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Senior Advocate, Anisere Highlights Limitations of CVFF; NIMASA marks New-Built, Otunba Folarin

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Senior Advocate, Anisere Highlights Limitations of CVFF; NIMASA marks New-Built, Otunba Folarin

… As Sambo eulogize late Otunba Folarin at Night of Tribute ***

Lagos Lawyer and Maritime Stakeholder at the weekend identified the benefits and limitations of the 30years old Cabotage Vessel Financing Fund (CVFF) even as the enabling Act is undergoing amendment at the National Assembly, going by indications from the Director General of the Apex Maritime regulatory agency, the Nigerian Maritime Administration and Safety Agency (NIMASA).          

 The good and bad virtue of the CVFF was contained in a paper presented at the colloquium organised in honour of the late Otunba Kunle Folarin, by his friends in the maritime media in Lagos.  

Senior Advocate of Nigeria (SAN), Mrs Chiazor Anisere said although the fund would be disbursed through primary lenders, it may not be sufficient for its intended purpose.  

According to her, the previous maritime fund was marked by the lack of transparency on the part of its administrator, the inaccessibility by stakeholders, bureaucratic bottleneck, lack of accountability and limited impact on the industry.

She, therefore, urged NIMASA to demonstrate a high level of transparency and accountability in the disbursement of the fund.

“NIMASA should be transparent by letting people know how much we have in the fund and how to access it.

“NIMASA will also need to be highly accountable by reporting to the public concerning the overall fund, disbursement and the number of beneficiaries, including the balances from time to time”, the Senior Advocate of Nigeria said. 

 She maintained that, if the fund is efficiently and transparently managed, it would develop the industry through fleet development and vessel acquisition, create jobs for seafarers, encourage indigenous participation in taking back the industry from foreigners and above all improve maritime safety and security, because of increased activities within the country’s coastal areas. 

Chiazor said since no one is expected to get more than $25 million with 7 years payback time at single digit interest rate, there was a need for NIMASA, to develop a clear financial mechanism for the fund, so as not to go the way of the defunct Ship Building And Ship Acquisition Fund.

Besides, she urged the agency to set up a monitoring mechanism for the beneficiaries so as to get the necessary feedback needed to sustain the fund and by making sure local shipping practitioners participate, so as to achieve the goal of the fund.

To move the industry forward, the Senior Advocate and maritime lawyer suggested the establishment of a sustainable local shipyard to stop dependency on foreign yards, streamline the process of vessel acquisition, including import procedures and monitor the impact of CVFF, using the service of professionals.

 The highlight of the event was the naming of a vessel after the late Otunba Kunle Folarin by the NIMASA Boss, as Dr. Bashir Jamoh announced that the agency was expecting two vessels, adding that one of them would be marked Otunba Kunle Folarin.

Jamoh also gave a reason for the late disbursement of the fund, saying the fund is presently in the Single Treasury Account of the Federal government and that application and approval was needed to get the fund money out for disbursement.

In a related development, the late Otunba Sunday Olakunle Folarin has been described as a Maritime Repository of Knowledge.

The Minister of Transportation, Mu’azu Jaji Sambo, said this during a night of tribute in honour of the late maritime icon at Harbour Point, Victoria Island, Lagos.

The Minister who described the late icon as a gentleman added that death has taken away a great friend and a loving personality.

“We are gathered here today in memory and honour of our dear colleague Otunba Olakunle Afolarin. The nation has lost a maritime repository of knowledge, an experienced maritime practitioner, a voice of the ideal, a highly cerebral gentleman and most importantly, a friend.

“Death has taken away a genuinely warm individual, a loving husband, and a father and deprived so many others, including us all, of a good friend.

“While we mourn the loss of our dear friend, we pay tribute and celebrate a life that was well lived. A life committed to excellence and best practices in the country’s maritime sector,” he said.

While paying tribute to Otunba Olakunle Folarin, the minister recalled their last meeting where the late icon spoke on several interventions of President Muhammadu Buhari in the maritime sector.

According to Sambo, the late maritime icon spoke with experience and sincerity of purpose while making valid suggestions.

