{"id":22152,"date":"2018-03-13T10:37:53","date_gmt":"2018-03-13T09:37:53","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=22152"},"modified":"2018-03-13T10:37:53","modified_gmt":"2018-03-13T09:37:53","slug":"nimasa-partner-bpe-national-shipping-line","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/nimasa-partner-bpe-national-shipping-line\/","title":{"rendered":"NIMASA To Partner BPE On National Shipping Line"},"content":{"rendered":"

The Nigerian Maritime Administration and Safety Agency (NIMASA)\u00a0on Monday<\/span>\u00a0expressed willingness to partner the Bureau of Public Enterprises (BPE) to refloat a National Shipping Line.<\/p>\n

The Director General of NIMASA, Dr. Dakuku Peterside who made this known when he played host to the Director General of the BPE, Mr. Alex Okoh at the headquarters of the Agency in Lagos explained that shipping to an extent defines the growth trajectory of any nation especially as it relates to seaborne commerce.<\/p>\n

Speaking further, the DG noted that the greatest asset in the maritime space is the vessel itself and if there are no vessels, one cannot be a major player.\u00a0\u201cYou can only be a major player in name, but in reality you will not get maximum benefit from trade\u201d.<\/p>\n

Accordingly, Dr. Peterside disclosed that the only way to guarantee the efficiency and effectiveness of shipping, which will add value to the economy, is through the involvement of the private sector.<\/p>\n

The NIMASA DG noted that the Hon. Minister of Transportation, Rt. Hon. Rotimi Amaechi has initiated a process whereby people from the private sector will pull resources together to float a National Fleet, facilitated by the Ministry of Transportation and NIMASA, adding that the process which will enhance the Nigerian Flag is ongoing.<\/p>\n

Furthermore, he stated that the Ministry appointed a National Fleet Implementation Committee, headed by the Executive Secretary of the Nigerian Shippers\u2019 Council, Barrister Hassan Bello, who is also working closely to with the Agency.<\/p>\n

A statement issued by NIMASA\u2019s Head, Corporate Communications quoted Dakuku as saying: \u201cThe emphasis of the Federal Ministry of Transportation is to drive a process where we will refloat the National Fleet, this time with the core investors that will own 49 per cent of the shares, whereas, Nigerian Ship Owners will own 51 per cent of the shares of the firm and the firm will also be given the National Career Status. We are looking at different models, hence the importance of this engagement, so that we can review what has happened over time and choose the best model\u201d.<\/p>\n

Earlier in his address, the Director General of the BPE, Mr. Alex Okoh, who commended the strides of the Dr. Peterside\u2019s led Management of NIMASA in repositioning the maritime sector said that Bureau of Public Enterprises is the Agency of government that is responsible for sector reforms and enterprise reforms of the Federal Government. He emphasized that businesses are better managed by the private sector and that government has very little to do in business apart from creating an enabling environment for businesses to strive.<\/p>

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Accordingly, he stated that the BPE will be willing to partner NIMASA in the quest to revive the National Unity Line in collaboration with the private sector.<\/p>\n

\u201cWe have looked at the Nigerian Unity Line and the only tangible asset they have is operating license. The license confers on the enterprise certain privileges, deriving from the Cabotage Act and also from the Local Content policy. This can be the foundation for the building block of a virile shipping business in Nigeria\u201d,\u00a0he said.<\/p>\n

He therefore called on the Agency to take a common position with the Bureau in realizing the privatization mandate, which will be forwarded to the National Council on Privatization as the strategic way forward for handling this particular enterprise.<\/p>\n

It may be recalled that as part of the Agency\u2019s commitment to ensure a robust maritime sector, it has continued to work closely with the Ministry of Transportation, which has been at the forefront of championing the revitalization of the National Shipping Line with private sector participation.<\/p>\n

 <\/p>\n

Photo Caption:The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside presenting a copy of the Nigeria\u2019s maritime industry forecast to the Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh when he paid a courtesy visit to the head office of NIMASA in Lagos<\/em><\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Nigerian Maritime Administration and Safety Agency (NIMASA)\u00a0on Monday\u00a0expressed willingness to partner the Bureau of Public Enterprises (BPE) to refloat a National Shipping Line. The Director General of NIMASA, Dr. Dakuku Peterside who made this known when he played host to the Director General of the BPE, Mr. Alex Okoh at the headquarters of the …<\/p>\n","protected":false},"author":6,"featured_media":22153,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[1034,743],"coauthors":[2391],"class_list":["post-22152","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-dakuku-peterside","tag-nimasa"],"yoast_head":"\nNIMASA To Partner BPE On National Shipping Line - National Wire<\/title>\n<meta name=\"description\" content=\"The Nigerian Maritime Administration and Safety Agency (NIMASA)\u00a0on Monday\u00a0expressed willingness to partner the Bureau of Public Enterprises (BPE) to refloat a National Shipping Line.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/nimasa-partner-bpe-national-shipping-line\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NIMASA To Partner BPE On National Shipping Line - 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