Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wp-post-author domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/powerful/public_html/wp-includes/functions.php on line 6121

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the covernews domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/powerful/public_html/wp-includes/functions.php on line 6121
Economy – Page 16 – The Powerful Pen
April 29, 2025

Economy

D22592D7-6822-4309-B149-A9C598ED0653

Piracy: Nigeria Removed From IBF Unsafe Waters List. ••We are committed to reducing cost of shipping in Nigeria- Jamoh. By Silas Onuoha Nigeria has been removed from the list of countries designated as risk maritime nations by the International Bargaining Forum, IBF. This is a confirmation of the improved global ratings of Security in Nigerian maritime domain as a result of sustained collaborative efforts of the Nigerian Maritime Administration and Safety Agency, NIMASA and the Nigerian Navy. The International Bargaining Forum, IBF, which is a body that brings together the International Transport Federation, ITF, and the international maritime employers that make up the Joint Negotiating Group, JNG, listed 5 designated risk areas and applicable benefits in the event of attacks leading to deaths and disability, mentioning the Gulf of Guinea as second extended war risk zone covering Liberia/Ivory Coast border to 00°N 005°E, to the Angola/ Namibia border. The Director General of NIMASA Dr Bashir Jamoh OFR, while reacting to the IBF report described it as a landmark achievement under the Administration of President Muhammadu Buhari, GCFR. “This achievement is a product of a well-structured multimodal policy which has been implemented over the years to fight piracy and other criminalities in Nigerian Waters. The Legal instrument called SPOMO Act signed into Law by President Buhari in 2019, the full implementation of the Deep Blue Project by NIMASA, expanded assets and capacity of the Nigerian Navy, enhanced cooperation between NIMASA and the Nigerian Navy, and the regional collaborative efforts under the umbrella of SHADE Gulf of Guinea midwifed by NIMASA, are all policies of the current administration and the benefits are gradually coming to fruition. We are focused on ultimately improving and reducing the cost of commercial shipping in Nigeria”. He said. Notable maritime institutions like the International Maritime Bureau, IMB, and the International Maritime Organisation, IMO, have lauded the reduction in piracy in Nigeria following enhanced patrol and relevant Memorandum of Understanding (MoU) entered by NIMASA with other security agencies. The 2023 IBF list called for double compensation for seafarers who die or suffer disability on the date of attack on vessels in the Gulf of Guinea.

Udeme Clement February 25, 2023 0

  ••We are committed to reducing cost of shipping in Nigeria- Jamoh. By Silas Onuoha   Nigeria has been removed...

Read More

You may have missed

IMG-20250425-WA0000

Compt. M.S Shuaibu Hands Over To G.A Otunla At Ogun 1 Customs

Udeme Clement April 25, 2025 0
IMG-20250424-WA0025

NPA, PEBEC Collaborate To Enhance Port Efficiency, Ease of Doing Business

Udeme Clement April 24, 2025 0
VP MDA Pic 1

VP Shettima Calls for Stronger Collaboration Among MDAs to Enhance Nigeria’s Business Environment.

Udeme Clement April 23, 2025 0
images

MWUN Disapproves Seafarers Deplorable Living Conditions On Board Ship & Shore Vessels

Udeme Clement April 23, 2025 0
VP MDA pic 2

VP Shettima Calls for Stronger Collaboration Among MDAs to Enhance Nigeria’s Business Environment.

Udeme Clement April 23, 2025 0
error: Content is protected !!