• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, May 10, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Inflation: NIMASA Approves Fresh $2,000 Allowance For Seafarers’ Foreign Training

by Yusuf Babalola
3 years ago
in Business, News
Maritime
Share on WhatsAppShare on FacebookShare on XTelegram

Nigerian Maritime Administration and Safety Agency (NIMASA), said it is reviewing the cost of direct sponsorship of Nigerian cadets undergoing foreign training under the Nigerian Seafarers Development Programme (NSDP).

 

Advertisement

The agency said it has approved an additional $2,000 dollars for each cadet, as extra fund due to inflation.

 

The director general of NIMASA, Bashir Jamoh, noted that the review of ongoing sponsorship cost has become necessary due to the global inflationary trends which is very pronounced in the Philippines, India and some other countries where Nigerian cadets are undergoing Certificate of Competency (CoC) Examination training under the NSDP programme. The sponsorship covers training leading to obtaining a Certificate of Competency, CoC.

 

RELATED

International Coaching Federation Marks 10th Anniversary

International Coaching Federation Marks 10th Anniversary

8 minutes ago
MSSN 70th Anniversary: Scholars, Jurists Eulogise Justice Orire

MSSN Backs WAEC’s Reforms On Examination Malpractice

57 minutes ago

He said, “We are not unmindful of the unforeseen global inflationary trend which has affected the cost of sustaining our cadets who are on sponsorship in some schools under the NSDP programme. Though NIMASA paid the tuition fee, examination fee and the original cost of feeding and accommodation in full, with allowance for extra funds as pocket money, however, it’s obvious that cost of living has increased particularly in the Philippines due to the global inflation.

 

“The Agency is working closely with the Nigerian Embassy in the Philippines to address the challenges associated with the unexpected price increases.
“We have put in place immediate and long term arrangements to minimize the effect of inflation on their living standard during the programme. The Management of the Agency has approved an additional $2,000 dollars for each cadet, as extra fund due to inflation.
“This is a short term measure to cushion the effect. I am sure the Nigerian Embassy will get in touch with the students immediately the funds are ready to be disbursed.
well coordinated arrangement through the embassy.”
“While working closely with the Nigerian Embassy in the Philippines to establish appropriate extra funds that may be required, NIMASA Management is deploying a team on fact finding to interact with the students currently in the Philippines, officials of the Nigerian Embassy, the Maritime Industry Authority (MARINA), Philippines, some Licensure Examination Training & Review Centres (TRCs).”
“146 cadets have acquired the Philippines sailing license through the NSDP programme with 134 currently undergoing the Programme and a further 170 being prepared to proceed to the Philippines for the examinations.”
The Agency has also made firm arrangements to ensure those cadets who have spent the stipulated 6 months approved for the CoC programme in the Philipines return home immediately. NIMASA urged the cadets to ensure they conclude their CoC examinations as scheduled.
NIMASA initiated the Nigerian Seafarers’ Development Programme (NSDP) in 2008 with the aim of addressing the dearth of Nigerian seafarers on ocean going vessels and the need to meet the indigenous manning requirements of coastal and inland shipping (Cabotage regime).
The programme is designed to train Nigerian youth to become seafarers and Naval Architects in some of the best Maritime Training Institutions (MTIs) across the World.
So far the Agency has trained 2,241 cadets from inception of the programme, with 841 graduates having obtained sailing licenses (Certificate of Competency) from Maritime Administrations of various countries. Out of this number, around 388 are now gainfully employed in maritime related organizations, while others are in their final stages of the Programme.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



SendShareTweetShare
Previous Post

GCR Affirms NOVA Merchant Bank’s Bbb, A3 Ratings

Next Post

Kaduna Electric Renews Commitment To Boost Power Supply

Yusuf Babalola

Yusuf Babalola

You May Like

International Coaching Federation Marks 10th Anniversary
News

International Coaching Federation Marks 10th Anniversary

2025/05/10
MSSN 70th Anniversary: Scholars, Jurists Eulogise Justice Orire
Education

MSSN Backs WAEC’s Reforms On Examination Malpractice

2025/05/10
MDCAN Decries FG’s Failure To Issue Circular On Doctors, Health Workers’ Retirement Ages
Health

MDCAN Urges Reversal Of Consultant Pharmacy Cadre

2025/05/10
Seven Tips On Some Of The Most Beautiful Cinemas In The World
Entertainment

Seven Tips On Some Of The Most Beautiful Cinemas In The World

2025/05/10
Stakeholders Harp On Digital Tools For SMEs
Business

Profitable Consultancy Business Ideas

2025/05/10
Governor Bello Mourns Ex-commissioner, Ismail
News

Yahaya Bello: Court To Rule On EFCC’s Request To Cross-examine Own Witness June 26

2025/05/10
Leadership Conference advertisement

Leadership Conference advertisement

LATEST

Police Arrest 8 Suspected Kidnappers, Rescue 25 Ivorian Nationals

International Coaching Federation Marks 10th Anniversary

Edo Dep. Gov Denies Membership Of Secret Cult

MSSN Backs WAEC’s Reforms On Examination Malpractice

MDCAN Urges Reversal Of Consultant Pharmacy Cadre

Still On Revenue Sharing And Fiscal Responsibility

Seven Tips On Some Of The Most Beautiful Cinemas In The World

Profitable Consultancy Business Ideas

Yahaya Bello: Court To Rule On EFCC’s Request To Cross-examine Own Witness June 26

Russia Celebrates Victory Day Amidst Tight Security

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.