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The futility of waiting on Mobereola, NIMASA DG, for CVFF disbursement 

Funso Olojo 
Thursday, May 9th, 2024, the new Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), for the first time since his assumption of duties, met with the expectant stakeholders in the maritime industry.
The meeting, held at the prestigious Eko Hotels, attracted core maritime players such as shipping companies, terminal operators, maritime labour, Seafarers, ship owners, Navy and other service providers in the industry.
Three former NIMASA DGs, Dr Ade Dosunmu,  Ferndinad Agu and Barrister Temisan Omatseye,
were also there to offer their advice and lend their support in solidarity with the new helmsman.
The stakeholders came to the meeting with their plates packed full of a menu of expectations and demands.
Mobereola, who was barely two months in the saddle, sat patiently, with broad smiles, as each category of stakeholders came with their bag full of demands.
At a point during about three hours of engagement, Mobereola lost his trade mark smile when the load of expectations from the expectant stakeholders began to weigh in on him.
Maritime security, infrastructural development, ratification of IMO treaties and conventions, empowerment and training of Seafarers, professionalisation and automation of NIMASA services, upgrade of ship registry.
The list is endless.
Mobereola was taking all these demands and expectations in his stride until the issue of disbursement of Cabotage Vessels Financing Funds (CVFF) came up.
At this point, he lost his smile and assumed a more serious expression as he listened with bewilderment to the tale of a long wait, disappointment and frustration of ship owners over the CVFF disbursement.
Then, Barrister Temisan Omatseye, the former NIMASA DG, dropped the clincher when he turned to Mobereola and told him point blank that he would not be able to disburse the controversial CVFF, giving reasons for his pessimism.
“Let me be frank with you sir, you will not be able to disburse the CVFF” Barrister Temisan Omatseye said with a deadpan expression, which further made Mobereola lose his composure.
Little wonder, the NIMASA DG tactically avoided speaking or making any commitment to the disbursement of the CVFF while responding to the array of demands and expectations of the stakeholders.
 He promised to revamp and automate the ship registry, he pledged to run an inclusive administration and be gender sensitive.
As a matter of fact, he promised to defer to the advice and suggestions of the former NIMASA DGs and consider the inputs of stakeholders in forming his policies and programmes as NIMASA DG.
He, however, avoided the issue of CVFF disbursement like a plague as he didn’t make any commitment towards its disbursement.
The decision by Mobereola not to make any commitment towards disbursement of the CVFF, to some stakeholders, was a smart administrative move that will save the new helmsman a load of stress.
To them, making a commitment to the controversial subject will put him under unnecessary pressure from the hapless ship owners who have become weary of long wait.
His commitment will become a yardstick for the assessment of his administration by the critical stakeholders.
The disbursement of CVFF is not only bigger than NIMASA DG but not within his power to determine, so said some discerning industry operators.
The President of the Nigerian Association of Master Mariners, (NAMM), Captain Tajudeen Alao, said that much when he said disbursement of CVFF is a political game which Mobereola is not cut out to play.
“He does not have the power to push for the disbursement of the fund.
“The law is very clear in the Cabotage Act who is in charge and that money is subject to the approval of the National Assembly because it is an income that goes to the Federation Account but it should not be used like that because it’s a purpose driven contribution” the master mariner noted.
Of course, the disbursement of CVFF  has become a political chess game while successive NIMASA DGs were mere pawns on the chessboard.
Since 2002 when the funds debutted from the two per cent deductions from Cabotage contracts, and 2006 when the guidelines for its disbursement were spelt out, no single ship owner, dead or alive, has benefitted from it.
It has never been disbursed.
Former Ministers and NIMASA DGs have all been consumed by the high-wire politics and administrative intrigues surrounding the disbursement of the controversial interventionist funds.
Rotimi Amaechi, the former minister of Transportation, despite his political clout and vibrancy, had to cry out in frustration and asked the ship owners, the supposed beneficiaries, to take their destinies into their own hands when he met a political brick wall.
His successor, Alhaji Sambo Muazu, staked his integrity over the disbursement but lost out, despite his claim of securing the approval of the then President Mohammudu Buhari.
The story was not different from the previous NIMASA DGs who made promises of disbursement but failed.
From Dakuku Peterside to his successor, Dr Bashir Jamoh, the immediate past DG, it was a tale of frustration and forlorn hope.
Of particular instance was Dr Jamoh who showed genuine desire and consuming passion to disburse the funds.
He got to the final stage of the hurdle before the disagreement between NIMASA and the approved primary lending institutions(PLIs) over interest rates chargeable on the loan eventually stalled the process.
He was in the process of resuming the negotiation when he exited the agency after the expiration of his tenure.
So given this scenario, observers noted that it would be futile and a hope stretched too far for indigenous ship owners to wait on Mobereola, a man who is probably not well grounded in the politics of CVFF, for the disbursement of the Funds.
Apart from his innocence and  naivity in the politics of CVFF disbursement, his position is not helped by the Minister of Marine and Blue Economy, Gboyega Oyetola, who has not shown any interest and commitment towards the disbursement of the funds.
Any NIMASA DG who will pull the chestnut of CVFF disbursement out of fire must have a strong-willed Minister, someone in the mould of Rotimi Amaechi, to lend his political weight to the battle.
From all indications,  Gboyega Oyetola does not cut the picture of such a strong-willed character that can exert the necessary political pressure to pull off the disbursement of CVFF, notwithstanding his perceived closeness and affinity with President Bola Ahmed Tinubu.
With such weak political support and lack of commitment towards the controversial subject, indigenous ship owners will be stretching their luck too far if they should expect the disbursement of the CVFF under the NIMASA administration of Dr Dayo Mobereola.
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Headlines

