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              Kenya kicks off Customer Service Week 2025 with ‘Mission: Possible’ theme

              Kenya kicks off Customer Service Week 2025 with ‘Mission: Possible’ theme

              Zimbabwe showcases tourism excellence at AESATA conference

              Zimbabwe showcases tourism excellence at AESATA conference

              6th Africa Public Sector Conference & Awards continue

              6th Africa Public Sector Conference & Awards continue

              VRA bolsters energy sector ties with strategic stakeholder engagements

              VRA bolsters energy sector ties with strategic stakeholder engagements

              South Africa:Bredell urges Ethical leadership to revive  ailing municipalities

              South Africa:Bredell urges Ethical leadership to revive  ailing municipalities

              Tanzania, Zambia strengthen aviation partnership

              Tanzania, Zambia strengthen aviation partnership

              Western Cape hosts summit to boost climate resilience

              Western Cape hosts summit to boost climate resilience

              Trending Tags

              • FEATURES
                Meet Sidi Ould Tah: Newly President of African Development Bank Group

                Meet Sidi Ould Tah: Newly President of African Development Bank Group

                Meet the newly appointed executives steering NNPC Limited

                Meet the newly appointed executives steering NNPC Limited

                Meet Netumbo Nandi-Ndaitwah: Namibia’s First Female President

                Meet Netumbo Nandi-Ndaitwah: Namibia’s First Female President

                Meet Haruna Iddrisu: The Politician, Lawyer, and Latest  Minister of Ghana’s Ministry of Education

                Meet Haruna Iddrisu: The Politician, Lawyer, and Latest  Minister of Ghana’s Ministry of Education

                Meet Agnes Naa Momo Lartey: The Minister Designate for the Ministry of Gender, Children and Social Protection in Ghana

                Meet Agnes Naa Momo Lartey: The Minister Designate for the Ministry of Gender, Children and Social Protection in Ghana

                Meet Justina Nelson: A Banking Visionary and Strategic Leader Who Takes Over MIIF as Acting Chief Executive Officer

                Meet Justina Nelson: A Banking Visionary and Strategic Leader Who Takes Over MIIF as Acting Chief Executive Officer

                Meet Nigeria’s Newly Nominated Ministers

                Meet Nigeria’s Newly Nominated Ministers

                Nigeria’s $5 billion FLNG project gets Presidential endorsement

                FULL TEXT: President of Nigeria 2024 Independence Day speech

                Trending Tags

                • DIGITAL ECONOMY
                  South Africa re-elected to ICAO to enhance Africa’s aviation agenda

                  South Africa re-elected to ICAO to enhance Africa’s aviation agenda

                  Kenya :NLC, Ministry meet to assess  Thwake Dam project

                  Kenya :NLC, Ministry meet to assess Thwake Dam project

                  South Africa:NCC Issues Compliance Notices to 37 Mpumalanga Suppliers

                  South Africa:NCC Issues Compliance Notices to 37 Mpumalanga Suppliers

                  Tanzania signs deal with Cuban firm to enlarge TBPL

                  Tanzania signs deal with Cuban firm to enlarge TBPL

                  Meet Netumbo Nandi-Ndaitwah: Namibia’s First Female President

                  Namibia: President Nandi-Ndaitwah unveils new cabinet

                  Kenya: Ministry of Health outlines SHA compliance measures

                  Kenya: Ministry of Health outlines SHA compliance measures

                  South Africa: Durban Port to expand vehicle terminal

                  South Africa: Durban Port to expand vehicle terminal

                  Botswana, Türkiye aim for stronger ties

                  Botswana, Türkiye aim for stronger ties

                  Nigeria to host 2025 Afreximbank annual meetings

                  Nigeria to host 2025 Afreximbank annual meetings

                  Trending Tags

                  • INTERVIEW
                    Botswana Stock Exchange’s Strategic moves to attract foreign investors: Insights from CEO ; Kopano Bolokwe

                    Botswana Stock Exchange’s Strategic moves to attract foreign investors: Insights from CEO ; Kopano Bolokwe

                    Transforming Botswana’s Public Service: Gaone Manzini on Leadership, Integrity, and Vision for the Future

                    Transforming Botswana’s Public Service: Gaone Manzini on Leadership, Integrity, and Vision for the Future

                    White House Welcomes Kenya William Ruto for First African State Visit

                    White House Welcomes Kenya William Ruto for First African State Visit

                    Sierra Leone Seeks Upstream Partners to Fast-Track Exploration, says Petroleum Directorate

                    Sierra Leone Seeks Upstream Partners to Fast-Track Exploration, says Petroleum Directorate

