Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, stated that a reduction in reported cases of piracy in Nigerian waters would end the regime of War Risk Insurance premium on Nigeria-bound cargoes.
Dr. Jamoh explained that the international shipping community had acknowledged the progress made by Nigeria in its quest for security in the Gulf of Guinea.
As he said, the sharp decrease in maritime incidents logged in IMB’s second quarter report was a valuable feedback on the agency’s campaign for Nigeria’s delisting from countries under the war risk insurance burden.
Feedback on our campaign for Nigeria to be removed from countries paying war risk insurance premium on inbound cargoes has confirmed that the international shipping community is watching developments in Nigeria and the Gulf of Guinea with keen interest
Dr. Jamoh also emphasised that since the deployment of the Deep Blue Project assets in February, there has been a steady decline in piracy attacks in Nigerian waters on a monthly basis.
On his part, Executive Secretary of the Nigerian Shippers’ Council, Hon. Emmanuel Jime urged for greater collaboration among government agencies to enable the country achieve full economic benefits of the maritime sector.
The Executive Secretary also stressed that there was no better time to have a national carrier than now, when the world was gradually looking away from fossil fuels, the current mainstay of the Nigerian economy.
