• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, July 26, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Council seeks incentives to boost indigenous ship operations

The Matters Press by The Matters Press
January 15, 2022
Reading Time: 3 mins read
0
Council seeks incentives to boost indigenous ship operations

The Executive Secretary, Nigerian Shippers’ Council (NSC), Mr Emmanuel Jime, on Friday said the council would pursue incentives that would boost indigenous shipowners operations.

RELATED POSTS

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

‎ADC erred, APC administrations never spent $18bn on refineries-IMPI ‎

Jime said this when Dr Mkgeorge Onyung, President, Shipowners Association of Nigeria (SOAN), paid him a courtesy visit in Lagos.

Jime,  also Chairman, Nigeria Fleet Implementation Committee, said it was critical that the incentives be implemented for Nigeria to assume its rightful place as a maritime hub.

He said that as the chairman of the fleet implementation committee, he would push for a zero import duty on vessels.

On funding, Jime said that the committee was thinking of establishing a shipping sector support fund and export tariff waiver for Nigerian vessels.

“On other incentives, shipping community should be given the right of first refusal for national carrier procurement processes of all cargo without any exception, as when implemented will benefit them.

“We are also advocating for a work permit to be issued only upon verification of unavailability of ratings and officers.

“If the ratings are not given the protection and cover they need, then they will be unable to face the competition with foreign shipping lines and companies,” he said.

Jime also called for a change in the country’s crude oil trade policy noting that at the moment, there was no sufficient participation of Nigerian shipowners in this area of the economy.

He said  the council’s advocacy was for the existing policy that denied Nigerian shipping community participation in oil and gas business be changed.

Jime urged the Corporate Affairs Commission (CAC) to adopt a zero duty for ship finance registration, stressing that the fleet implementation committee under his watch would pursue these things.

Jime said the meeting was germaine as it would pave way for discussion with the association as regards the shipping industry and plans to position Nigeria to take its rightful place, as a maritime hub.

“Unless and until we get to the point where ship ownership is addressed effectively, we are never ever going to attain that position, assumption of being a maritime hub.

“Therefore, the Shippers’ Council giving this responsibility of leading the fleet implementation committee has already identified a number of areas that will be of interest to the association,” he said.

Jime noted that the council would facilitate the engagement of domestic and international bodies in public and private sectors toward the attainment of the objectives of establishing a Nigerian fleet.

He said that an institutional framework especially the legal aspect, would be developed to anchor the Nigerian fleet, develop strategies that would incentivise the private sector to invest in ship ownership.

“The ship will be registered in the Nigerian ship registry.

“We will set out action items that will encourage the development of ship building and repairs facilities, we will provide guidelines and recommendations to augment maritime manpower capacity.

In his remark, Onyung said maritime was the biggest business worldwide  that held the key to unlocking the economic prosperity of Nigeria.

He said if the country did not have ships, there would be no port, no customs and so many other things.

He said that Norway owned 45,000 ships worldwide having only population of 5.3 million people and its waters frozen eight months in a year, only free for four months.

“Each day, one or two of their ships visit Nigeria port.

“We have the capacity and we want to employ you that we want to work together, nobody will reinvent the wheel for us, it is already set just for us to do what others are doing,” he said.

Tags: Ships
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 2025
Nigeria’s Dangote refinery will cut Africa’s petrol import by 36%
Economy/Technology

‎ADC erred, APC administrations never spent $18bn on refineries-IMPI ‎

July 25, 2025
Nigerian firms to handle $4b gas project
Economy/Technology

ADC’s claim on refinery sale, horrendous half truth

July 23, 2025
Tinubu inaugurates economic council
Energy

‎No political undertone in Tinubu’s befitting honour for Buhari, TDF ‎

July 23, 2025
Babangida Aliyu’s Exit from ADC, a testament to Coalition’s deceitful recruitment- Group
Economy/Technology

‎Stop scapegoating Tinubu, stick to ethics of internal democracy, Group tells ADC ‎

July 20, 2025
Next Post
FMDQ’s turnover hits N24.03trn in September

FMDQ admits MeCure Industries commercial papers

Covid-19 causes GDP’s contraction

Manufacturers CEO index up 1.4 points in Q4′ 2021

Recommended Stories

FIRS deploys tech platform for tax collection

Trust deficit hampers tax compliance

August 15, 2022
South Africa in load shedding to manage dip in power

Lagos electricity workers begin strike

August 17, 2022
Nigeria’s N225bn bonds oversubscribed

DMO offers April FGN savings bonds at N1,000 per unit

April 4, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight
  • IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎
  • ‎ADC erred, APC administrations never spent $18bn on refineries-IMPI ‎

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us