“I remember vividly his last meeting in my office, sitting opposite me as he speaks with glee on the numerous intervention that President Muhammadu Buhari’s led administration can on a short-term introduce to the maritime sector.

“He spoke from a depth of conviction, years of experience and sincerity of purpose. His passion was infectious, his conviction was palpable, his banters were endearing, and his suggestions were valid,” he stated.

Sambo said a lot was in the pipeline through the ingenuity of the intellectual doyen that will further enhance the dynamics of operation in the country’s maritime sector, and in honour of his memory,

“I will ensure they are brought to fruition and also include those I cannot achieve in the handover note to my successor. Every moment of his life was dedicated to improving the maritime sector, either in passing down knowledge or being a constructive critic to ensure the ideals are upheld in the sector. He served well and lived well.

“Life can be fleeting. But a life lived to the fullest stays in fond memories. Otunba through his decorum and grace endeared himself to many.

“May his legacies endure, may his eternal voyage to the undying land be smooth, and may the Almighty Allah repose his soul and grant the family he left behind the fortitude to bear the loss.

“Seneca, the wise man of old once said, “ if one does not know to which port one is sailing, no wind is favourable” we should live daily with the knowledge of life’s brevity and daily do good. When the tales of our lives are told in the days to come, they will be of honour, sincerity and triumph.

“May Otunba’s memory be blessed. God bless the seeds he left behind, God bless the Maritime industry and God bless the Federal Republic of Nigeria,” he said.

Economy

LASG Issues Travel Advisory Ahead Of Students Rave Event

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LASG Issues Travel Advisory Ahead Of Students Rave Event

… Says traffic will be restricted between Police Zonal Headquarters, Zone 2 and Onikan Roundabout from 7:00 am*** 

The Lagos State Government has advised Motorists to plan their movement around Mobolaji Johnson Arena, Old Onikan Stadium, Lagos Island ahead of the Students Rave 2023 event scheduled for Friday, 27th January 2023.

As a result of the above rally, the Commissioner for Transportation, Dr. Frederic Oladeinde disclosed that traffic will be restricted between Police Zonal Headquarters, Zone 2 and Onikan Roundabout from 7:00 am on the aforementioned day. He assured that Officers of the Lagos State Traffic Management Authority, (LASTMA) will be available to manage traffic flow.

Explaining the alternative routes, Oladeinde advises Motorists plying Island Club road by Police Headquarters Zone 2, Onikan to go through Ozumba Mbadiwe road inbound Falomo Bridge (Five Cowries Bridge) to link Alfred Rewane and Osborne road to complete their journeys.

In the same vein, Motorists from Bonny Camp according to the diversion plan can access CMS/Marina Bridge after Independence Bridge (Mekunwen Bridge) and loop it down towards Cathedral Church to connect Lagos Island proper through Odunlami Street for their desired destinations,

The Transport Commissioner also advises Motorists to utilize Force road beside Muson Centre to link J.K Randle Avenue (Race Course) or go through Onikan Roundabout to connect JK Randle Avenue/Water Board area to access CMS Bridge by the State House/Old NITEL Building.

He further explained that Water Board inbound Broad Street to Tinubu Square will be available to Motorists, adding that they can equally access Old Defense road/ Ganiyu Smith from Water Board to link Igbosere/Sandgrouse to Simpson Street and connect Third Mainland Bridge to continue their journeys to other parts of the State.

The Transport Commissioner reiterated that Security and Law Enforcement Agencies will be at all strategic junctions and intersections to ensure the safety and security of all road users and the free flow of traffic within the perimeter of the venue and alternative routes outside the venue.

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Health and Safety

Military Destroys 39 Illegal Refineries, Apprehends Oil Thieves; Niger Lifts Curfew on Lambata

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Military Destroys 39 Illegal Refineries, Apprehends Oil Thieves; Niger Lifts Curfew on Lambata

 Defence Headquarters says the troops of the Joint Task Force, Operation Delta Safe, have in the last two weeks destroyed 39 illegal oil refining sites in the South-South zone.

The Director, Defence Media Operations, Maj.-Gen. Musa Danmadami made this known at a bi-weekly news briefing on military operations on Thursday, in Abuja.

