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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.
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Customs

Customs PR officers dominate NCCSC graduation, clinch overall best honours

Gloria Odion, Maritime reporter 

The Public Relations Unit of the Nigeria Customs Service has recorded a rare academic feat as two of its officers emerged the top graduating students at the Nigeria Customs Service Command and Staff College (NCCSC), Gwagwalada.

At the graduation ceremony for Senior Course 14 held on Friday,June 26th, 2026,  Chief Superintendent of Customs (CSC) Ridwan Yusuf was named the Overall Best Graduating Student, capping an outstanding performance by winning three additional awards.

His colleague, CSC Nuruddeen Sa’idu, was named the Second Best Graduating Student, completing a remarkable sweep by officers from the Service’s Public Relations Unit.

The double honour highlights the intellectual depth, leadership capacity and professionalism within the Customs Public Relations Unit, demonstrating that its officers excel not only in strategic communication but also in administration, operational management and policy leadership.

Beyond the accolades, the achievement is expected to open another chapter in their careers, as both officers may be retained by the College as Directing Staff, in keeping with the institution’s tradition of engaging its highest-performing graduates to mentor future participants.

If confirmed, the appointments would recognise their exceptional academic and professional abilities while entrusting them with the responsibility of shaping the next generation of Customs leaders, although their absence would be keenly felt within the Public Relations Unit.

The Nigeria Customs Service Public Relations Unit congratulated both officers on their outstanding accomplishments and wished them continued success as they assume greater responsibilities in service to the nation.

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Stakeholders hail commitment of NIMASA to welfare of Nigerian seafarers as salaries jump by 150 percent 

 Funso OLOJO, Editor

The Nigerian Maritime Administration and Safety Agency (NIMASA) has won widespread acclaim from key maritime stakeholders for its sustained commitment to improving the welfare, remuneration and professional development of Nigerian seafarers, with reforms that have increased their earning capacity by over 150 per cent.

The commendations came on Thursday, June 25th, 2026 during the 2026 Day of the Seafarer celebration in Lagos, where government officials, lawmakers and labour leaders unanimously applauded the agency’s efforts to reposition Nigerian seafarers for global competitiveness.

Leading the tributes were the Minister of Marine and Blue Economy, Adegboyega Oyetola, Chairman of the Senate Committee on Marine Transport, Senator Wasiu Eshilokin,  Chairman of the House Committee on Maritime Safety, Education and Administration, Khadija Bubar Abba Ibrahim, represented by her Deputy, Uduak Alphonsus Odudou and President-General of the Maritime Workers Union of Nigeria (MWUN), Comrade Francis Bunu Abi.

They praised NIMASA for implementing policies and programmes that have significantly improved the welfare, working conditions and international recognition of Nigerian seafarers.

Earlier, the Director-General of NIMASA, Dr. Dayo Mobereola, highlighted the agency’s strategic interventions, revealing that over 2,459 cadets have been trained or are currently undergoing training in reputable maritime institutions across the world under the Nigerian Seafarers Development Programme (NSDP).

Mobereola disclosed that Nigerian seafarers’ earning capacity has risen by more than 150 per cent following NIMASA’s successful enforcement of the Maritime Labour Convention (MLC) 2006 and the integration of the National Joint Industrial Council (NJIC) agreement into the International Transport Workers’ Federation/International Labour Organization (ITF/ILO) wage framework.

The development, he explained, has effectively placed Nigerian seafarers on internationally recognised wage scales and improved their conditions of service.

“At NIMASA, the welfare, safety, security and professional advancement of seafarers remain central to our maritime governance agenda.

“We recognise that protecting and empowering seafarers is not merely a regulatory obligation but a moral imperative and a strategic necessity for sustaining the growth and resilience of the maritime industry.

“In line with this commitment, the Agency has continued to champion strategic initiatives aimed at enhancing the global competitiveness of Nigerian seafarers,” Mobereola said.

He called for stronger collaboration among governments, maritime administrations, shipowners, employers, training institutions, labour unions and other industry stakeholders to build a maritime ecosystem that prioritises safety, dignity, inclusion, wellbeing and professional excellence of seafarers.

According to him, the complex risks faced by seafarers require a collective and sustained response from all stakeholders.

The NIMASA boss described the annual Day of the Seafarer celebration as more than a ceremonial event, saying it should serve as a renewed commitment to ensuring that every seafarer is respected, protected, fairly treated and empowered to realise his or her full potential.

