data. This helps us meet our obligations under the Maritime Labour Convention and boosts Nigeria’s competitiveness in the global Blue Economy.”
He also emphasized that the actualization of the digital platform was in line with the Agency’s statutory obligations, stating that, “This initiative directly fulfils our mandate under Section 27(1)(a) of the NIMASA Act 2007, which charges us with the duty to document and maintain a register of every maritime worker and operator. It also aligns with our obligations under the Maritime Labour Convention (MLC) 2006, often called the “Seafarers’ Bill of Rights for promoting fair working conditions, health protections, and social security.
In its efforts to build a smarter, more transparent, and efficient maritime sector, the Federal Government launched the Maritime Labour E-Platform, during an event in June marking the 2025 Day of the Seafarer in Port Harcourt, Rivers State. The platform, which is a digital solution designed to revolutionize the governance of maritime labour in Nigeria, was described by the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola at the time as “a transformative tool for labour administration”.
Maritime
NIMASA advocates effective port state control for safer shipping
Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola has noted that effective Port State Control (PSC) is one of the most potent tools of ensuring global safety and maintenance of environmental standards in shipping.
Dr. Mobereola who said this at a 5-day Regional Train the Trainer Workshop on Port State Control (PSC) for Member States of the Abuja Memorandum of Understanding (MoU), with the support of the International Maritime Organization (IMO), further emphasized that the quality of the professionals who implement PSC determines its overall success. Represented by the Executive Director, Operations, Engr. Fatai Taiye Adeyemi, the DG described the workshop as a reflection of Africa’s shared commitment to safer, cleaner, and more efficient shipping.
“Your presence here demonstrates our collective resolve to strengthen efficient maritime governance, improve safety standards, and enhance environmental protection across West and Central Africa,” he said. The DG commended the IMO, the Abuja MoU Secretariat, and all technical partners for their continued support towards capacity-building, regional cooperation, and the promotion of maritime safety in Africa.
Delivering a goodwill message, the representative of the IMO, Captain Ahmed Sewelam, reaffirmed the Organization’s unwavering commitment to supporting Member States through its technical cooperation programme to strengthen effective and harmonized Port State Control regimes globally. “Effective regional cooperation and harmonized PSC practices are essential to eliminate substandard shipping and promote consistency across the region,” Captain Sewelam said. He said that the workshop provides a unique platform for delegates to strengthen their collective capacity as Port States, while discussing key elements such as inspection procedures, reporting, and strategies for improved performance noting that “together, we can strengthen Port State Control implementation and advance maritime safety and sustainability in the region”.
On his part, the Secretary General of the Abuja MoU, Captain Sunday Umoren, reiterated that capacity building remains a top priority of the Abuja MoU. He noted that effective Flag State control directly influences the quality of Port State Control operations, emphasizing the importance of strong national systems. “We must continue to build capacity, strengthen cooperation, and share experiences to ensure that our region maintains high standards of maritime safety and compliance,” he said.
The Train-the-Trainer Workshop on Port State Control under the Abuja MoU represents another milestone in NIMASA’s ongoing efforts to strengthen maritime safety, promote environmental protection, and consolidate Nigeria’s leadership role in advancing regional maritime development. The workshop, which is being held in Lagos, has brought together delegates from 22 countries across West and Central Africa to deepen capacity, harmonize standards, and strengthen maritime safety oversight across the region.
Maritime
20 ships with food items, petroleum products expected in Lagos—NPA
The Nigerian Ports Authority (NPA) announced on Monday that about 20 ships laden with food items, petroleum products, and other goods are expected to arrive at Apapa and Tin-Can Island ports in Lagos. In its shipping position for Monday, the authority disclosed that the ships will arrive in Lagos from November 10 to 12.
According to the NPA, out of the 20 expected ships, four contain crude oil, four contain petrol, three others are to arrive with aviation fuel, while the remaining nine ships are to arrive with diesel, gas oil, and different products.
The NPA also hinted that three ships had arrived at the ports and were waiting to berth with general cargo and bulk urea. Meanwhile, it says that 11 ships are currently at the ports discharging general cargoes, bulk wheat, bulk sugar, containers, and bulk gas. NAN
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