Danmadami said the troops in the conduct of Operation Octopus Grip and other operations destroyed 48 cooking ovens, 103 storage tanks, 27 dugout pits and 33 wooden boats during the period.

He said the troops also recovered one tug boat, a barge, 3 pumping machines, three speedboats and 13 vehicles.

According to him, troops recovered 274,000 litres of crude oil, 71,000 litres of Automotive Gas Oil, and 15 Ak47 rifles, while 40 suspected economic saboteurs were arrested.

“All recovered items and apprehended suspects have been handed over to the appropriate authority for further action,” he said.

“Equally, the air component of Operation Delta Safe conducted air interdiction to several illegal refining sites and creeks at Gogokiri Degema and Okrika Local Government Areas both in Rivers State between Jan. 12 and Jan. 24.

“Crew observed the sites to be active makeshift tents sighted as well as illegal refining activities been carried out.

“Targets were engaged with weapons and the locations were observed to have exploded in an inferno while the illegal refining equipment were also destroyed,” he said.

In South East, defence spokesman said the military and other security agencies had sustained the offensive against the activities of the outlawed Indigenous People of Biafra/Eastern Security Network criminals in the zone.

He said the troops had neutralised six terrorists, arrested 24 and rescued 16 abducted civilians.

According to him, several calibres of arms and ammunition including AK47 rifles, pump action rifles, IEDs and locally made explosive pipes among other items were also recovered.

In another development, Gov.  Abubakar Sani-Bello of Niger has directed the lifting of the curfew on Lambata town in Gurara Local Government Area of the state.

The directive is contained in a statement by the Secretary to the state Government, Mr Ahmed Matane in Minna on Thursday.

The governor had on Jan. 15 imposed from 6 p.m. to 6 a.m. as a result of a violent clash that led to the killing of the village head of Lambata, Alhaji Muhammed Abdulsafur.

Matane explained that the lifting of the curfew would begin on Jan. 26.

He said that the curfew was lifted having reviewed the security situation and return of peace in Lambata town and environs.

He said that the state Commissioner of Police, Mr Ogundele Ayodeji had visited Lambata town and commenced investigation into the matter that led to the killing of the village head, stressing that arrests had also been made in connection with the violent clash.

Matane, however, urged the people of Lambata and the public to always be law-abiding and to remain peaceful with one another regardless of social, political or religious affiliations.

According to him, security agencies have been directed to ensure the safety of lives and property of the people of the area.

Matane noted that the governor thanked the residents of Lambata town for their understanding in complying with the curfew.

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crime

Adamawa Violent Crimes: Police arrest 208 suspects in January, Recover AK47 riffles, locally fabricated guns

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Adamawa Violent Crimes: Police arrest 208 suspects in January, Recover AK47 riffles, locally fabricated guns

The Police Command in Adamawa says it has arrested 208 suspects in connection with various crimes in the state.

The Commissioner of Police (CP) Sikiru Akande, disclosed this at a news conference in Yola on Thursday.

Akande disclosed that 108 of the suspects had already been charged in court.

He disclosed that the suspects were arrested in connection with suspected Kidnapping, armed robbery, cattle rustling and other violent crimes.

According to him, seven AK47 riffles, seven locally fabricated guns, generators, and televisions among other exhibits, were recovered.

“Early this year the command renewed its commitment and designed a security template to deliver on the mandate of the IGP Usman Alkali Baba to leave a deepened legacy of Democratic system and credible electoral process in the country.

“From Jan. 1st to date, the command operatives carried out tactical and intelligence-driven patrols, raiding of criminal hideouts, rescue operations, stop and search operations, community policing, and engagement of stakeholders among others.

“These operations yielded positive results and a total of 208 suspects were arrested in connection with kidnapping, armed robbery, cattle rustling and other violent crimes, out of which 108 suspects were charged to court.”

Akande commended the government and people of Adamawa for the support and cooperation rendered to the command that yielded the success recorded.

He gave assurance that all the suspects would be diligently prosecuted upon completion of investigation.

“Those at large will equally be traced and made to face the wrath of the law,” he said.

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