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Weekend Ginger: Christendom And An Innocuous Law Called FRC Code

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  • Efon n’ja baalu… No Enemy is Small Enemy! 

Efon n’ja baalu! Mosquito can crash aeroplane was his nickname! He was the most fragile of the three musketeers in the school. So, no one takes him seriously. Until most often, too late. Just as it happened last Saturday, when the General Overseer (GO), Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye surrendered the GO-ship of Nigeria’s mantle, having been overwhelmed, by an overlooked Mosquito of a Civil Servant!

But though the drama ended abruptly, like in the days of the Biblical Mordecai and Harman, the message of the book: ‘The 48 Laws of Power’, would remain indelibly green in the memories of many: that: No Enemy, is a Small Enemy!

Ginger 2

Thank God for a timely and decisive reaction of President Muhammadu Buhari. He wrung the Mosquito by the neck, and dismantled its stagnant watery stronghold!  Even before the ever watchful, and adventurous Peoples Democratic Party (PDP) could cash on it!

Nevertheless, Nigerians are yet to be convinced of the exact roles of the Vice President, Prof Yemi Osinbajo in the entire script! Did he or, did he not see it coming?

The major lesson of the drama, perhaps, is that no one is prudently and conscientiously, watching Buhari’s back, a situation which has enabled adventurous King’s men, arbitrarily and sometimes recklessly, take the laws into their hands, most often, to the detriment of President Buhari and good governance!

Efon n’ja Baalu!! It was a nickname of one innocuous classmate. And perhaps, the Mosquito might have done more than crash land a Boeing 737, but for the wisdom of a prompt suspension of the implementation of an Innocuous law called the Corporate Governance Code; the sacking of the Executive Secretary, Financial Reporting Council of Nigeria (FRCN), Mr Jim Obazee, and quick replacement by Daniel Asapokhai.

Ginger 3

Unbelievably, some uninformed Christian ‘faithfuls’ had begun massive ‘white fast and prayers against ‘every attempt’ by Buhari’s Government to suppress Churches, Christianity and the entire Christian leaderships, for an eventual ‘selfish’ Islamization of Nigeria!

Now, how many people know that Buhari had nothing to do with the codification of the FRCN law? How many people know that even the Minister of Trade, Mr Okechukwu Enelamah allegedly begged Obazee not to touch, let alone implement the law, while the people were still lamenting the biting effects of the economic downturn?

Ibrahim Magu is relaxed now.
Let Godwin Emefiele, the CBN Governor continue to celebrate!

The King’s men!  And then, the Public Servants.
Once their name was Civil Servants. In those days, they constituted a body of highly efficient, objective and independently-minded people, always on touch, yet never heard; forever, keeping Government’s secrets, Secret! But a few have since turn coat; and metamorphosed into ‘Evil’ Servants, padding budgets, corrupting Ministers and misleading Board Directors, Commissioners and other Political appointees!

Talk to political appointees undergoing EFCC probes today and you may be shocked to discover that most of them were actually misled or influenced, by over zealous ‘Evil’ Servants. Yet, it is the same Evil Servants who leaked the ‘Secret’  clandestine sharp practices to their ‘Successors’, all in bid to prove their un-spared loyalty; all in bid to make the new appointee a next victim and easy mincemeat!
When was the last time you visited some Government Secretariat?  Especially, when salaries are not paid?  Now, who would rescue Nigeria from the ‘Evil’ Servants?!!

In the meantime, let’s remember to pray for Buhari, on how he maneuvers the jigsaw, as he waltz through a minefield called South-Kaduna ‘Islamization’/ Fulani herdsmen debacle.

Let us pray for Buhari as he leaves the shouldering old ‘fire’ in Nigeria, to swoop and exterminate a newly developing combustion in Gambia, knowing full well that as he pleads with Jammeh to step down, he would on the television network, also be watching some groups of demonstrators in Nigeria, either protesting the fainted Naira that has inched towards N500 per Dollar; or the Niger Delta people, swearing violently, that they would not fold their hands any longer and watch a further ‘humiliation’ of their kinsman, former President Goodluck Jonathan’s family!

Let us pray for Buhari, knowing full well that, while he thinks his cup of headaches is full, the King’s men and the overzealous ‘Evil’ Servants are still painstakingly hatching a new line of migraine, for the one-way minded President!

Obviously, this wasn’t what the revered educationist, Dr Tai Solarin meant when he gave his 1964 legendary salute: May Your Road Be Rough!

The Road shouldn’t be rougher than this!
May the President live forever!!!

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WAIVER CESSATION: Igbokwe urges NIMASA to evolve stronger collaboration with Ships owners

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…Stresses the need for timely disbursement of N44.6billion CVFF***

Highly revered Nigerian Maritime Lawyer, and Senior Advocate of Nigeria (SAN), Mike Igbokwe has urged the Nigeria Maritime Administration and safety Agency (NIMASA) to partner with ship owners and relevant association in the industry to evolving a more vibrant merchant shipping and cabotage trade regime.

Igbokwe gave the counsel during his paper presentation at the just concluded two-day stakeholders’ meeting on Cabotage waiver restrictions, organized by NIMASA.

“NIMASA and shipowners should develop merchant shipping including cabotage trade. A good start is to partner with the relevant associations in this field, such as the Nigeria Indigenous Shipowners Association (NISA), Shipowners Association of Nigeria (SOAN), Oil Trade Group & Maritime Trade Group of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

“A cursory look at their vision, mission and objectives, show that they are willing to improve the maritime sector, not just for their members but for stakeholders in the maritime economy and the country”.

