PPP Model Key to Maritime Infrastructure Development in Nigeria – NIMASA DG Mobereola
Dr. Dayo Mobereola, Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has highlighted the necessity of adopting the Public-Private Partnership (PPP) model to drive infrastructural development in Nigeria’s maritime sector.
Speaking during a meeting with Dr. Jobson Oseodion Ewalefoh, Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Mobereola emphasized the vital role private investment plays in expanding the sector’s capacity.
Mobereola acknowledged that the maritime industry is capital-intensive and that government funding alone is insufficient to meet the infrastructure needs. He called on the ICRC to create business models that attract private investors, noting, “We need the ICRC to develop PPP-based business models that will appeal to the private sector both locally and internationally.” He also underscored the importance of leveraging technology to streamline processes for improved service delivery.
Dr. Ewalefoh echoed these sentiments, stressing the importance of the maritime sector in Nigeria’s economy and the pivotal role of the PPP model in bringing in both capital and expertise from the private sector. He assured NIMASA of ICRC’s readiness to collaborate on critical projects, emphasizing that service delivery should be prioritized to create an environment where people are willing to pay for quality services.
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The PPP model, globally recognized as an effective means of fostering development, is seen as a critical pathway for addressing Nigeria’s maritime infrastructure challenges. NIMASA has consistently pursued partnerships under this model to ensure sustainable growth in the sector.
