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    COAS visits Oba of Lagos, solicits traditional support for military operations

    COAS visits Oba of Lagos, solicits traditional support for military operations

    Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

    Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

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    NEAPS 2025: CGC Adeniyi receives National Award for Outstanding Revenue Collection

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    COAS visits Oba of Lagos, solicits traditional support for military operations

    COAS visits Oba of Lagos, solicits traditional support for military operations

    Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

    Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

    Transportation Minister, Amaechi seeks performance audit of Nigeria’s seaports

    Maritime industry will discuss efficiency, digital trade at 10th Anniversary Media Seminar

    NIMASA, TASAC advance regional maritime cooperation with new partnership

    NIMASA, TASAC advance regional maritime cooperation with new partnership

    MV Skipper is not a Nigerian-flagged vessel

    MV Skipper is not a Nigerian-flagged vessel

    NEAPS 2025: CGC Adeniyi receives National Award for Outstanding Revenue Collection

    NEAPS 2025: CGC Adeniyi receives National Award for Outstanding Revenue Collection

    Maritime leaders demand African-led solutions, accountability in training, policy and cabotage funding

    Maritime leaders demand African-led solutions, accountability in training, policy and cabotage funding

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        COAS visits Oba of Lagos, solicits traditional support for military operations

        COAS visits Oba of Lagos, solicits traditional support for military operations

        Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

        Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

        Transportation Minister, Amaechi seeks performance audit of Nigeria’s seaports

        Maritime industry will discuss efficiency, digital trade at 10th Anniversary Media Seminar

        NIMASA, TASAC advance regional maritime cooperation with new partnership

        NIMASA, TASAC advance regional maritime cooperation with new partnership

        MV Skipper is not a Nigerian-flagged vessel

        MV Skipper is not a Nigerian-flagged vessel

        NEAPS 2025: CGC Adeniyi receives National Award for Outstanding Revenue Collection

        NEAPS 2025: CGC Adeniyi receives National Award for Outstanding Revenue Collection

        Trending Tags

        • Trump Inauguration
        • United Stated
        • White House
        • Market Stories
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      • Economy
        COAS visits Oba of Lagos, solicits traditional support for military operations

        COAS visits Oba of Lagos, solicits traditional support for military operations

        Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

        Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

        Transportation Minister, Amaechi seeks performance audit of Nigeria’s seaports

        Maritime industry will discuss efficiency, digital trade at 10th Anniversary Media Seminar

        NIMASA, TASAC advance regional maritime cooperation with new partnership

        NIMASA, TASAC advance regional maritime cooperation with new partnership

        MV Skipper is not a Nigerian-flagged vessel

        MV Skipper is not a Nigerian-flagged vessel

        NEAPS 2025: CGC Adeniyi receives National Award for Outstanding Revenue Collection

        NEAPS 2025: CGC Adeniyi receives National Award for Outstanding Revenue Collection

        Maritime leaders demand African-led solutions, accountability in training, policy and cabotage funding

        Maritime leaders demand African-led solutions, accountability in training, policy and cabotage funding

        NDLEA Edo Command cracks down on drug cartels

        NDLEA Edo Command cracks down on drug cartels

        NDLEA, Army Commanders turn heat on drug barons in Edo

        NDLEA, Army Commanders turn heat on drug barons in Edo

        Trending Tags

        • Waterside Centre
          • All
          • Maritime Community Hub
          • Mentorship
          • Sustainable Development
          • WASH
          Maritime leaders demand African-led solutions, accountability in training, policy and cabotage funding

          Maritime leaders demand African-led solutions, accountability in training, policy and cabotage funding

          Oyetola hosts delegates, reaffirms Nigeria’s global maritime commitment after IMO Council victory

          Oyetola hosts delegates, reaffirms Nigeria’s global maritime commitment after IMO Council victory

          NIMASA unveils model for African maritime decarbonization at COP 30

          NIMASA unveils model for African maritime decarbonization at COP 30

          Green Border Initiative expands to Seme as COWA scales up environmental empowerment drive

          Green Border Initiative expands to Seme as COWA scales up environmental empowerment drive

          Master mariners seek professionals for policy-making positions to protect Nigerian seafarers

          Master mariners seek professionals for policy-making positions to protect Nigerian seafarers

          Happy 75th birthday to Prince Olayiwola Shittu, a Beacon of Nigerian Maritime Industry

          Happy 75th birthday to Prince Olayiwola Shittu, a Beacon of Nigerian Maritime Industry

          Naval officers from 20 countries visit NIMASA C4i Centre for knowledge sharing

          Naval officers from 20 countries visit NIMASA C4i Centre for knowledge sharing

          France, Nigeria joint military exercise ‘Crocodile Lift’ in Gulf of Guinea strengthens maritime security cooperation

          France, Nigeria joint military exercise ‘Crocodile Lift’ in Gulf of Guinea strengthens maritime security cooperation

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          Nigerian Energy Transition: A Pathway to Economic Diversification and Sustainable Ocean Use

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          • Life at Sea
          • Seafarers
          Public Petitions Committee: NIMASA, Delta Community agree on Alternative Dispute Resolution 