Adding that it is of utmost importance for NIMASA to have a through briefing and regular consultation with ships owners, in other to have insight on the challenges facing the ship owners.

“It is of utmost importance for NIMASA to have a thorough briefing and regular consultations with shipowners, to receive insight on the challenges they face, and how the Agency can assist in solving them and encouraging them to invest and participate in the maritime sector, for its development. 

“NIMASA should see them as partners in progress because, if they do not invest in buying ships and registering them in Nigeria, there would be no Nigerian-owned ships in its Register and NIMASA would be unable to discharge its main objective.

The Maritime lawyer also urged NIMASA  to disburse the Cabotage Vessel Financing Fund (CVFF)that currently stands at about N44.6 billion.

“Lest it be forgotten, what is on the lips of almost every shipowner, is the need to disburse the Cabotage Vessel Financing Fund (the CVFF’), which was established by the Coastal and Inland Shipping Act, 2003. It was established to promote the development of indigenous ship acquisition capacity, by providing financial assistance to Nigerian citizens and shipping companies wholly owned by Nigerian operating in the domestic coastal shipping, to purchase and maintain vessels and build shipping capacity. 

“Research shows that this fund has grown to about N44.6billion; and that due to its non-disbursement, financial institutions have repossessed some vessels, resulting in a 43% reduction of the number of operational indigenous shipping companies in Nigeria, in the past few years. 

“Without beating around the bush, to promote indigenous maritime development, prompt action must be taken by NIMASA to commence the disbursement of this Fund to qualified shipowners pursuant to the extant Cabotage Vessel Financing Fund (“CVFF”) Regulations.

Mike Igbokwe (SAN)

“Indeed, as part of its statutory functions, NIMASA is to enforce and administer the provisions of the Cabotage Act 2003 and develop and implement policies and programmes which will facilitate the growth of local capacity in ownership, manning and construction of ships and other maritime infrastructure. Disbursing the CVFF is one of the ways NIMASA can fulfill this mandate.

“To assist in this task, there must be collaboration between NIMASA, financial institutions, the Minister of Transportation, as contained in the CVFF Regulations that are yet to be implemented”, the legal guru highlighted further. 

He urged the agency to create the right environment for its stakeholders to build on and engender the needed capacities to fill the gaps; and ensure that steps are being taken to solve the challenges being faced by stakeholders.

“Lastly, which is the main reason why we are all here, cessation of ministerial waivers on some cabotage requirements, which I believe is worth applause in favour of NIMASA. 

“This is because it appears that the readiness to obtain/grant waivers had made some of the vessels and their owners engaged in cabotage trade, to become complacent and indifferent in quickly ensuring that they updated their capacities, so as not to require the waivers. 

“The cessation of waivers is a way of forcing the relevant stakeholders of the maritime sector, to find workable solutions within, for maritime development and fill the gaps in the local capacities in 100% Nigerian crewing, ship ownership, and ship building, that had necessitated the existence of the waivers since about 15 years ago, when the Cabotage Act came into being. 

“However, NIMASA must ensure that the right environment is provided for its stakeholders to build and possess the needed capacities to fill the gaps; and ensure that steps are being taken to solve the challenges being faced by stakeholders. Or better still, that they are solved within the next 5 years of its intention to stop granting waivers”, he further explained. 

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Breaking News: The Funeral Rites of Matriarch C. Ogbeifun is Live

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The Burial Ceremony of Engr. Greg Ogbeifun’s mother is live. Watch on the website: www.maritimefirstnewspaper.com and on Youtube: Maritimefirst Newspaper.

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Wind Farm Vessel Collision Leaves 15 Injured

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…As Valles Steamship Orders 112,000 dwt Tanker from South Korea***

A wind farm supply vessel and a cargo ship collided in the Baltic Sea on Tuesday leaving 15 injured.

The Cyprus-flagged 80-meter general cargo ship Raba collided with Denmark-flagged 31-meter wind farm supply vessel World Bora near Rügen Island, about three nautical miles off the coast of Hamburg. 

Many of those injured were service engineers on the wind farm vessel, and 10 were seriously hurt. 

They were headed to Iberdrola’s 350MW Wikinger wind farm. Nine of the people on board the World Bora were employees of Siemens Gamesa, two were employees of Iberdrola and four were crew.

The cause of the incident is not yet known, and no pollution has been reported.

After the collision, the two ships were able to proceed to Rügen under their own power, and the injured were then taken to hospital. 

Lifeboat crews from the German Maritime Search and Rescue Service tended to them prior to their transport to hospital via ambulance and helicopter.

“Iberdrola wishes to thank the rescue services for their diligence and professionalism,” the company said in a statement.

In the meantime, the Hong Kong-based shipowner Valles Steamship has ordered a new 112,000 dwt crude oil tanker from South Korea’s Sumitomo Heavy Industries Marine & Engineering.

Sumitomo is to deliver the Aframax to Valles Steamship by the end of 2020, according to data provided by Asiasis.

The newbuild Aframax will join seven other Aframaxes in Valles Steamship’s fleet. Other ships operated by the company include Panamax bulkers and medium and long range product tankers.

The company’s most-recently delivered unit is the 114,426 dwt Aframax tanker Seagalaxy. The naming and delivery of the tanker took place in February 2019, at Namura Shipbuilding’s yard in Japan.

Maritime Executive with additional report from World Maritime News

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