Press Releases | 20 Nov, 2018

Nigerian Chamber of Shipping commends implementation of Local Content

The leadership of Nigerian Content Development and Monitoring (NCDMB) has been extolled for exhibiting consistency and transparency in the implementation of Nigerian Content Intervention Fund (NCI) Fund. The President of Nigerian Chamber of Shipping (NCS), Mr Andy Isichei made the commendation on Thursday when he, in company of Obiageli Obi, Director General, Nigerian Chamber of Shipping and Dr. Chris Asoluka, Member of the Governing Council, Nigerian Chamber of Shipping paid a courtesy visit to the Executive Secretary of NCDMB, Engr. Simbi Wabote at the Board’s Head Office in Yenagoa, Bayelsa State.

Speaking on behalf of delegation, President of NCS Governing Council, Mr. Andy Isichei stated that the Council has observed the phenomenal achievements of Engr. Wabote led NCDMB, particularly the transparent way the Board is administering NCI Fund, created to tackle the perennial funding challenge that has impeded the efficiency and competitiveness of local supply chain in the Nigerian Oil and Gas industry. According to him, “we have observed the uncommon achievements of your Board, hence we decided to come and voice our commendation to you and to encourage you to continue the good job you are doing. We are proud of your agency and want to collaborate with you to advocate and propagate the achievements of your Board.”

The Nigerian Chamber of Shipping (NCS) is a trade association for the Nigerian maritime industry, comprising ship owners, tanker vessel operators, port/terminal operators, shipyard/dry dock owners, and upstream and downstream service operators in oil and gas sector, international maritime/shipping operators, maritime lawyers, and financial institutions. It is the umbrella body in Nigeria for stakeholders in the shipping /maritime sector.

Mr. Isichei explained that the aims and objectives of NCS include to act as an advocate for the industry on issues of shipping policy (formulation, implementation and monitoring), maritime affairs, technical matters, to promote best practice among members to meet international standards, support the growth and development of international trade in Nigeria and to cooperate with other agencies, statutory and non-statutory, to ensure implementation of a regulated environment for effective maritime administration, safe shipping operations, and fair and competitive shipping cost regimes.

He stated that the courtesy visit to the Board was motivated by the desire to advance the main objectives of the Chamber, which includes to promote the interest of its members and deepen international maritime commercial activities in Nigeria. Thus, he added, “we want to collaborate with the Board in the area of training of Marine Cadets and other aspects of capacity building to optimize the gains of local content in the maritime industry”.

In his response, the Executive Secretary of NCDMB, Engr. Simbi Wabote thanked members of the NCS Governing Council for their kind remarks and interest in the activities of the Board. He explained that the Board is very disposed to partner with critical stakeholders like NCS ensure fulfilment of the Board’s mandate.

On the training of cadets, Wabote advised the NCS to partner with the Maritime University at Okerenkoko, Delta state for which he promised that NCDMB will support the training costs. He expressed his vision that cadet trainings must be domiciled in Nigeria to make it more cost effective. He encouraged NCS to look at it from a tripartite perspective involving NCDMB, NCS and Maritime University Okerenkoko, Delta state. He urged NCS to come up a proposed Memorandum of Understand (MoU) to underpin its partnership aspirations with the Board for consideration and harmonization.

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