NIWA partners ICPC to strengthen internal transparency in its operations  

Gloria Odion, Maritime Reporter 
The National Inland Waterways Authority (NIWA) has announced new strategies aimed at improving its operational system and enhancing collaboration with key stakeholders as part of efforts to boost efficiency and accountability.
Speaking at a post event Press Conference at NIWA Headquarters Lokoja, the Acting Managing Director, Umar Yusuf Girei, while answering questions from journalists stated that, the organization convened a two -day Executive and Anti-Corruption training with the theme “Strengthening Integrity and Revenue System in Inland Waterways Management” organized for Board Members, Management and Area Managers and also 2026 NIWA Management Retreat in Abuja.
The Acting MD noted as part of the Renewed Hope Agenda of President Bola Ahmed Tinubu,with the support  Adegboyega Oyetola, Minister of Marine and Blue Economy, the Authority is focused on aligning institutional goals in ensuring better service delivery to Nigerians.
He further said, as part of its anti-corruption drive, the Management held discussions with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to explore measures for strengthening transparency within its operations.
Girei therefore, assured staff that the ongoing reforms under his watch would translate into improved service and better working conditions.
“NIWA remains committed to continuous improvement and stakeholder engagement and the reforms are expected to enhance both internal performance and public confidence”. he stated.
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Headlines

Navy appoints new Maritime Guard Commander for NIMASA 

Gloria Odion,  Maritime Reporter 

The Chief of the Naval Staff, Vice Admiral Idi Abbas, has approved the appointment of Commodore Reginald Odeodi Adoki as the Commander of the Maritime Guard Command at the Nigerian Maritime Administration and Safety Agency (NIMASA).
Commodore Adoki takes over from Commodore H.C Oriekeze who has been redeployed.

Commodore Adoki, a principal Warfare Officer specializing in communication and intelligence,  brings onboard 25 years experience in the Nigerian Navy covering training, staff and operations.

