NIMASA Floating Dock Targets N1bn Monthly Income

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The Director-General Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Bashi Jamoh has now evolved a blueprint, for ensuring that the multi-billion Niara NIMASA floating dock generates monthly revenue of N1 billion when put to optimum use.

The NIMASA boss disclosed this, while addressing news men on Friday at the Agency’s headqaurters in Lagos as a way of marking his 100 days in office.

According to him, “Presently, the floating dock is at the Naval Dockyard and we are making everything possible to get it to the Continental Shipyard, when the Nigerian Ports Authority would have wound down its operation at the yard”, Dr. Jamoh told an appreciative audience on Thursday in Lagos, stressing as he presented achievements in his first 100 days in office, that the floating dock would no longer be liability or drain on the Agency’s revenue.

He noted too, that the agency is also expecting huge influx of employment opportunities from the utilisation of the floating dock.

“Apart from the N1 billion Naira monthly the floating dock will generate, we are expecting up to 350 staff engagement and these are the main workers.

“We have five segments comprising cadets in electrical, mechanical and each segment will provide employment for 75 persons.

“Additionally, the floating dock will be used for sea time. For those who have the expertise in electrical and mechanical; they will be placed there to have their own time,” he said.

Jamoh explained that the agency would be signing a Memorandum of Understanding with all operators of oil and gas, to take their ship to the floating dock and would also be engaging with managing partner, to help manage the dock.

He pointed out that as at now, they are filing with the Infrastructure Concession Regulatory Commission (ICRC), to confirm and approve the Public-Private Partnership arrangement they want to embark upon.

“This is something that is like a cash cow and we are looking forward to full operations soon,” Jamoh said.

He noted that as regards piracy, the synergy they had with the Nigerian Navy and the Nigeria Police Force had led to the arrest of 27 alleged criminals, who were now awaiting trial.

Jamoh highlighted lack of coordination and interfacing as the biggest challenge in maritime security, adding that the agency would be harmonising its security platform with that of the NPA and the Navy, to bridge this problem.

He noted that a review of the Cabotage guidelines had been concluded and would be endorsed for onward transmission to the Ministry of Transportation, for onward transmission to the Presidency.

“We are targeting that before October, there will be fast disbursement of the Cabotage Financing Fund,” he said. The last administration actually played on stakeholders’ intelligence on the issue of Cabotage disbursement, changing goal post several times, at the whims and will of politicians.

Jamoh also said the agency had achieved 85 per cent in its Deep Blue Project, saying that the emergence of the COVID-19 pandemic had stalled the deployment of the assets.

“We now have two special mission vessels; 14 out of the 17 fast-intervention vessels have been received. Also, 14 out of the 17 special armored vehicles have been received.

“The C4i has been operational for over one and a half years and 24 hours in seven days.

“Two special mission aircraft are being expected in August and three special mission helicopters are being expected in January 2021,” he said.

Jamoh noted that as regards seafarers, the problem with the policy governing it was that it had structural defects which would be perfected, to avoid pitfalls and move forward.

He pointed out that presently, those who had left the maritime academy with good grades were given automatic employment.


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