NIMASA To Experience Major Restructuring – Peterside

According to The Nigerian Maritime Administration and Safety Agency (NIMASA)’s Director General, Dr. Dakuku Peterside during an audience with a delegation of the Oxford Business Group led by its Country Director, Izabela Kruk, said that the agency will undergo major reforms in the next one year to boost its capacity to drive the growth and development of the Nigerian maritime industry.

The agency stated that the reforms are in line with the ‘change’ agenda of the President Muhammadu Buhari administration, which is committed to the diversification of the nation’s economy.

Peterside also stated that NIMASA has the requisite knowledgeable human capital, saying what was required to refocus and reposition the agency is a committed leadership which the present management is willing to provide.

He said that the agency is developing a medium term strategic growth plan which will aid its management to focus on its core mandate of promoting the development of indigenous capacity in international and coastal shipping as well as effectively regulating the maritime industry in Nigeria.

He also said the agency will be alive to its responsibilities on making Nigeria the preferred destination for maritime activities.

He stressed that the NIMASA will leave no stone unturned, including seeking legislative amendment if need be, to ensure full compliance with the Cabotage Act 2003, which, according to him is necessary to fast track the desired growth in the maritime sector.

Kruk had earlier expressed the readiness of the group to partner NIMASA in documenting and publicizing NIMASA activities in its widely read journal.

Kruk, who highlighted the benefits of the group’s partnership with some Nigerian agencies, including the Nigerian Investment Promotion Council (NIPC) and the Nigerian Economic Summit Group (NESG) said the collaboration has yielded a lot of positive results for Nigeria pledging that they intend to do same for NIMASA.

*The Oxford Business Group is a publishing, research and consultancy firm, which publishes economic intelligence on the markets in Africa, Asia and Latin America educates  investors on the opportunities in these markets and how best to harness them.