NIMASA Sets Sights on Boosting Maritime Industry’s GDP Contribution

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In a bold move to revitalize Nigeria’s maritime sector, Dr. Dayo Mobereola, Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has unveiled plans to increase the industry’s contribution to the country’s Gross Domestic Product (GDP).

Speaking at a media interaction in Lagos today the 12th day of August 2024. Mobereola outlined his vision for a thriving blue economy, highlighting key areas of focus, including seafarers’ capacity development, vessel acquisition, and security and safety on the waters.

The NIMASA boss emphasized the need for a robust cabotage trade, vessel acquisition by local shipowners, and availability of cargo to lift. He also stressed the importance of deploying the modular floating dock, providing relevant training for cadets, and boosting cabotage trade.

Mobereola also tackled the contentious issue of the war risk premium, alleging that a cartel within the international insurance sector is behind the persistent charges, despite improvements in maritime security. He called for a coordinated international effort to address the issue.

With a focus on collaboration and innovation, NIMASA is poised to transform Nigeria’s maritime industry, creating employment opportunities, generating revenue, and enhancing the sector’s overall performance.

By Esther Komolafe

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