NIMASA DG Reaffirms Commitment to Accountability, Signs 2026 Performance Bond
The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed its 2026 Sectoral Performance Bond, with its Director-General, Dr. Dayo Mobereola, reaffirming the commitment to accountability, improved performance and sustained growth.
Dr Mobereola described the bond as a governance tool for tracking deliverables, strengthening institutional accountability, and aligning the Agency’s operations with national priorities.
The exercise was overseen by the Minister of Marine and Blue Economy, Dr Adegboyega Oyetola.
Mobereola said the agency’s ongoing reforms are driven by purposeful leadership and strategic ministerial support, adding that NIMASA remains committed to delivering on its mandate in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.
On maritime security, the NIMASA boss revealed that Nigeria has recorded zero piracy incidents in its territorial waters over the past four years, attributing the milestone to enhanced surveillance and improved inter-agency collaboration.
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He added that the agency is at advanced stage of automating its ship registry processes to improve efficiency, reduce delays, and boost Nigeria’s competitiveness in global shipping.
On the Cabotage Vessel Financing Fund (CVFF), Mobereola hinted that more than 60 applications have been received since the portal opened in January 2026, assuring that the disbursement process will be transparent and closely monitored.
He 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 global maritime standards.
Mobereola further stated that Nigeria’s re-election into Category C of the IMO Council in November 2025 has strengthened its voice in global maritime governance and reinforced its leadership role in Africa.
In his remarks, Oyetola reiterated the Federal Government’s commitment to leveraging the maritime sector for 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.”