NIMASA Vows to Drive Maritime Economic Development
NIMASA Vows to Drive Maritime Economic Development
By Aliu Joshua
The Nigerian Maritime Administration and Safety Agency (NIMASA) has reiterated its commitment to driving maritime economic development in Nigeria.
According to the agency’s Director-General, Dr. Dayo Mobereola, the organization is exploring the Public Private Partnership (PPP) model to develop the country’s maritime infrastructure.
The DG emphasized that the PPP model is crucial for the development of Nigeria’s maritime sector, as government funding alone cannot support the required infrastructure. He called on the Infrastructure Concession Regulatory Commission (ICRC) to develop PPP-based business models that would attract private investors.
The PPP model is expected to facilitate increased funding and expertise from the private sector, accelerating the growth and development of the Nigerian maritime sector. This partnership will also enable the development of critical maritime infrastructure, such as ports, terminals, and shipping facilities.
A New Era of Collaboration
In response, the director-general of the ICRC expressed his agency’s commitment to partnering with NIMASA to develop the maritime sector. This partnership is expected to yield significant benefits for the Nigerian economy, including increased revenue, job creation, and economic growth.
NIMASA’s Commitment to Maritime Development
NIMASA has consistently embraced collaboration and partnership through the PPP initiative to ensure the growth and development of the maritime sector. The agency believes that the PPP model is the most viable approach for driving government policies that promote development and economic growth.
