How Ex-WARLORD, Tompolo's Maritime Security Contract boosted NIMASA's  Revenue- Jamoh

More than five years after the termination by the Nigerian Maritime and Safety Agency, NIMASA, of


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How Ex-WARLORD, Tompolo's Maritime Security Contract boosted NIMASA's  Revenue- Jamoh


More than five years after the termination by the Nigerian Maritime and Safety Agency, NIMASA, of maritime security contract it entered with Global West Specialist Vessels Limited, a company said to be sponsored by ex-warlord, Chief  Government Ekpemupolo, (aka Tompolo) the agency’s new Director General,  Dr. Bashir Jamoh, has testified that the contract actually boosted NIMASA’s revenue.

 

 

The contract was not only canceled, the company and Tompolo are also still being prosecuted over the engagement, regardless of the fact it boosted NIMASA’s operations and revenue.

 

 

Speaking to newsmen in Lagos recently, Dr.   Jamoh also said that there was a Public Private Partnership arrangement with Global West adding that the engagement of the firm was not limited to maritime security adding that their involvement with NIMASA included enforcement of certain aspects of the agency’s mandate, Flag and Port State control.

 

 

He explained that the arrangement was also such that it was only when an increase in the revenue profile of the agency was recorded that Global West could get paid.

 

 

Dr. Jamoh, also disclosed that a total of 25 intervention boats were procured by Global West until it ran into problem with the current administration and the Economic and Financial Crime Commission, EFCC, had to move in.

 

 

 

 

He said: ‘‘The Jonathan administration introduced the Global West alternative, which came in form of Public Private Partnership arrangement and the scope did not limit them to maritime security; it included enforcement, Port and Flag State control.

 

 

“They also looked at our own revenue as their payment was based on the agency’s increment in NIMASA’s revenue resulting from their activities.

 

 

“If as a result of their effort, NIMASA makes extra monies, it was from the extra that they got paid.

 

 

“Today, we have it on record that they had about 25 intervention vessels, some, because of their issue with EFCC, are no longer serviceable but we still have some serviceable vessels that are in the custody of the EFCC.

 

 

“All these issues are under investigation and we are yet to get to the end of the investigation.”

 

 

Speaking on the development, a former Director of Shipping Development, NIMASA, Captain Enisouh Waredi, said that the strategy that was deployed to increase NIMASA’s revenue was just intelligence.

 

 

According to him, while a lot of shipping firms tried to short-change NIMASA by under-declaring what the vessel was carrying and paid less of the three percent bench mark, the agency, through its intelligence gathering mechanism, already had a prior knowledge of the content of the vessel.

 

 

He revealed that before Global West intervened,  NIMASA was making about $10million – $12million per annum but the intervention raised the figure to about $19.5million per month, saying that; "It was from this increase that Global West got paid for its services."

 

 

On the local currency revenue, it was gathered that before the engagement of Global West, NIMASA was making about N30billion per annum but the intervention raised the figure to about N80billion.

 

 

Waredi, also explained that when the contract was advertised, a lot of people thought it was unprofitable but Global West went for it adding  that for over one year it did not make profit until it changed strategy and deployed intelligence to its operation and started making money for NIMASA afterwards. 

 

 

On connection with Tompolo, Waredi said: “Global West approached several banks for loan and none listened to them before they approached Tompolo who helped them out with the money to acquire their boats.

 

 

“That was how the whole Tompolo’s boats came about; he was never part of Global West neither was he a Director or Shareholder in Global West.

 

 

“Even after Global West acquired those boats, it was still running at a loss until it was advised to change its strategy. It was at this point that I was directed to draw up a strategy on how Global West should operate and how NIMASA should respond.

 

 

“It was after the change in strategy that Global West started making money for NIMASA and getting paid.”


Copyright: Fresh Angle International (www.freshangleng.com)


Nkanteen Juliet
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