Business

Maritime Guru Seeks Global Recognition of Nigeria’s Seafarers

Published

6 months ago

September 19, 2024

OCHEFA

A maritime expert, Capt Konni Duniya, says that the global recognition of seafarers in Nigeria’s Maritime sector are in the hands of the Ministry of Marine and Blue Economy, and the NIMASA.

Capt Duniya spoke during the 2024 Lecture Series of the Maritime Academy of Nigeria (MAN) Oron, titled: ‘Addressing Human and Institutional Capacity Development in Nigeria’s Maritime Sector Through Stakeholders Partnership.’

She called on the Federal Government to organise frequent
training for existing seafarers and develop capacity building programs for incoming ones with the use of emerging trends and technologies.

“Nigeria has been on the IMO STCW white list since 2019; however, Nigerian seaferers are yet to benefit from this achievement due to the inability of Nigeria to sign MOU with the most respected countries like UK, Australia and most of Europe.

Signing MOU with such countries will help strengthen our image as a serious maritime nation and open doors for employment of Nigerian seafarers globally.

‘Nigeria is the only country with unemployed seafarers in the world despite the cabotage law which seems to have been poorly implemented,” she said.

She expressed concern that the country will suffer huge shortage of adequate and competent seafarers in the coming years if the manpower Gap created as a result of war, retirement and disruptions in the sector is not urgently addressed.

Capt Duniya, an alumna of the premier maritime institution, also blame the domination of Nigeria’s Maritime sector by seafarers of foreign countries, issuance of fraudulent Certificate of Competency CoC, lack of database to validate cadet’s education, training and experience.

She also identified non-compliance with STCW Convention of International Maritime Organization as one of the major factors and limitations causing low employment opportunities for Nigerian seafarers.

“There needs to for proper housekeeping in NIMASA to combat issues of seatime and licence forgery through the use of block chain and cloud computing.

There is the need for Nigeria to market her seafarers to the global market alongside the signing of MOU like Ghana, South Africa and other countries are doing.

Nigeria seafarers are left to their fate battling poor wages , welfare and living conditions within Nigerian waters while alternatively accepting lower positions outside Nigerian waters which does not give room for consistent career growth,” she said

Related Topics:Featured Maritime Academy Seafarers

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Business

Reps pass bill to give foreign investors Nigerian citizenship

The proposed legislation titled , “A Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999 to include Citizenship by Investment as one of the classes of Citizenship in Nigeria, provide for the Acquisition of Nigerian Citizenship by Qualified Foreign Investors who meet Specified Investment Thresholds and for Related Matters (HB. 2059)” was sponsored by the, Benjamin Kalu, the deputy speaker and some other lawmakers.

Published

12 hours ago

March 27, 2025

OhiBaba

The House of Representatives has passed a bill to give foreign investors Nigerian Citizenship for second reading.

Business Day reports that the bill Is among the constitutional amendment bills which the Green Chamber is considering.

In the explanatory memorandum of the Citizenship by Investment Bill, it seeks to alter the Constitution of the Federal Republic of Nigeria, Cap C23 Laws of the Federation of Nigeria 2004 to introduce a new class of citizenship known as Citizenship by Investment.

The proposed alteration aims to attract foreign direct investment by granting Nigerian citizenship to individuals who invest in the Nigerian economy above a specified financial threshold or in strategic sectors critical to national development.

Business

FG Directs MAN, NECA, FRCN to Review 10% Financial Reporting Levy

Oduwole said the timeline for the suspension would not exceed 60 days, adding that the government is committed to addressing the concerns raised by the private sector.

Published

14 hours ago

March 27, 2025

OCHEFA

The Federal Government has temporarily suspended the implementation of 10 percent financial reporting levy imposed on public interest enterprises by the Financial Reporting Council, for the next two months.

This was in response to the requests by the private sector’s operators – the like of the Manufacturers Association of Nigeria (MAN), and the Nigeria Employers’ Consultative Association and Manufacturers Association of Nigeria (NECA) calling for the suspension of the FRCN Act, which imposes on non-listed entities. a 10 percent penalty on unpaid dues for every month of default, accumulating until full payment.

The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, announced the government’s decision at a Ministerial Consultative Meeting on the Financial Reporting Council Annual Dues for Public Interest Enterprises, yesterday in Abuja.

Oduwole emphasized that the government directed the Financial Reporting Council to pause in the implementation of the new annual dues.

She explained: ” A suspension request by the organised private sector would be in contravention of legislation duly passed by the National Assembly.

A pause is an administrative process simply to review, in line with what we discussed .

”Oduwole said the timeline for the suspension would not exceed 60 days, adding that the government is committed to addressing the concerns raised by the private secto

“We are a listening administration. The private sector has requested a range from three months to an indefinite suspension. We are not going to do that. So, at the most, 60 days is in my estimate.

“We are going to set up a technical working group comprising the FRC and the organised private sector who have formally written in, and this will be reviewed,’ she added.

Business

Police Investigates over N270m Thefts in UBA

CSP Benjamin Hundeyin, the command’s public relations officer, disclosed that the suspects conspired to illegally divert funds from domiciliary accounts into personal accounts before redistributing them to multiple destinations.

Published

3 days ago

March 25, 2025

OCHEFA

The Lagos State Police Command is questioning four officials of the United Bank for Africa (UBA) for alleged thefts of £138,924 (over N270 million) from international airlines’ accounts.

The fraud was uncovered when the bank detected unauthorized transactions and alerted the police.

The arrested officials include Shuaib Oluwatobiloba Olaleye, 27, who was arrested on March 12, 2025, in Ogun State, with a Toyota Camry 2012/2013 recovered from him. Oladunjoye Adegoke, 33, was arrested on March 13, 2025, in Victoria Island, Lagos, with a Toyota Camry (Pencil Light) recovered.

Austin Alfred, 38, Supervisor of the bank’s Trade Services Department, and Jude Uzobuaku, 36, a processor in the same department, were also arrested for facilitating the illegal transfer of funds to foreign accounts.

Police investigations revealed that the stolen funds were initially funneled into an account belonging to one of the suspects before being distributed to multiple other accounts to evade detection. Authorities are now working to identify additional accomplices and recover the remaining funds.

The suspects are in custody and will face prosecution as the investigation continues.

The police have urged the public to report suspicious financial transactions, reiterating their commitment to tackling economic crimes.