17th December, 2010
Nigeria may be losing about N3 trillion annually due to frequent changes ofÂ leadership at the nationâ€™s apex maritime regulatory body, the Nigerian MaritimeÂ Administration and Safety Agency (NIMASA), according to the Indigenous ShipownersÂ Association of Nigeria (ISAN).
ISAN disclosed this through its Chairman, Chief Isaac Jolapamo, at a press briefingÂ last Tuesday, adding that instability in the management of the agency has resultedÂ in huge capital flight for the nation.
Comparing the management of NIMASA with those of the Nigerian Civil AviationÂ Authority (NCAA), Central Bank of Nigeria (CBN), Security and Exchange CommissionÂ (SEC), and National Agency for Food Drug Administration and Control (NAFDAC),Â Jolapamo tasked government on the need to allow the current leadership of NIMASAÂ time to plan and execute good developmental programmes for the Nigerian maritimeÂ industry.
â€œThe country is losing over N3 trillion as capital flight because we have notÂ allowed the maritime industry to develop. This is what the Nigerian Shipping ActÂ 2007, The Cabotage Act 2003 and the Nigerian Oil and Gas Industry ContentÂ Development Act 2010 are out to arrest. You need a focused and purposeful leadershipÂ of NIMASA to ensure compliance with these lawsâ€ Jolapamo said.
The ISAN boss added that the stunted development in the maritime industry is notÂ unconnected with frequent leadership changes at the Maritime House.
â€œNCCA was able to record growth and development in the aviation industry leading toÂ Nigeria airports to be in the â€˜White Listâ€™ of ICAO due to stability in theÂ leadership and non-interference by the government.
The same goes for NAFDAC, SEC, CBN and a host of othersâ€ Jolapamo said.