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Friday 20 January 2023

Customs Approves Appointment of New Management

 Customs Approves Appointment of New Management Members in Acting Capacities

ZAINAB JUNAID 

Following the statutory retirement of some members of the management team of Nigeria Customs Service, the Comptroller General of Customs has approved the appointment and redeployment of the management members to enhance strategic and effective service delivery.

A statement made available on Thursday evening to maritime Journalists and signed by Compt. Timi Bomodi National Public Relations Officer of Customs disclosed this highlighting the officers as- EI EDORHE DCG Finance Admin & Technical Service; HK GUMMI DCG Tariff and Trade; M ABBA-KURA Ag. DCG Enforcement Inspection & Investigation; AG SAIDU Ag. DCG Human Resource Development; JP AJOKU Ag. DCG Excise, Free Trade Zone & Industrial Incentives; BA ADENIYI Ag. DCG Strategic Research and Policy; GA ITOTOH Ag. DCG Training and Doctrine Command; O Peter's Ag. ACG/Zonal Coordinator Zone ‘D’; AI ALFA Ag. ACG Strategic Research and Policy; HJ SWOMEN Ag. ACG Excise, Free Trade Zone & Industrial Incentives; KC EGWUH Ag. ACG Training and Doctrine Command; MBA MUSA Ag. ACG Tariff and Trade; A DAPPA-WILLIAMS Ag. ACG Enforcement Inspection & Investigation; BM JIBO Ag. ACG Headquarters; A HAMISU Ag. ACG/Commandant Nigeria Customs Command & Staff College; Y SALIHU Ag. ACG Finance & Admin; MI YUSUF Ag. ACG ICT/Modernization; SA BOMAI Ag. ACG Board; CK NIAGWAN Ag. ACG Finance, Admin & Technical Services; KI ADEOLA Ag. ACG Training and Doctrine Command. 

While thanking the retired members of the management for their meritorious service and support, the Comptroller General of Customs, Col. Hameed Ibrahim Ali (Rtd) CFR congratulated the newly appointed Officers and charged them to redouble their efforts in ensuring the Service achieves greater heights in its mandates of revenue generation, suppression of smuggling and trade facilitation.


Jamoh Calls for Stakeholders Engagement

 Jamoh Calls for Stakeholders Engagement in #278.5bn CVFF Disbursement

ZAINAB JUNAID 

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has called for stakeholders engagement in order to hasten disbursement of the recently approved #278. 5bn Cabotage Vessel Financing Fund (CVFF). 

Dr. Jamoh made this call at the Colloquium held on Thursday at Rockview Hotel, Apapa, in honour of late Otunba Kunle Folarin with the theme “Ensuring Effective Disbursement of Cabotage Vessel Financing Fund.”

It could be recalled that the Federal Government approved the disbursement of the (#278. 5bn) CVFF to indigenous ship owners in December 2022 after 17 years of neglect which has hindered expansion of the Shipping Industry. Government also appointed five commercial banks for the disbursement of the fund- Union, Zenith, Polaris, United Bank for Africa and Jaiz Bank respectively. 

The announcement does not only break jinx but also rekindled hope of the ship owners that has lost. 

Speaking as one of the panelists at the Colloquium, Dr. Jamoh noted that the CVFF funds cannot be disbursed easily without stakeholders engagement pointing out that about eight shipping companies have not paid their Ship Acquisitions and Ship Building Funds (SASBF) till date. “More reasons stakeholders needs to be engaged in the disbursement of this funds, “ he said. 

Also speaking on the topic, Jean Chiazor Anichere, (SAN), an expert in the industry explained that a ship owner or company can get about $25 million (N10, 282,023,175.00) and shall have a maximum of seven years’ payback. The CVFF is to be disbursed on a single-digit interest rate of 5.6 percent, 0.25 percent processing fees. 

She went further attributing inaccessibility of funds and lack of transparency as major barrier of Cabotage Vessel Financing Fund (CVFF) since its inception.

To her, “The CVFF, a government-funded initiative established to promote the development of a Nigerian-owned and operated maritime industry has faced limitations and challenges among which she highlighted to include - Lack of transparency; inaccessibility; Limited funds; Bureaucratic process; Limited Impact; Lack of accountability. 

“It is worth noting that these challenges can be addressed with proper management, transparency and stakeholder engagement. A better defined and transparent loan disbursement process, and a system of accountability for the loan use and repayment, would go a long way in addressing some of these limitations,” Jean said. 

However, on the legacy left behind and in memory of late Otunba Kunle Folarin, NIMASA DG, announced at the event that one of the expected Vessel by the agency to be delivered in February has been named after Otunba Kunle Folarin. 

“This is done to honour him for his great contributions in the industry” Jamoh said. 

Other Stakeholders present at the event are High Priest Chris Asoluka, Chief Remi Ogungbemi, NUJ Chairman Lagos State Chapter, Mr. Leye Ajayi Madam Bola Muse, Alhaji Aminu Umar, Madam Vivian – General Manager Nigeria Chamber of Shipping, Chief Jolapo Isaac. They regarded Otunba Kunle Folarin as a living legend maritime economist, a cerebral and an encyclopedia who had lived his life not only to impact the young ones but laid a legacy, a foot print that other stakeholders must build on.