NIMASA HIGHLIGHTS 2025 GAINS, SIGNS 2026 PERFORMANCE BOND
- Accountability is not optional – Oyetola
The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to accountability, improved performance, and sustained growth in the maritime sector with the signing of its 2026 Sectoral Performance Bond. The exercise was overseen by the Honourable Minister of Marine and Blue Economy, Dr Adegboyega Oyetola.
(Pix) L-R: Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola and the Honourable Minister, Ministry of Marine & Blue Economy; His Excellency Adegboyega Oyetola, CON while the Permanent Secretary of the Ministry Mrs. Fatima Sugra Mahmood looks during the 2026 Sectoral Performance Retreat and Bond Signing of Agencies under the Ministry in Lagos.
The Director-General of NIMASA, Dr Dayo Mobereola, described the Performance Bond as a key governance instrument for tracking deliverables, strengthening institutional accountability, and aligning the Agency’s operations with national priorities.
He stated that NIMASA’s ongoing reforms are driven by purposeful leadership and strategic ministerial support, adding that the Agency remains committed to delivering on its mandate in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu’s administration.
(Pix) L-R: Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola, Permanent Secretary Ministry of Marine & Blue Economy Mrs. Fatima Sugra Mahmood and the Honourable Minister, His Excellency, Adegboyega Oyetola, CON during the 2026 Sectoral Performance Retreat and Bond Signing of Agencies under the Ministry in Lagos.
(Pix) L-R – Executive Secretary, Nigerian Shippers’ Council; Dr. Akutah Pius, MON; Managing Director, Nigerian Ports Authority, Dr. Abubakar Dantsoho, Honourable Minister, Ministry of Marine and Blue Economy, His Excellency Adegboyega Oyetola, CON, Permanent Secretary of the Ministry, Mrs. Fatima Sugra Mahmood and Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola during the 2026 Sectoral Performance Retreat and Bond Signing of Agencies under the Ministry in Lagos.
On maritime security, Mobereola disclosed that Nigeria has recorded zero piracy incidents in its territorial waters over the past four years, attributing the milestone to enhanced surveillance systems and improved inter-agency collaboration.
He further revealed that the Agency is at an advanced stage of automating its ship registry processes, a move expected to improve efficiency, reduce delays, and boost Nigeria’s competitiveness in global maritime business.
Providing an update on the Cabotage Vessel Financing Fund (CVFF), the NIMASA boss said more than 60 applications have been received since the portal was launched in January 2026, assuring that the disbursement process will be transparent and strictly monitored.
Mobereola also noted that Nigeria has deposited three conventions with the International Maritime Organization (IMO), while three others are awaiting Federal Executive Council approval, underscoring the country’s commitment to international maritime standards.
Speaking further, he noted that Nigeria’s election victory into category C at the IMO Council in November 2025 restored her voice in global maritime governance and strengthening its leadership role in Africa.
(Pix) All Heads of Agencies under the Ministry of Marine and Blue Economy in a group photograph with the Honourable Minister, Ministry of Marine & Blue Economy, His Excellency, Adegboyega Oyetola, CON during the 2026 Sectoral Performance Retreat and Bond Signing of Agencies under the Ministry in Lagos.
In his remarks, Minister Adegboyega Oyetola reiterated the Federal Government’s commitment to using the maritime sector to drive economic diversification, job creation, and foreign exchange earnings. He stressed that the Performance Bonds are binding commitments that will be closely monitored, declaring that “accountability is not optional.”
