The Nigerian Chamber of Shipping (NCS) and the Nigerian Association of Master Mariners (NAMM) have urged the Minister of Marine & Blue Economy, Gboyega Oyetola to include stakeholders’ inputs in the Performance Bond document for Ministerial Deliverables from 2023-2027 recently signed by the different Heads of agencies under the ministry.
Recall that the various Heads of agencies under the Marine & Blue Economy signed a Performance Bond document for Ministerial Deliverables from 2023 to 2027 with the Minister in charge of the ministry, Oyetola.
Speaking with the Nigerian Tribune on the development, the president of the Nigerian Chamber of Shipping, Mallam Aminu Umar lauded the initiative, labelling it unprecedented in the history of the nation’s maritime industry.
According to Umar, who also doubles as the Founder and CEO of Sea Transport Services Nigeria Limited, “The Performance Bond that the different heads of maritime agencies signed is more or less like a Key Performance Indicator (KPI) appraisal. It will be used to appraise the different performance of the various agencies heads between the time spelt out in the document that they signed.
“It is a very good initiative because it affords the government the opportunity to appraise the performance of the agencies.
“However, we would have loved a situation where stakeholders are allowed to bring in their inputs into the document before the Ministry concluded on it for signing. The private sector is the driver of the industry. We are the ones that wear the shoes and know where they pinch.
“If the private sector players in the industry had been allowed to bring in their inputs into the Performance Bond document before the Ministry of Marine & Blue Economy concluded on it for signing, then it would have represented the entire needs of the industry.
“However, the fact that it has been started, we believe it’s the right step in the right direction. It can always be improved upon. It’s important that a first step of setting up an appraisal of the different agency heads is important and laudable.
“I am sure the document will also have a reward system for those that perform at the end of the period under the Performance Bond. So, it’s a laudable initiative that should definitely be improved upon going forward.”
Also speaking on the signing of the Performance Bond by Heads of maritime agencies, President of NAMM, Captain Tajudeen Alao backed the call for stakeholders’ input before the signing of the document.
“The Performance Bond signing initiative is a laudable one because it doesn’t allow the different agencies heads to just go to sleep. it keeps them on their toes because they know what they have signed.
“For an industry that is technically based, there should be a reward system for performance.
“However, stakeholders don’t know the content of the Performance Bond that was signed. Going forward, stakeholders should be allowed to bring in their inputs before the Ministry adds its own. This will allow everybody to be on the same page.
“But it’s a good one. Hopefully, stakeholders and industry operators will be allowed to have inputs in subsequent Performance Bond going forward,” the NAMM National President told the Nigerian Tribune exclusively.
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