The management of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Bank of Industry Limited (BOI) have resolved to join forces to grow capacity in the maritime sector of the economy.
To this end, the two insitutions have started discussion on potential strategies for capacity building in the sector.
The Director General of NIMASA, Dr. Dayo Mobereola made this disclosure during a visit by the management of BOI to NIMASA corporate headquarters in Victoria Island, Lagos.
His words: “In addition to safety, security, and maritime labor, the agency’s mandate encompasses capacity development aimed at growing the sector.”
Mobereola who was represented by NIMASA Executive Director, Maritime Labour and Cabotage Services, Mr. Jibril Abba also reaffirmed the agency’s commitment to collaboration as a vital tool for achieving its mandate.
“The aim is to actualize the vision of the Federal Government to reposition the maritime sector, especially with the creation of the Ministry of Marine and Blue Economy”, he said.
BOI Executive Director, Large Enterprises, Mrs. Uz’Okpala in her remarks reiterated the bank’s readiness to support NIMASA.
She also emphasized the importance of collaboration in implementing a robust capacity-building initiative that will contribute to economic growth in Nigeria.
Maritime Bits checks revealed that BOI is Nigeria’s oldest and largest development finance institution (DFI) currently in operation.
It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80 percent), the Central Bank of Nigeria (CBN) (5.19 percent) and private shareholders (0.01percent).
