The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Bank of Industry (BOI) have started talks on possible strategies for capacity building in the sector as part of efforts to improve capacity in the Nigerian maritime industry.
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During a visit by the management of the Bank of Industry, led by Executive Director of Large Enterprises, Mrs. Ifeoma Uz’Okpala, the Director General of NIMASA, Dr. Dayo Mobereola, disclosed this information.
He was accompanied in this by Mr. Jibril Abba, Executive Director of Maritime Labour and Cabotage Services. “The Agency’s mandate encompasses capacity development aimed at growing the sector in addition to Safety, Security, and Maritime Labour,” he declared. In addition, he reiterated the Agency’s belief that cooperation is an essential instrument for carrying out its mission. With the establishment of the Ministry of Marine and Blue Economy, in particular, the goal is to actualise the Federal Government’s objective to reposition the marine industry, he stated.
Mrs. Uz’Okpala, Executive Director of Large Enterprises at BOI, said that the Bank is prepared to assist NIMASA. She also underlined how crucial cooperation is to carrying out a strong capacity-building program that will support Nigeria’s economic expansion.
The largest and oldest Development Finance Institution (DFI) in existence in Nigeria is Bank of Industry Limited. It is held by the Central Bank of Nigeria (CBN) (5.19%), private investors (0.01%), and the Ministry of Finance Incorporated (MOFI) of Nigeria (94.80%).