                    Ghana’s registra department: driving digitization for effecient services

                    Ghana’s registrar department: driving digitization for efficient services

                    Nigerian’s First Lady Aisha Buhari in Talks on Plans After Husband’s Presidency

                    Nigerian’s First Lady Aisha Buhari in Talks on Plans After Husband’s Presidency

                    Cedi expected to end 2020 with less than 5% depreciation to dollar Says Expert

                    Cedi expected to end 2020 with less than 5% depreciation to dollar Says Expert

                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    I cherish and treasure my reputation for probity and accountability,– Dr. Babatunde Ajibade, SAN

                    I cherish and treasure my reputation for probity and accountability,– Dr. Babatunde Ajibade, SAN

                    Trending Tags

                    • EVENTS
                      • PUBLIC SECTOR AWARDS
                      • GHANA PUBLIC SECTOR PR AWARDS
                    • LISTS
                      • All
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                      Ghana: Vice President Bawumia launches Credit Scoring System

                      Ghana: Vice President Bawumia launches Credit Scoring System

                      FAAN MD Olubunmi Oluwaseun Kuku has emerged as Public Sector Global CEO of the Week

                      FAAN MD Olubunmi Oluwaseun Kuku has emerged as Public Sector Global CEO of the Week

                      Sam Shivute, Commissioner General, Namibia Revenue Agency has Emerged as Public Sector Global CEO of the Week

                      Sam Shivute, Commissioner General, Namibia Revenue Agency has Emerged as Public Sector Global CEO of the Week

                      Ms. Hapiloe Sello, Chief Executive Officer, South African National Parks has Emerged as Public Sector Global CEO of the Week

                      Ms. Hapiloe Sello, Chief Executive Officer, South African National Parks has Emerged as Public Sector Global CEO of the Week

                      Dr. Douglas Letsholathebe, Minister of Education and Skills Development, Botswana has Emerged as Public Sector Global Minister of the Week

                      Dr. Douglas Letsholathebe, Minister of Education and Skills Development, Botswana has Emerged as Public Sector Global Minister of the Week

                      Bashir Adewale Adeniyi MFR, Comptroller General, Nigeria Customs Service has Emerged as Public Sector Global CEO of the Week

                      Bashir Adewale Adeniyi MFR, Comptroller General, Nigeria Customs Service has Emerged as Public Sector Global CEO of the Week

                      Ms. Latifa Mohamed Hamis, Director General, Tanzania Trade Development Authority, has Emerged as Public Sector Global CEO of the Week

                      Ms. Latifa Mohamed Hamis, Director General, Tanzania Trade Development Authority, has Emerged as Public Sector Global CEO of the Week

                      The Minister of Health, Morocco, Hon. Khalid Ait Taleb has Emerged as Public Sector Global Minister of the Week

                      The Minister of Health, Morocco, Hon. Khalid Ait Taleb has Emerged as Public Sector Global Minister of the Week

                      Esther Ngari Emerges Public Sector Global ‘CEO of the Week’

                      Esther Ngari Emerges Public Sector Global ‘CEO of the Week’

                      Trending Tags

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                      Home Featured

                      ‘National Fleet Will End Capital Flight’

                      Public Sector Global by Public Sector Global
                      June 17, 2019
                      in Featured, NEWS
                      0
                      N10.8trn investments projected for maritime industry in 2019
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                      The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said that Nigerians will be able to lift crude oil for export immediately the national fleet comes into operation.

                      Dakuku, who was speaking at the Nor Shipping Conference and Exhibition in Oslo, Norway, recently, said it would also end the capital flight associated with the present arrangement where Nigeria sells its oil on free on board basis to customers.

                      The development, he further said, would also lead to job creation.

                      He said the new national fleet would be owned 49 per cent by a technical partner and the balance of 51 per cent by Nigerian investors.

                      According to the plan, the Nigerian investors would hold equity in lots, so there will be no domineering shareholder. He said the planned national fleet would be private sector-led for sustainability and profitability.

                      “The national fleet is part of the country’s new strategic direction on the blue economy, which is designed to tap its maritime potentials.

                      “We are inviting local and foreign investors who are interested in the project to partner with the country. The opportunity in crude freight and right of first refusal to lift cargo generated by all tiers of government are just some of the potential in the sector, “he said.

                      He said the country was also taking its maritime security seriously and has invested in the acquisition of security assets to boost the policing of its waters.

                      These assets, he stated, included patrol boats, special mission aircrafts, helicopters, unmanned air vessels and special mission ships.

                      He noted that the assets, acquired under the ‘Deep Blue Project’, which he calls a homeland security solution, would be operational by September this year with a standing specially trained intervention strike force.

                      He called on investors to tap into the rich potential of the maritime sector in Nigeria, saying the government has incentivised the sector with offers of tax holidays and institutional support.

                      He added that Nigeria remains an investment friendly environment with comprehensive maritime security, a robust financial sector and six port complexes and numerous terminals.

                      “The country accounts for 70 per cent of seaborne trade into west and central Africa and is endowed with a skilled workforce and the world’s ninth largest hydrocarbon deposits, “he said.

                      Tags: CapitalFleetflightNational
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