Headlines

CVFF: Waiting game continues as NIMASA bids time for disbursement.

Funso OLOJO

There may be no respite yet for the weary Indigenous ship owners as they still have to wait for the disbursement of the controversial Cabotage Vessels Financing Fund(CVFF).

This is because the new management of the Nigerian Maritime Administration and Safety Agency NIMASA (NIMASA) said it was bidding its time to avoid past mistakes.

It would be recalled that the fund is yet to be disbursed 18 years after it was set up by the Cabotage Act of 2006.

Speaking at the interactive session with maritime media on Monday, August 12th, 2024, the Director General of NIMASA, Dr. Dayo Mobereola, acknowledged the propriety of disbursement of the fund but said the government would not rush into the exercise, 18 years after, to avoid the pitfalls of the past similar project.

” We are taking our time” he declared. It (CVFF) would soon be disbursed” he assured.

He however said the government is trying to avoid the mistakes of the Ship Building and Ship Acquisition Fund (SBSA) fund which he claimed was grossly mismanaged.

“We did not want to make the mistake of the past effort which was mismanaged.

” That was when such past intervention fund was given to the wrong people which did not benefit the nation and the ship owners.

” We want to do it right this time around so that it would not be start and stop exercise but continuous when we start.

” We want it to benefit not only the ship owners but the maritime sector” the NIMASA DG declared.

He disclosed that the present management of NIMASA was looking beyond using the fund to purchase vessels for the beneficiaries of the loans but the availability of the cargo those vessels would carry.

” CVFF is not about the vessels alone. It is also about demand.

” What exactly these vessels are going to carry?

” So we are also working on the issue of ensuring that there is steady cargo for the vessels so they will not be lying fallow but make revenue for the sector,” Mobereola said.

He said the fund is still intact and domicile with the Federal government.

Mobereola further disclosed that the agency was looking for every opportunity to disburse the fund for the benefit of the ship owners and the shipping sector.

” The strategies and decisions taken 20 years ago about its disbursement have become obsolete and there are many new opportunities now and we will be doing ourselves an injustice if we don’t put into consideration what is happening now, not only in Nigeria but internationally before we start to disburse the fund” he noted.

It could be recalled that the previous NIMASA administration and government have put up comprehensive guidelines and templates for disbursement.

The immediate past NIMASA administration led by Dr Bashir Jamoh was particularly upbeat about the disbursement of the fund while the former Minister of Transportation,Alhaji Muazu Sambo, staked his integrity and swore that he had secured the approval of his former boss, former president Mohammadu Buhari to disburse the fund.

But all these later turned out to be a grandstanding and public display of hollow commitment as the CVFF remains undisbussed 18 years after.

Headlines

May Day: Mobereola salutes maritime workers for passion, dedication to building virile industry

Gloria Odion, Maritime reporter

The Director – General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has saluted the courage , passion and dedication of maritime workers to building strong and virile industry.

In his message at the Workers’ day on May 1st, 2026, the NIMASA DG extolled the virtues of workers and acknowledged the distinguished service of various stakeholders whose efforts he noted continue to significantly contribute to the development of the Nigerian maritime industry.

Dr. Mobereola, while wishing stakeholders a Happy Workers’ Day said “to all the amazing officers and stakeholders in the maritime sector who bring their passion and expertise to work daily.

“Thank you for your dedication and invaluable contributions”.

He emphasized that as a regulator, the Agency remains committed to its oversight function of regulating maritime labour activities in the industry in line with extant instruments and the expectations of the theme of the 2026 Workers’ Day, which focuses on safety, dignity and productivity.

Customs

Kaila, Seme Customs CAC, seeks collaboration with stakeholders to achieve seemless trade along border corridor

Funso OLOJO, Editor

The new Area Controller of the Seme Command of the Nigeria Customs Service, Comptroller Abdullahi Kaila, has reached out to traditional rulers and sister agencies at the border communities to ensure the achievement of his mandate of detection, determent of smuggling, revenue generation and trade facilitation along the border corridor.

To achieve these objectives, Comptroller Kaila went on tour of the communities within the border corridor where he met and sought for the support and cooperation of major critical stakeholders, including the traditional rulers and sister agencies.

According to him, his objective was to eradicate trade hindrances affecting free movement of goods and services along the Lagos-Abidjan business corridor.

Speaking at the Palace of Oba Akran of Badagry Kingdom, the Customs Area Controller condoled with the royal family and entire people of Badagry kingdom on the passing away of HRM De Wheno Aholu Menu Toyi I who was a well recognized traditional ruler across the border communities.

“”The purpose of my visit is to introduce myself as the Area Controller of Seme Command and to equally seek your royal blessing and support to achieve the core mandate of the service.

