In a bid to enhance capacity in Nigeria’s maritime sector, the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Bank of Industry (BoI) have begun discussions on potential collaborative strategies. The talks were aimed at promoting growth and capacity building within the maritime industry.

Speaking on behalf of NIMASA’s Director General, Dr. Dayo Mobereola, the Executive Director of Maritime Labour and Cabotage Services, Mr. Jibril Abba, emphasized the Agency’s focus on safety, security, and maritime labor, along with its commitment to capacity development. “The aim is to actualize the vision of the Federal Government to reposition the maritime sector, especially with the creation of the Ministry of Marine and Blue Economy,” Abba stated during the BoI’s visit to NIMASA’s headquarters in Lagos.

Mrs. Ifeoma Uz’Okpala, Executive Director of Large Enterprises at BoI, expressed the Bank’s readiness to support NIMASA in this initiative. She emphasized the importance of a collaborative approach in implementing capacity-building programs that can foster economic growth in the maritime industry.

The meeting underscores the strategic role of the Bank of Industry in driving development within Nigeria’s key sectors, as well as NIMASA’s dedication to partnering with relevant stakeholders to achieve sustainable growth in the maritime industry.

The Bank of Industry, Nigeria’s largest and oldest development finance institution, is owned by the Ministry of Finance Incorporated (94.80%), the Central Bank of Nigeria (5.19%), and private shareholders (0.01%).