 As a seaman, he has commanded NNS Andoni, NNS Kyanwa and NNS Kada.
It was under his command that NNS Kada under took her maiden voyage, sailing from the country of build (the United Arab Emirates) into Nigeria.
He was commissioned into the Nigerian Navy in 2000 with a BSc in Mathematics.
 He has since earned a Masters in International Law and Diplomacy from the University of Lagos and an M.Sc in Terrorism, Security and Policing at University of Leicester, England.
He is currently pursuing a Ph.D in Defence and Security Studies at the National Defence Academy (NDA).
He is a highly decorated officer with several medals for distinguished service.

Welcoming the new MGC Commander to the Agency, the Director General, Dr Dayo Mobereola, expressed confidence in Adoki’s addition to the team, emphasising that it will further strengthen the nation’s maritime security architecture given his vast experience in the industry.

The Maritime Guard Command domiciled in NIMASA was established as part of the resolutions of the Memorandum of Understanding (MoU) with the Nigerian Navy to assist NIMASA strengthen operational efficiency in Nigeria’s territorial waters, especially through enforcement of security, safety and other maritime regulations.

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Customs

Customs collects N1.585 trillion from 51 compliant traders under AEO programme 

Funso OLOJO,  Editor 
The Authorized Economic Operator (AEO), one of the trade facilitation tools introduced by the Nigeria Customs Service in 2025, has begun to yield bountiful harvests with the revenue growth of ₦362.79 billion recorded in 2025.
According to the AEO scorecard released by the Service, the facilitation tool grossed the sum of N1.585 trillion after certification, an increase revenue from N1.222 trillion before certification.
This represents the growth of N362.79 billion(29.68 per cent) for 51 AEO – certified entities as at October, 2025.
The Programme, according to the NCS,  also contributed 21.77% to its total revenue collection of ₦7.281 trillion in 2025, while customs duties paid rose by 85.66% due to enhanced compliance and increased volumes of legitimate trade.
According to AEO Monitoring and Evaluation (M&E) Report, the Programme achieved an average compliance rate of 85.45 per cent with the highest at 100 per cent and the lowest at 60 per cent.
“The evaluation applied rigorous methodologies to ensure objectivity, transparency, and alignment with the World Customs Organisation (WCO) SAFE Framework of Standards and the provisions of the Nigeria Customs Service Act, 2023.
“In the area of trade facilitation, AEO participation reduced average cargo clearance time from 168 hours to 41 hours, representing a 75.60% time saving.
“Company operating costs declined by 57.2 per cent while demurrage payments dropped by 90 per cent, limiting capital flight to foreign-owned port service providers and strengthening foreign exchange retention.
” Overall trade efficiency improved by 77.11 per  through digitalisation, simplified procedures, and targeted risk management” the Customs declared in the AEO scorecard.
However, the Service singled out with Eight companies for commendation due to their integrity and compliance under the programme.
The companies include Coleman Technical Industries Limited, WACOT Rice Limited, ROMSON Oil Field Services Ltd, WACOT Limited, Chi Farms Ltd, CORMART Nigeria Ltd, PZ Cussons Nigeria Plc, Nigerian Bottling Company Limited and MTN Nigeria Communications Plc.
The Service lauded them for a cumulative voluntary remittance of over a billion naira into the Federation Account following their self-initiated transaction review and disclosure.
“These actions reflect the strengthening of post-clearance audit mechanisms and a growing culture of voluntary compliance within the trading community.
Nevertheless, the Service suspended a firm under the programme for its non- compliance and display of lack of integrity.
The suspended firm engaged in false declaration of consignments contrary to programme obligations.
“Consequently, the Comptroller-General of Customs, Bashir Adewale Adeniyi, directed the immediate suspension of the company’s AEO status in accordance with the AEO Guidelines, the WCO SAFE Framework of Standards, and Section 112 of the Nigeria Customs Service Act, 2023.
The NCS reiterated that the AEO Programme is founded on trust, transparency, and continuous compliance.
“While compliant operators will continue to benefit from expedited clearance and reduced inspection, appropriate sanctions will be applied where violations are established.
“The Service remains resolute in safeguarding national revenue, facilitating legitimate trade, and preserving the integrity and global credibility of Nigeria’s AEO framework” the NCS concluded in the report.
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