In midst of economic uncertainties and greater revenue drive by government, Dr. Dakuku Peterside, Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA has inaugurated a committee to review the merits/demerits for the three percent freight benchmark collected by the Agency in a bid to advance Nigeria’s global maritime interests and or competitiveness.

According to Dakuku, the inauguration of the committee is in response to complaints by the Shipping Association of Nigeria, which expressed concern on factors/reasons for the 3% charge.

The shipping companies had argued that the benchmark did not represent three per cent of the freight and that if it is calculated using some other parameters, it will be discovered that they are being charged more than what they should pay.

While inaugurating the committee, Dr. Peterside said “As an organization that is sensitive, we acknowledge that our actions have overall impact on businesses and our function as a regulatory agency is not to stifle business, but to encourage businesses, promote shipping and support both indigenous entrepreneurs and those who do business in our country.

Our ultimate objective is to create the enabling environment for the industry to thrive, not for us to kill the industry. We realize that there must be a meeting point between practitioners in the industry and those of us who are on the regulatory side. It is on that basis that we decided to assemble a team of Stakeholders; a mixed team made up of practitioners in the industry, other regulators and other Stakeholders to come together to advise us on what should constitute our benchmark”.

He charged the committee to let the overall national interest guide their decisions, not how much money that will come to the coffers of NIMASA and to them as businessmen.

In his words “Let us be guided by the national interest of our country and the interest of the industry where we are all practicing. Whatever we  do must be in line with global best practices, so that we will remain competitive”.

The committee has six (6) weeks to submit its recommendations, which will be studied by the Management of the Agency and thereafter forwarded to the Minister of Transportation, Rt. Hon. Rotimi Amaechi in line with Section 5, Sub (1) of the NIMASA Act, 2007 for further action.