Esther Komolafe – Page 46 – Eavesdropper online

28 Sep

Safe Shipping Tops Nigeria’s Maritime Agenda

Esther Komolafe0 CommentsBusiness

The Federal Government has pledged to boost investments in cutting-edge technologies and alternative fuels to ensure secure shipping operations, according to Minister of Marine and Blue Economy, Adegboyega Oyetola. At the World Maritime Day 2024 celebration in Lagos, themed "Navigating the Future: Safety First," Oyetola emphasized the need to upgrade facilities and build capacity for Nigeria to remain competitive in global seaborne trade. Nigeria has consistently aligned its regulatory framework with International Maritime Organization (IMO) standards, reinforcing its commitment to maritime safety. The Ministry is embracing emerging technologies, digitalization, and innovation to drive growth, in line with President Bola Ahmed…

26 Sep

National Business Summit on Economy and Security Rescheduled for October 12

Esther Komolafe0 CommentsUncategorized

The 15th National Business Summit has been rescheduled to October 12, 2024, in commemoration of Nigeria's 64th Independence. Initially set for October 1, the event was postponed to ensure participants' safety amidst planned protests. This prestigious summit promises to unite key stakeholders, thought leaders, and experts to address Nigeria's economic and security challenges. Event Highlights: Theme: National Economy: Intertwining Insecurity and Rising Cost" Guest Speakers: Dr. Segun Musa, President of Global Transport Policy, and Dr. (Chief) Osita Chukwu KSJI, National Coordinator of Save Nigeria Freight Forwarders, Importers & Exporters Coalition Panel Discussions: Focused on strategic solutions for economic growth…

25 Sep

Blue Economy Faces Emerging Challenges and Opportunities

Esther Komolafe0 CommentsMaritime

At the 4th Annual Symposium and Workshop organized by the African Marine Environment Sustainability Initiative (AFMESI) in Lagos, Director Maritime Boundaries, National Boundary Commission, Nurudeen M. Abba, highlighted the pressing issues surrounding the Blue Economy. Abba emphasized the need to address challenges and leverage opportunities in Areas Beyond National Jurisdiction (ABNJ), Exclusive Economic Zones (EEZ), and Deep Seabed Mining (DSM) . Key Challenges: Governance and Legal Uncertainty: ABNJ faces unclear regulations and overlapping claims. Environmental Concerns: Pollution, erosion, and over-exploitation threaten marine ecosystems. Equity and Access: Ensuring fair distribution of resources and benefits. Exclusive Economic Zones (EEZs): Challenges: IUU fishing,…

25 Sep

Partnerships Key to Unlocking Africa’s Blue Economy Potential

Esther Komolafe0 CommentsMaritime

At a recent symposium and workshop organized by the Africa Marine Environment Sustainability Initiative (AFMESI), Captain Sunday Umoren, Secretary General of the Abuja MOU, emphasized the crucial role of partnerships and enforcement in achieving a sustainable Blue Economy in Africa. "Partnerships and collaboration are essential for Africa's marine and Blue Economy to thrive," Capt. Umoren stressed. "They provide advisory services, economic development, research, informed policy regulation, and sustainable management, ensuring rapid growth of Africa's marine resources." ¹ He highlighted that successful partnerships should be mutually beneficial, with each stakeholder contributing to the country's GDP without pitfalls. Capt. Umoren also…

25 Sep

COASTAL COMMUNITIES’ CASH BOOST: Tantita Unveils N320m Carbon Credit Scheme

Esther Komolafe0 CommentsMaritime

The Executive Director ,Technical Operations of Tantita Security Services, Captain Enisuoh Warredi has proposed a carbon credit scheme to combat climate change in Nigerian coastal communities, potentially generating N320 million annually. At the African Marine Environment Sustainability Initiative (AFMESI) 4th Annual Symposium and Workshop, Capt. Warredi emphasized the importance of carbon credits in addressing pollution in the Niger-Delta region. 50,000 trees per coastal community can absorb 4,000,000kg of CO₂ annually. - One carbon credit equals one ton of CO₂, valued at $50. - Potential earnings: $200,000/year (approximately N320 million). Call to Action: Warredi urged maritime operators to prioritize environmental concerns…

