BREAKING: NIMASA staff kick against ‘fraudulent’ proposal to concession agency’s revenue stream

NIMASA staff kick against ‘fraudulent’ proposal to concession agency’s revenue stream

Staff members of the Nigerian Maritime Administration and Safety Agency (NIMASA) have raised concerns over the management’s approval of a proposal to concession a sizeable portion of the agency’s revenue stream to a private corporation. If approved by the Federal Executive… NIMASA staff kick against ‘fraudulent’ proposal to concession agency’s revenue stream …C0NTINUE READING HERE … Read more

BREAKING: NIMASA vows to eliminate over $1.5bn in war risk premium on Nigerian-bound cargoes

NIMASA vows to eliminate over $1.5bn in war risk premium on Nigerian-bound cargoes

The Nigerian Maritime Administration and Safety Agency has vowed to eliminate Lloyd’s of London, Protection and Indemnity Insurance, and other foreign insurance firms in War Risk Insurance Premium on Nigerian-bound cargoes, which amounted to over $1.5 billion in the last three… NIMASA vows to eliminate over $1.5bn in war risk premium on Nigerian-bound cargoes …C0NTINUE … Read more