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        Oyetola flags off PMAWCA Board Meeting, says Nigeria expanding port capacity to lead regional trade

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        SIFAX Group Chairman backs call for African businesses to build large corporations

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        Customs launches Smart Declaration Platform to end airport delays

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        Oyetola flags off PMAWCA Board Meeting, says Nigeria expanding port capacity to lead regional trade

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          Nigerian Navy seeks stronger maritime security collaboration

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          Private Boat Operators demand CVFF to boost their operations

          onepageafrica by onepageafrica
          June 4, 2020
          in Uncategorized
          0
          Private Boat Operators demand CVFF to boost their operations
          Share this

          The Lagos Commercial
          Private Boat Operators District, an arm of the Maritime Workers Union of Nigeria
          (MWUN) on Wednesday requested to be supported with a portion of the Cabotage
          Vessel Financing Fund (CVFF) to enable them address some of their operational
          challenges.

          Onepageafrica reports that
          the CVFF, which was established in 2003, and operational in 2004, is collected from
          the two per cent deductions from all contracts granted under the Cabotage
          regime.
          This fund, which the
          Nigerian Maritime Administration and Safety Agency (NIMASA) is mandated to disburse
          appropriately, is designed to help indigenous shipowners boost their
          operations.
          The boat operators’
          request was made known by Mr. Abdul Erodje, a member of the association, who
          also represented the President General of the MWUN, Mr. Adewale Adeyanju on the
          occasion of the Customer Service Week celebration hosted by NIMASA in Apapa
          Lagos.
          Erodje noted  that the funds would enable the association’s members
           solve some of their operational
          challenges including high cost of boats and outboard motor engines, standard
          life jackets, boat anchors and others.
          He said: “We are asking
          NIMASA to make available a small percentage of the CVFF to be deployed to this area,
          to enhance the development of waterways transportation in Lagos State and nation-wide.”
          Likening their demand to
          that of the indigenous shipowners, Erodje 
          said “With proper management, this fund so deployed by NIMASA will
          enable the local boat operators to acquire standard boats to provide
          internationally accepted inland waterways transportation services to the citizens
          of Nigeria, just like the indigenous shipowners are going to use the CVFF for standard
          vessels to compete favourably with their foreign counterparts in that sector,
          because boats and vessels are all conventional means of transportation.”
          He expressed his conviction
          that the funding of the local boat operators by NIMASA to acquire standard
          boats would also form part of the local content development drive of the agency.
          While the association
          wants NIMASA to establish search and rescue volunteer groups and taking up
          their training, it also requested that NIMASA collaborate with relevant
          stakeholders in the industry to perfect registration of members and training/
          certifying them on Power-Driven Small Crafts, ferries, pleasure boats to
          establish a pool of well-trained workforce that employers can pick from.
          The association, Erodje
          said, was confident that the above-mentioned initiative would save the industry
          the burden of employing untrained boat workers who could pose dangers to other
          boat operators and passengers alike.

          Tags: boat operationsCabotage Vessel Financing Fundmaritimemaritime workers union of NigeriaNewsNIMASAsafety and securityspotlight
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