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    MarketForces Africa » Transportation » NIMASA Mulls Expansion of Deep Blue Project

    NIMASA Mulls Expansion of Deep Blue Project

    Julius AlagbeBy Julius AlagbeFebruary 6, 2026Updated:February 6, 2026 Transportation No Comments3 Mins Read
    NIMASA Mulls Expansion of Deep Blue Project
    L-R- Chief of the Naval Staff, Vice Admiral Idi Abass and the Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Dayo Mobereola, during a strategic visit by the NIMASA DG to the Chief of the Naval Staff at the Naval Headquarters in Abuja
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    NIMASA Mulls Expansion of Deep Blue Project

    The Nigerian Maritime Administration and Safety Agency (NIMASA) is considering an expansion of the Deep Blue project, whose impact has been felt across the Gulf of Guinea.

    The project has also gained global recognition in ensuring sustainability. The Director-General of NIMASA, Dr Dayo Mobereola, made this known in a statement through the Head of Public Relations Unit of the Agency, Mr Edward Osagie, on Thursday.

    The NIMASA boss, on his strategic visit to the Chief of Naval Staff (CNS), Vice Admiral Idi Abass, at the Naval Headquarters, Abuja, on Thursday commended the Navy for their harmonious collaboration with NIMASA.

    Mobereola congratulated the CNS who had perviously served as Maritime Guard Commander under the Agency, and had called for continued partnership with the Navy under his watch.

    “It is important that we continue our partnership and strengthen our relationship. Our purpose here is to congratulate you, and to discuss the benefits of the Deep Blue Project; how to sustain it, expand it, and increase its impact on the Gulf of Guinea.

    “We are confident that we have the backing of the President, the Minister of Marine and Blue Economy, and the Nigerian Navy, hence, we are working towards presenting our proposal on the necessary improvements to be undertaken,” he said.

    The NIMASA boss acknowledged the importance of the Deep Blue Project, noting that its impact resonated globally, with the International Maritime Organisation (IMO) commending it.

    “The Deep Blue Project is vital; countries around Africa and some other parts of the world are coming to copy our model. The IMO is asking how a civilian organisation was able to achieve this feat.

    “It is, therefore, important that we continue to collaborate and do even better for greater sustainability,” he said.

    Mobereola also congratulated the Chief of Operations, Nigerian Navy, Rear Admiral Musa Katagum, who joined the NIMASA governing Board as the Navy’s representative.

    On his part, the Chief of Naval Staff, Vice Admiral Idi Abass, while welcoming the NIMASA DG and his delegation, commended the agency for the good work it was doing in the maritime sector and its continued support to the Nigerian Navy.

     “Part of my command’s objective is to work in synergy with other agencies to achieve our goal as a country. We complement each other. We have no option rather than collaborate and synergise.

    “The Memoroudum of Understanding (MoU) between NIMASA and the Nigerian Navy which have been in place since 2007 should be revisited,” Abass said.

    He also solicited for the Navy to be called upon for such needs as vessel repair, hydrographic surveys and charting, stating the Navy’s capacity in handling such tasks.

    The CNS also canvassed NIMASA’s assistance for wreck removal, particularly as the Navy gears towards its 70th Anniversary where it looks forward to welcoming foreign ships.

    He further commended NIMASA for its recent unveiling of the Cabotage Vessel Financing Fund (CVFF) Application Portal, noting that the Agency had come a long way in its planned disbursement of the fund.

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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