shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » …Pleads For Exemption Remittance Into Federation Account For Five Years

…Pleads For Exemption Remittance Into Federation Account For Five Years

by Joshua
May 13, 2014
in Uncategorized

The Nigerian Maritime Administration and Safety Agency (NIMASA) may be lobbying President Goodluck Jonathan to grant the agency partial autonomy from remittance into the Federation Account for next five years.

Speaking with journalists on the sidelines of the ground-breaking ceremony for its Dockyard/Shipyard facility and Maritime University in Okerenkoko, Warri, Delta State last weekend, the NIMASA boss, Mr. Patrick Akpobolokemi said that the demand is to further empower the agency financially and enable it commit all its accruable resources to the twin projects.

Already, Akpobolokemi said that the proposal has been submitted to the President and that the agency is only awaiting his approval.

Justifying the need for the Federal Government to exempt NIMASA from all capital remittances into the Federation Account for five years, Akpobolokemi said that the project being carried out by NIMASA is billed to gulp billions of dollars, and that the agency does not want to run to government for money at all times for the project.

"We call for our exclusion for at least five years because of the capital intensive nature of the project; after all, the projects are for Nigerians, they are federal government projects and when you see that some sectors go back to the presidency for incentive, bail out, and so on, then you know we are also qualified, considering what we are doing for our people and for the government of Nigeria", he argued.

He added: "Some other agencies go to the federal government to ask for money or even to ask for bail out, but we don’t do that, we are talking about what we are contributing within some period because cumulatively all this project may go up to a billion dollars and you can imagine how expensive it is and that is why we are asking for it".

"The president will put the necessary paper and look into that file, if they wish to grant them we will be happy" he stressed.

Akpobolokemi also argued that statutorily, part of the agency's revenue is transferred to the Maritime Academy of Nigeria (MAN) in order to assist it to grow.

He said that as a stop gap measure to fill the death of capacity in the maritime industry, NIMASA is training 2,500 Nigerians in different maritime schools in different regions in maritime Universities and Academies abroad and that this is a very big boost to the sector.

"We don’t stop there, we also help to assist outside our statutory obligations; all to get capacity, and when this university will be developed, when the academic session starts, it will increase the capacity".


Related Posts

IMO Warns Piracy Surge Leaves More Than 90 Seafarers Captive

IMO Warns Piracy Surge Leaves More Than 90 Seafarers Captive

August 31, 2026

Tinubu Hails Nigerian Firm’s AfCFTA Customs Project Deal

August 11, 2026

Onion Dispute: Nigerian Traders Halt Exports To Ghana, Seek ECOWAS Intervention

August 11, 2026
Customs Dismantles N3.24bn Smuggling Ring, Recovers N729m Revenue

Customs Dismantles N3.24bn Smuggling Ring, Recovers N729m Revenue

August 10, 2026

Discussion about this post

Latest News

FG Reforms: Nigerian Ports Records 12.3% Rise In Cargo Throughput

FG Reforms: Nigerian Ports Records 12.3% Rise In Cargo Throughput

September 7, 2026

Oyetola Orders Fast-Track of CVFF Disbursement as 20 of 92 Applications Await Approval

Nigerian Waters Now Haven For Stowaways As Navy, Immigration Intensify Arrests

Ahead of MAMAL 2026: Stakeholders Say Nigerian Ports Still Lag Behind Cotonou, Lome on Competitiveness

Despite Over N595m Budget, Stakeholders Seek Private Sector Push To Clean Nigeria’ Waterways

Vested Interests, Leadership Tussles Tear Lagos Truckers’ Associations Apart   3

NPERA Boss-Akutah, Honoured For Advancing Investment, Economic Development

Nigeria Customs Service Board Confirms Appointment Of DCG, 5 ACGs, Reviews Revenue Performance At 65th Regular Meeting

Navy Uncovers 10,000 Litres Of Suspected Crude Oil In Delta

Logistics, Crude Sourcing, Others Drive Fuel Price Volatility – NMDPRA

Tinubu Approves CVFF Disbursement As Oyetola Directs Faster Loan Processing

South-West Farmers Not Earning Enough From Agriculture-Olubadan

kindly like our Facebook page

Health

Experts, Survivor Harp On Early Detection To Enhance Cancer Treatment
Health

Experts, Survivor Harp On Early Detection To Enhance Cancer Treatment

August 31, 2026

Some medical experts and a cancer survivor, have emphasised the need for  regular screening and early detection of cancer to enhance...

WHO Says 4 In 10 Cancer Cases Preventable

WHO Says 4 In 10 Cancer Cases Preventable

August 31, 2026
SPECIAL EDITION ON CANCER AWARENESS:  Oncologist Urges Early Alarm, Detection

SPECIAL EDITION ON CANCER AWARENESS: Oncologist Urges Early Alarm, Detection

August 31, 2026
Worms And Your Health

Worms And Your Health

August 17, 2026
The Good Old Bitter Leaf

The Good Old Bitter Leaf

August 17, 2026
Your Stool Determines The State Of Your Health

Your Stool Determines The State Of Your Health

August 10, 2026
Some Health Benefits of Bitter Kola: Africa’s Natural Gift to Health and Wellness

Some Health Benefits of Bitter Kola: Africa’s Natural Gift to Health and Wellness

August 10, 2026
All You Need To Know About Hepatitis

All You Need To Know About Hepatitis

August 3, 2026
Intake Of Sugar, Sweet Things Cause No Erectile Dysfunction – Gynecologist

Intake Of Sugar, Sweet Things Cause No Erectile Dysfunction – Gynecologist

August 3, 2026
ABC Of Malaria

ABC Of Malaria

July 27, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition