NIMASA DG Seeks Innovative financing Options to Enhance African’s Maritime Competitiveness

NIMASA DG Seeks Innovative financing Options to Enhance Africa’s Maritime Competitiveness

By prince Benson Davies

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has emphasized the need for innovative financing models to drive sustainable development in Africa’s maritime industry. Speaking at the 7th Association of African Maritime Administrations (AAMA) conference in Dar es Salaam, Tanzania, Mobereola stressed that Nigeria is committed to collaborating with regional and international partners to advance the maritime sector.

In his words, “Nigeria is committed to collaborating on technology and innovation to enhance safety, security, decarbonization, and the marine environment for a sustainable future.” He emphasized that this conference presents a pivotal opportunity to address our shared challenges, particularly those related to sustainable energy, regional security, and economic growth.

“We are here to advocate for innovative financing models and international support that will facilitate sustainable growth. As Nigeria pursues infrastructure development and digital transformation within our maritime sector, we call on our regional and international partners to support these efforts through technical and financial backing. Our priorities at the AAMA conference include exploring collaborative avenues to enhance maritime safety and security. By reinforcing our adherence to frameworks like the Djibouti and Yaoundé Codes of Conduct, we aim to solidify Nigeria’s role in combating piracy and maritime crime across West Africa,” he stated.

The Association of African Maritime Administrations (AAMA) was established to lay a firm foundation for regular consultations, enabling African maritime administrations to build joint positions on issues of common concern in the maritime sector. When Nigeria hosted the 3rd AAMA conference in 2017, a master plan was developed outlining the measures necessary to advance the maritime agenda as envisioned in the African Maritime Transport Charter. The Association has also created a platform to strengthen cooperation at the regional, continental, and international levels, harmonizing policies and goals essential for the growth of the African maritime sector.

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