NIMASA reduces Stevedore rates

The Director-General NIMASA, Dr Bashir Jamoh

The Nigerian Maritime Administration and Safety Agency (NIMASA) has lowered offshore cargo handling and operations, as well as stevedoring rates.

Dr Bashir Jamoh, the Director-General, stated in Lagos on Sunday that it was in furtherance of its efforts to mitigate the effects of the COVID-19 pandemic.

Jamoh stated that the rate reduction would be for a six-month period.

He did not, however, reveal the new rates.

“The goal is to make this unpleasant pandemic period as friendly to businesses and the economy as possible.”

“We are aware of COVID-19’s negative impact on global business; how it has distorted business plans and skyrocketed costs in various sectors, particularly the petroleum industry.”

“At NIMASA, we have a strategic plan in place to make the best of a bad situation, which we have continued to implement,” he said.

He stated that renewing the reviewed stevedoring rates was consistent with the agency’s determination to make the best of a bad situation caused by the pandemic.

The reviewed stevedoring rates, according to Jamoh, apply to dry bulk cargo, liquid bulk cargo, onshore stevedoring, and offshore royalty.

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