          NIMASA creates Maritime Labour E-Platform for seafarers, dockworkers  

          Maritime LookBook: 2025 Graduation Ceremony of the Maritime Academy of Nigeria

          Photo News: Mariners at the 2025 MAN, Oron graduation ceremony

          Maritime LookBook: 2025 Graduation Ceremony of the Maritime Academy of Nigeria

          AMANO President Maiguwa honours teacher Adeyanju with holiday, cash gift

          AMANO President Maiguwa honours teacher Adeyanju with holiday, cash gift

          Maritime Academy of Nigeria boosts training capacity…establishes new seatime opportunities for cadets 

          Maritime Academy of Nigeria boosts training capacity…establishes new seatime opportunities for cadets 

          Master mariners seek professionals for policy-making positions to protect Nigerian seafarers

          Master mariners seek professionals for policy-making positions to protect Nigerian seafarers

          IMO Scribe, FMMBE Minister commend Maritime Academy of Nigeria for outstanding performance

          IMO Scribe, FMMBE Minister commend Maritime Academy of Nigeria for outstanding performance

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          WMD 2025: Maritime Academy of Nigeria’s cadets win big in essay competition

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          Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

          Shakara Trybe Founder to unveil Nigeria’s first 30-foot Christmas tree made entirely from Nigerian fabrics this Detty December

          Katsina adopts Dakuku Peterside’s Leadership books for Public Service renewal

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          Maritime LookBook: 2025 Graduation Ceremony of the Maritime Academy of Nigeria

          AMANO President Maiguwa honours teacher Adeyanju with holiday, cash gift

          AMANO President Maiguwa honours teacher Adeyanju with holiday, cash gift

          Happy 60th birthday, Pastor Sarah Ballah!

          Happy 60th birthday, Pastor Sarah Ballah!

          Katsina adopts Dakuku Peterside’s Leadership books for Public Service renewal

          Katsina adopts Dakuku Peterside’s Leadership books for Public Service renewal

          IMO Secretary-General commends Nigeria’s maritime security gains, Deep Blue Project, and Blue Economy Policy

          Photo News: IMO Secretary-General interacts with cadets from Maritime Academy of Nigeria

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          Lagos State Health District IV , Nigerian Stock Exchange launch “BLOOM” nutrition project

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          NEAPS 2025: CGC Adeniyi receives National Award for Outstanding Revenue Collection

          NEAPS 2025: CGC Adeniyi receives National Award for Outstanding Revenue Collection

          Maritime leaders demand African-led solutions, accountability in training, policy and cabotage funding

          Maritime leaders demand African-led solutions, accountability in training, policy and cabotage funding

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          Apapa Customs Command intercepts 25.5kg cocaine from Brazilian Ship, MV San Anthonio

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          CGC Adeniyi chairs first WCO Policy session, strengthens Nigeria’s global Customs profile

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          Shettima presents NPA MD Dantsoho with PEBEC Leadership Award

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          Nigeria reaffirms commitment to seamless African trade

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          NIMASA accredits 27 registered shipyards for operation in Nigeria

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          CGC Adeniyi reactivates over decade-old CMAA with US Customs & Border Protection

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          Essien thanks Jamoh as he bows out of NIMASA

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          Nigerian Chambers of Shipping guarantees maximum participation in Nigeria’s domestic, international trade – Sambo

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          Photos: MD NPA meets, commends IMO consultants in Lagos

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          Boat designer seeks increased investment in water transportation to ease movement, boost economy

          onepageafrica by onepageafrica
          June 4, 2020
          in Uncategorized
          0
          Boat designer seeks increased investment in water transportation to ease movement, boost economy
          Share this
          MD Talia Watercrafts, Mr Ndukwe Azunna
          A
          boat designer, Mr Ndukwe Azunna, has urged Nigerians to invest more in water
          transportation to ease the pressure of moving people, goods and services on the
          road, to boost economic activities.

          Azunna,
          the Managing Director, Talia Watercrafts made the call in an interview with the
          newsmen on Monday in Lagos.

          He
          said that if government at all levels and private investors invested in the
          industry, it would help to harness fully the opportunities available in using
          modern boats to support the transportation system.

          Azunna
          said that such initiative would boost economic activities along the coastal
          areas, create more jobs through their operations and ease the pressure on the
          roads.

          He
          said investments in modern boats, which could be done locally by supporting
          professional boat designers, would encourage more people to travel and move
          their goods through water transportation.

           “We have a lot of small groups building boats,
          but they basically just use the mold of the ones that have been made since
          early times when boat building started.

           “However, the vast coastal areas of Nigeria
          can be fully utilised to boost economic activities if the boats are modern and
          more people are encouraged to travel and move their goods by these ferries.

           “The industry turn-around will happen if the
          boat-designing sector gets support to design and have the artisans build them
          locally.

          “It
          is just about vision to grow the sector especially as the free trade zones are
          coming up,” he said.

          Azunna
          said it was sad that financial institutions could not support the sector,
          noting that many banks lacked the requisite understanding of the workings of
          the sector.


           “Banks are not familiar with the sector, so, the
          loans are just not given, except if you can prove that you will make money from
          the business immediately.


           “It means you must have started the business
          already and start making profits that is when you can convince the bank to
          assist.


          “They
          need to know that Nigeria’s transport sector is wide and most times the roads
          have been over stretched, but the ferry system can do a lot more with
          modern-designed boats,” he said.


          On
          safety, the boat designer said that modern boats like the catamaran were more
          stable since they had double hauls.

          Tags: boatboat designcatamaranmaritimeNewswater transportationwatercrafts
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