He paid glowing tribute to seafarers for their invaluable contributions to global commerce despite the enormous challenges they confront at sea.

“Beyond transporting cargo, seafarers navigate unpredictable weather conditions, demanding working environments, evolving security threats and increasing geopolitical realities.

“They endure prolonged separation from their families and loved ones while coping with the physical and psychological demands inherent in life at sea.

“Yet they continue to demonstrate exceptional resilience, professionalism and unwavering commitment,” he said.

Addressing Nigerian seafarers and their counterparts across the world, Mobereola added:

“You are not only the backbone of global trade but also proud ambassadors of our maritime nation. Your contributions continue to strengthen the maritime sector, support economic growth and enhance Nigeria’s standing within the international maritime community.”

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Headlines

FG to Shipping Firms: End abuse of Nigerian Seafarers now or face consequences

— as Oyetola vows zero tolerance for poor welfare of seafarers , unveils national carrier plan to boost jobs, sea-time training

Funso OLOJO, Editor

The Federal Government has issued a stern warning to shipping companies, crewing agencies and shipowners against the maltreatment of Nigerian seafarers, declaring that any practice that undermines their welfare, safety and dignity will no longer be tolerated.

The Minister of Marine and Blue Economy, Adegboyega Oyetola, delivered the warning at the 2026 Day of the Seafarer celebration held in Lagos on Thursday, June 25th,2026, where he reaffirmed the government’s commitment to protecting Nigerian seafarers and improving their welfare.

The event, themed “Carrying World Trade, Carrying the Risk,” drew key stakeholders from across the maritime industry, including heads of maritime agencies, members of the National Assembly, shipping companies, crewing agencies, ministry officials, maritime labour unions and seafarers.

Speaking through the Director of Maritime Safety and Security in the Ministry, Mr. Makoji Musa, Oyetola said the era of neglecting Nigerian seafarers must come to an end.

“Let me send a clear message to all shipping companies, crewing agencies and employers of seafarers.

“Our seafarers must be treated with dignity, fairness and respect at all times.

“The era of neglecting the welfare of seafarers, denying them their legitimate entitlements, or subjecting them to unacceptable working conditions must come to an end.

“The well-being of our maritime workforce is non-negotiable,” the minister declared.

Oyetola described seafarers as the backbone of global commerce, noting that they facilitate over 85 per cent of world trade despite operating under difficult and often hazardous conditions.

“Behind every successful voyage lies a story of commitment, endurance and sacrifice,” he said.

“Seafarers spend long periods away from their families, work under demanding conditions and navigate increasingly complex operational and security challenges.

“Their profession requires not only technical competence but also courage, discipline and exceptional resilience.”

He stressed that celebrating seafarers should go beyond ceremonial speeches and translate into concrete actions that improve their working conditions, strengthen safety standards and safeguard their rights.

The Minister reiterated the Federal Government’s commitment to advancing maritime safety, security and decent work through reforms targeted at improving maritime education and training, raising certification standards, expanding employment opportunities for Nigerian seafarers and ensuring full compliance with international maritime conventions.

In a major policy announcement, Oyetola disclosed that the Ministry is in the final stages of establishing a national shipping carrier under a Public-Private Partnership (PPP) arrangement.

According to him, the initiative is designed to reduce the country’s dependence on foreign shipping lines, curb capital flight, strengthen indigenous shipping capacity and, crucially, create more employment opportunities for Nigerian seafarers.

He explained that the proposed national carrier would also address one of the biggest challenges confronting Nigerian cadets by providing adequate sea-time training required for international certification and employment.

“The Ministry is finalizing plans to establish a national shipping carrier through a Public-Private Partnership arrangement.

“This strategic initiative will help stem the enormous capital flight associated with the dominance of foreign shipping lines, enhance Nigeria’s participation in international maritime trade and strengthen our national shipping capacity.

“Importantly, the initiative will create new opportunities for Nigerian seafarers by expanding sea-time placements, increasing employment prospects, developing local maritime expertise and providing a sustainable platform for career advancement,” Oyetola said.

The Minister maintained that protecting the welfare and rights of seafarers remains central to the Federal Government’s vision of building a globally competitive maritime sector and unlocking the full potential of Nigeria’s blue economy.

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