- As Jamoh seeks abolition of war risk insurance
(Report by Udeme Clement):
Only one year in office, the Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh, has made Nigeria proud by giving the country International recognition, following his hard work and resilience in tackling maritime insecurity in the Gulf of Guinea.
That is not all.
The NIMASA boss is also working tirelessly to ensure abolition of war risk insurance premium on vessels coming to Nigerian Ports.
These were the issues highlighted at the world press conference, organised by NIMASA, at Eko hotel, over the weekend.
Addressing reporters from various media outfits, Dr Jamoh stressed that abolition of war risk insurance imposed on Nigeria will boost maritime trade for greater economic productivity and growth.
The concept of War risk Insurance is often used in shipping, as well as Aviation operations. It covers damages occuring due to invasion, insurrection, hijacking of vessels with cargoes and war.
He frowned that the ripple effect of war risk insurance is felt more by the final consumers, who are paying more for goods coming into the country. As such, the removal of this premium will benefit all Nigerians, and the economy at Large.
The NIMASA boss emphasised that Nigeria has demonstrated sufficient commitments on maritime security not only within its exclusive economic zone but in the entire Gulf of Guinea.
His assertions ; “For instance, the deployment of Integrated National Security and Waterways Protection Infrastructure, also known as the Deep Blue Project since February has reduced incessant attacks on our territorial waters and the Gulf of Guinea.
“The contract for these assets was signed in 2017 but it didn’t begin immediately because
most of the items came in ending of last year (2020).
“Now, we are utilising these items and making tremendous progress in addressing issues of maritime insecurity. When fully implemented, Nigeria will be a force to reckon with.
“Nigeria is not a war zone. Today, Nigeria is being celebrated by the International community on its effort in curbing sea robbery. This is a milestone we have achieved as a country.
“We want the International community to have a rethink on war risk insurance placed on Nigerian bound cargoes.
We are aware that they are listening to this issue. They are saying Nigeria should do more. They want to see more commitments and we will continue to communicate with them.”
Dr Jamoh pointed out, “Gradually, we are taking Nigerian Maritime sector to International level, where everything we do must be in tandem with global best practice.”
More so, recall that President Muhammadu Buhari, during the launch of Deep Blue Project in Lagos recently, openly acknowledged NIMASA’s effort in driving the process, even as International community has also given recognition to what the Agency is doing in curbing piracy in the Gulf of Guinea.
For example, through the effort of NIMASA,
the United Nations (UN) recently commended Nigeria for playing a leading role in maritime security in the Gulf of Guinea. The Secretary General of International Maritime Organisation (IMO), which is a specialised organ of UN on shipping regulations, Mr Kitack Lim, acknowledged that Nigeria has made vital contributions to the fight against piracy and armed robbery in the Gulf of Guinea maritime domain, foremost among them the recent launch of the Deep Blue Project.
Kitack Lim, enthused;
“I would like to extend my deepest appreciation to the Nigerian government for its continued contribution towards endeavours to ensure safe and secure maritime operations in the Gulf of Guinea”.