NIMASA Renews Downward-reviewed Stevedoring Rates

December 19, 2021
DG NIMASA, Bashir Jamoh

The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced renewal of the revised Offshore Cargo Handling and Operations rates contained in the Second Schedule of the NIMASA Stevedoring Regulations 2014.

This, the agency said, is in line with its efforts to mitigate the impact of COVID-19 pandemic on socio-economic activities.
In a statement released by the Assistant Director, Public Relations, NIMASA, Edward Osagie, on Sunday, NIMASA said it was renewing  the rates, which had earlier been reviewed downwards,  for a period of six months.

Director General of NIMASA, Dr. Bashir Jamoh, said renewal of the reviewed stevedoring rates was in line with the Agency’s determination to make the best of a bad situation occasioned by the pandemic in order to help businesses that were negatively affected.

Join our WhatsApp Channel

“The idea is to make this unpleasant pandemic moment as friendly as possible to both businesses and the economy, in general. We are aware of the adverse effect of COVID-19 on business globally, how it has distorted business plans and skyrocketed costs in various sectors, particularly, the petroleum industry.

“In NIMASA, we have a strategic plan to make the best of the bad situation, which we have continued to implement,” Jamoh stated.

The reviewed stevedoring rates apply to dry bulk cargo, liquid bulk cargo, onshore stevedoring, and offshore royalty.

The Agency’s regulatory powers under the Nigerian Maritime Administration and Safety Agency Stevedoring Regulations 2014 empowers it to review fees, levies, and charges stipulated in the regulations and issue directives accordingly.

 

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Republic - Uwazurike
Previous Story

CCDI Petitions Nigerian Police, Defence Chiefs To Reduce Checkpoints On Southeast Roads

Next Story

Man City Compounds Newcastle’s Troubles, Thrash Toons To Remain Top Of League

Featured Stories

Anioma State: Reason Above Sentiments

Hungry Abuja Pikin: A Reflection

By Emmanuel Onwubiko When in 1992, the then self -styled military president of Nigeria, four stars General, the gap-toothed Ibrahim Badamasi Babangida,

Latest from News

Jonathan: PDP Remains Alive, Strong Ahead of 2027

Former President Goodluck Ebele Jonathan has dismissed claims that the Peoples Democratic Party (PDP) is weakened or near collapse, insisting that the party remains alive, strong and resilient despite its current internal challenges. Jonathan made the remarks on Tuesday evening, January 6,
Republic - Uwazurike
Previous Story

CCDI Petitions Nigerian Police, Defence Chiefs To Reduce Checkpoints On Southeast Roads

Next Story

Man City Compounds Newcastle’s Troubles, Thrash Toons To Remain Top Of League

Don't Miss

The Crow

The Crow 2024 Version Released Amid Criticism As Producer Reacts

Eric Draven made the much awaited return in The Crow
Revolutionizing Africa’s Digital Payment Landscape: RegTech Africa & Agpaytech Unveil Groundbreaking Research 

Revolutionizing Africa’s Digital Payment Landscape: RegTech Africa & Agpaytech Unveil Groundbreaking Research 

lluminate Path to Digital Payment Dominance with 91% of participants