NIMASA poured N37.69 billion into FG coffers in 2021 -DG


The Nigerian Maritime Administration and Safety Agency (NIMASA) paid N37.69 billion to the National Treasury (CRF) in 2021.

NIMASA Director General Bashir Jamoh told reporters at a briefing in Lagos on Friday that the N37.69 contribution was higher than the N31.83 billion contributed by the agency in 2020.

“In 2020, the agency contributed to the consolidated revenue account by paying 31,839,917,978.20 kN. We have moved forward to increase the amount we paid in 2021 with a total amount of N37,691,630,450.22k.

Jamoh said NIMASA is working to strengthen its security mechanism, while improving the process of collecting revenue from the federal government.

He said the 50 billion naira floating dock under construction would be operational before the end of the first quarter of 2022, noting that the facility would however go through a privatization process to help ease the cost burden.

“We expect the floating dock to be operational before the end of the first quarter. Our floating dock is owned by NIMASA and we have entrusted it to a public-private partnership. The issue of privatization is not a product but a process.

“The CEO of the Infrastructure Concession Regulatory Commission (ICRC) was there to give us the first certificate, telling us that the privatization of the modular floating dock is profitable. We went ahead to negotiate with the managing partner, the Nigerian Ports Authority. We anticipate that by mid-February we will get the final certificate of no objection,” he said.

– Advertising –

DG NIMASA pointed out that the privatization of the floating wharf must be approved by the Federal Executive Council (FEC) as it is a national asset. He added that the agency encountered many challenges when work began, but the cost could not be borne by the federal government alone.

“When it is privatized, the managing partners can decide and move it to the appropriate position. The operation of the floating wharf would be taken over by foreigners to maintain it before FEC approval. The moment we receive approval and the floating dock is in use, we will move it to where it belongs,” he added.

A floating drydock is one of five types of drydock used for ship repair. It is a submersible platform specially designed and used to repair ships.

The multi-million dollar modular floating dock acquired by NIMASA since June 11, 2018 has been sitting idle in Lagos with an estimated maintenance cost of around $30,000 per day.

The floating dock, which was conceptualized and acquired by the administration headed by Dakuku Peterside, was to serve as a maintenance base for visiting vessels and those domiciled in the country, with the intention of saving around $100 million per year. year in capital flight, generate jobs and build local capacity.

Speaking on the European Union’s involvement in safeguarding the Gulf of Guinea, Jamoh said the agency needed to collaborate since Nigeria’s integrity was at stake.

“Everything that happens in the Gulf of Guinea affects Nigeria. Our integrity is put to the test and no one respects us. Sometimes they see us as part of the criminals. We took the initiative to organize a meeting called the Joint Industry Working Group. It is from there that we got the shared Gulf of Guinea where the international communities helped reduce insecurity in the Gulf of Guinea.

– Advertising –

“We cannot sit and watch Nigerians being charged anyway. This is how the European Union arrived in the Gulf of Guinea. They consist of Denmark, France, Italy, Great Britain, United States (US) and even Danes. The Gulf of Guinea is vast and we allowed them in. In order to solve this problem, we experienced the problem with the Danish frigate. That’s why the problem was there,” he explained.

He noted that there were many errors in the rules of engagement for foreign navies in the Gulf of Guinea.

The frigate, which was deployed off West Africa in October, intervened in an alleged attack on a commercial vessel in November, killing four pirates and taking four other suspects aboard the frigate, according to Reuters. Three of them suspected of being Nigerians have been released by the country’s authorities.

The fourth, injured and amputated with a leg, appeared before the Copenhagen court, where he was charged with attempted manslaughter of Danish soldiers. He could not be released due to his condition, although he pleaded not guilty to the manslaughter charge.

He revealed that wreckage removal had reached an advanced stage from Badagry to Tin Can Island.


Comments are closed.