is hope in the horizon for the high level of insecurity in Nigeria’s waterways as the Nigerian Maritime Administration and Safety Agency , has established the Integrated Security and Waterways Protection Infrastructure known as Deep Blue Project to drastically reduce criminalities in the Gulf of Guinea.
As regards vessel acquisition, Peterside said, “The high cost of vessel acquisition is gradually edging out a lot of indigenous players in the maritime sector,” adding that NIMASA was going all out to reverse the trend. He explained that the Agency was already in discussion with the NCS and the Finance Ministry to ensure that a special tariff window was created for vessel acquisition, as part of efforts to build capacity and create jobs for Nigerians in the maritime sector.
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