“Our priority remains to generate revenue, facilitate trade, and suppress smuggling.

“And we in the Customs believe that without due support and co-operation from traditional rulers, we can not have effective performance of our functions as Customs officers” he said

The King Regent, Chief Abel Ogunbiyi, who described Kaila as the son of the soil, added that “We have listened to your request.

” Know that Badagry is a very peaceful town, and we will keep collaborating with you in safeguarding our borders and in promoting legitimate trade, ” he stated.

Comptroller Kaila also visited the Onibereko of Ibereko Awori-Kingdom, where the monarch, Oba Israel Okoya, signifies his commitment to fostering the service relationship with residents living within the border communities

“I welcome you to Badagry and be rest assured that I will always talk to my people whenever the need is required.

” In our town, our youth does not engage in illegalities as I have no other choice than to assist you in achieving the government mandate, ” he mentioned

While at the Palace of Alapa of Apa Kingdom, the king HRM Oba Oyekan Ajose Ilufemiloye commended and described the CAC, Comptroller Kaila as a professional, seasoned and well respected officer as described by indigenes of border communities.

“I promise you that I will always assist you in my area for anything that you need.

“Our border here has been peaceful because our youth always listen to the elders, and I know with your presence here, things will change for the better, ” he said

In his efforts to consolidate on existing synergy between sister security agencies, Kaila also visited Headquarters of 653 Nigerian Air force base, Ahanve-Badagry.

The Commanding Officer, Group Captain Hungruy Medugu,expressed the readiness of the formation to always support the command in achieving its mandate.

“Our collaboration has been key to various successes we have recorded in our area of responsibility.

” Your presence here strengthens existing bonds of inter-agency collaboration between both Services, and we will not take it for granted ,” he said

The Area Controller then ended his familirisation tour with seeking for mutual cooperation with a visit to the Republic of Benin Police office, showing his readiness to eradicate hindrances affecting the free movement of goods and services across the border.

Headlines

Opeifa decries encroachment on NRC properties across the country

— praises collaboration with Abia, Enugu govts.

Funso OLOJO, Editor

The Managing Director of the Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa, has reiterated his displeasure over the widespread practice of encroachment on the properties of the Nigerian Railways Corporation across the country, warning that such action would not be tolerated by his administration.

Opeifa was speaking during the separate meetings he recently had with the governments of both Abia and Enugu states.

Represented by the Railway District Manager, Eastern District, Mr. Agwonye Francis Ejike, the NRC boss quickly condemned the occupation of the Corporation’s right- of – way by squatters in Umuahia, while correcting the wrongly- held belief that the Railway is defunct.

Opeifa however applauded the cordial and collaborative relationship between the Corporation and the governments of both Abia and Enugu.

According to him, such productive harmony can only yield even greater positive results for the benefit of the people.

During the Umuahia meeting, Dr. Opeifa strongly praised the Abia State Government for its crucial assistance in clearing the NRC’s right-of-way within Umuahia.

He reiterated unequivocally that no one is permitted to build any structure on railway property without obtaining express approval from his office.

Appealing directly to the public, he urged for greater patience, stressing that the plans for the critical track extension from Aba, through Umuahia to Enugu and beyond, remain very much on course.

Responding on behalf of the Abia State Government, Mr. Kingsley Agomoh stated that the State Government is actively engaging all stakeholders by providing alternative, seamless locations for those currently conducting business on the railway right-of-way.

He further revealed that the state government has already finalized plans to plant trees along the route, creating a leisurely and aesthetically conducive environment for relaxation, replacing previous commercial activities.

The high-powered team then embarked on an extensive inspection of the alternative relocation site for displaced persons; the demolition site where iron barrier installation is progressing; the Umuahia Central Bus Terminal; the site for the new Umuahia Railway Station; and the route for the proposed link road passing through the existing railway station.

The meeting also explored the provision of a temporary location for the Railway Police and the PTO, pending the construction of the new Umuahia Station, which is designed to include a police station and other NRC offices.

The same impactful message was delivered to Enugu State, where the Commissioner of Transportation, Dr. Obi Ozoh (representing the State Government), equally assured the NRC MD of the Enugu State Government’s unwavering commitment to collaborating with the Corporation to achieve its aims and objectives.

Describing Dr. Opeifa as a personal friend from their private sector days, Dr. Ozoh lauded him as a leader who “knows perfectly well what he is doing.”

He further assured the NRC that the Enugu State Government will actively assist in demolishing any obstruction on the Corporation’s right-of-way, stressing that the state eagerly awaits the flag-off to recommence construction of the rail line from Aba to Enugu and beyond.