24 Sep

NIMASA DG Advocates for Sustainable Atlantic Exploration at UNGA

Esther Komolafe0 CommentsMaritime

Dr. Dayo Mobereola, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has reaffirmed Nigeria's commitment to a peaceful and prosperous Atlantic region at the 2024 United Nations General Assembly (UNGA) in New York. Key Highlights: Atlantic Cooperation: NIMASA DG emphasized Nigeria's participation in the Atlantic Cooperation, shaping global policies for a secure and sustainable Atlantic region ¹. Deep Sea-Bed Mining: Nigeria organized an international workshop on deep-sea mining, reaffirming commitment to develop a legal framework for sustainable economic growth. Regional Collaboration: Nigeria partners with the US, EU, ECOWAS, and UN to protect coastlines and ensure safe…

24 Sep

AFMESI Unveils Future Targets for Sustainable Blue Growth in Africa

Esther Komolafe0 CommentsBusiness

Dr. (Mrs.) Felicia Chinwe Mogo, President and Founder of the African Marine Environment Sustainability Initiative (AFMESI), outlined the organization's future targets at a recent gathering of stakeholders committed to achieving sustainable blue growth in Africa. *Seven Key Pillars for Sustainable Blue Growth* AFMESI's Five-Year Strategic Plan focuses on seven key areas: *Strengthening Coastal Community Integration*: Empowering coastal communities to manage marine resources sustainably through training and support. *Promoting Innovation and Technology*: Advancing sustainable ocean management through cutting-edge technologies. *Expanding Marine Conservation Efforts*: Protecting marine ecosystems through partnerships and policy advocacy. *Addressing Climate Change*: Developing resilience plans to safeguard coastal…

23 Sep

Nigeria Commemorates World Maritime Day 2024, Emphasizes Safety and Global Standards

Esther Komolafe0 CommentsMaritime

Nigeria is set to join the global community in celebrating the 2024 World Maritime Day on Thursday, September 26, under the theme "Navigating the Future: Safety First" ¹. The Minister of Marine and Blue Economy, Adegboyega Oyetola, has reaffirmed the ministry's commitment to adhering to globally recognized standards, ensuring a robust and business-friendly maritime sector ¹. President Bola Ahmed Tinubu's administration aims to significantly contribute to Nigeria's Gross Domestic Product (GDP) through the Blue Economy ¹. Dr. Dayo Mobereola, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), assured stakeholders that Nigerian waters are safe for investment and…

23 Sep

PalmPay Launches USSD Service, Enhances Financial Access and Security for Nigerians

Esther Komolafe0 CommentsTechnology

PalmPay, a leading fintech platform, has introduced a USSD code (*861#) to provide Nigerians with enhanced financial access and account security, even without internet connectivity. The service allows customers to perform various banking transactions, including money transfers, bill payments, and credit services. This launch aligns with PalmPay's mission to bridge the digital access gap and promote financial inclusion. Chika Nwosu, Nigeria Managing Director, emphasized, "Our USSD service ensures seamless connectivity for our users, and its security feature allows customers to remotely freeze their accounts in case of loss or theft." PalmPay has achieved significant milestones in Nigeria, with…

16 Sep

NIMASA, Bank of Industry Partner to Boost Nigeria’s Maritime Capacity

Esther Komolafe0 CommentsMaritime

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Bank of Industry (BOI) are exploring collaborative strategies to enhance capacity in the Nigerian maritime sector. During a meeting between NIMASA's Executive Director, Mr. Jibril Abba, and BOI's Executive Director, Mrs. Ifeoma Uz'Okpala, both parties expressed commitment to working together to achieve their shared goals. NIMASA aims to develop capacity in the sector, focusing on safety, security, maritime labor, and capacity building. The Agency seeks to actualize the Federal Government's vision to reposition the maritime sector, particularly with the creation of the Ministry of Marine and Blue Economy. BOI, Nigeria's…