• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • Africa’s Economic Ties Deepen as Nigeria, Benin Sign Joint Trade Plan

      Customs Partners US Mission to Prevent Expanded Visa Ban

      Nigeria Customs Partners China on Smarter Ports, Officer Training, Reforms

      Comptroller General Nigerian Customs Bashir Adewale

      Customs Moves Against 223 Importers in N379bn Permit Breach

      Bashir Adewale Adeniyi Customs Boss

      How Customs is Tightening Borders to Stop Illicit Cash Flows –…

  • National
    • Nigerian Police Force

      PSC Denies Police Recruitment, Warns Against Fraudulent Online Claims

      Military Troops in Action

      Troops Raid Bandits Camps, Eliminate 1, Recover Motorcycles

      DSS, NNPCL and EFCC

      NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute…

      IPI Nigeria Demands Immediate Reopening of Badegi FM, Threatens to List…

      Tinubu’s Greek gift by Festus Adedayo

    • Government
      • DSS, NNPCL and EFCC

        NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute…

        IPI Nigeria Demands Immediate Reopening of Badegi FM, Threatens to List…

        Group Chief Executive Officer (GCEO), Bayo Ojulari

        Purported Resignation: Who are after NNPC Boss Bashir Ojulari

        The Paramount Ruler of Oka-Akoko, His Imperial Majesty Oba (Dr) Yusuf Adebori Adeleye, OON, the Olubaka of Oka

        Olubaka of Oka Praises Foundation for “Best Oka Day” Festival

        Dr. Emmanuel Ojukwu and representatives at NIPR FCT the meeting

        NIPR FCT Chapter Focuses on Crisis Communication and Professionalism

  • Security
    • Nigerian Police Force

      PSC Denies Police Recruitment, Warns Against Fraudulent Online Claims

      Military Troops in Action

      Troops Raid Bandits Camps, Eliminate 1, Recover Motorcycles

      Troops Kill 3 Terrorists in Borno, Recover Weapons, Motorcycles

      NDLEA Logo

      NDLEA Intercepts Cocaine, Tramadol Hidden in Vehicle Side Mirrors, Arrests Multiple…

      ICPC Boss, Musa Adamu and CG Customs, Bashir Adeniyi during his courtesy visit to ICPC office in Abuja

      Customs, ICPC Partner to Curb Smuggling, Boost Revenue Through Transparent Enforcement

  • Features
    • DSS, NNPCL and EFCC

      NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute…

      Tinubu’s Greek gift by Festus Adedayo

      CG Customs Bashir Adewale Adeniyi

      Customs Just Wrote Nigeria’s Energy Rulebook

      Okello Oculi

      Okello Oculi: A Pan-Africanist Asteroid Burns out Forever By Is’haq Modibbo…

      Leon Usigbe

      Death, you can’t be Proud of this By Abdulrahman Abdulraheem 

  • State
    • Prof Pate donates laptops to UNIMAID

      Prof Pate donates 20 Laptop Computers to UNIMAID

      Troops Kill 3 Terrorists in Borno, Recover Weapons, Motorcycles

      After ₦250m Ransom Demand, Security Guard Arrested for Murder of Caregiver,…

      court Judiciary

      Lawyer Sues Housing Ministry, FHA Over Alleged Property Redesign

      Army Commander keeps 100 students in school

      Army Commander’s Compassion Keeps 100 Students in School in Zamfara

  • Event
    • Prof Pate donates laptops to UNIMAID

      Prof Pate donates 20 Laptop Computers to UNIMAID

      D'Tigress Basketball team

      Will Presidential Gifts Follow as Nigerian Female Basketballers D’Tigress Reach 5th…

      The Paramount Ruler of Oka-Akoko, His Imperial Majesty Oba (Dr) Yusuf Adebori Adeleye, OON, the Olubaka of Oka

      Olubaka of Oka Praises Foundation for “Best Oka Day” Festival

      court Judiciary

      Lawyer Sues Housing Ministry, FHA Over Alleged Property Redesign

      Sam Obi Sponsors 500 students

      Sam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ’s Education Program

    • PR Nigeria Award
  • E-Paper
Home Security After Nigeria Delisted from Piracy Prone Country, Insurance Premium Reduces from $5000...
  • Security

After Nigeria Delisted from Piracy Prone Country, Insurance Premium Reduces from $5000 to $945- Naval Boss

By
Prnigeria
-
March 8, 2023
Chief Executive of NASENI, Prof Mohammed Sani Haruna, andChief of Naval Staff, Vice Admiral Awwal Zubairu Gambo after Signing of MoU in Abuja

After Nigeria Delisted from Piracy Prone Country, Insurance Premium Reduces from $5000 to $945- Naval Boss

The Chief of Naval Staff, Vice Admiral Awwal Zubairu Gambo, has said the fabrication and construction of indigenous shipbuilding efforts of the service has enhanced the presence of personnel to provide adequate sea security within the nation’s maritime domain.

“This has relieved the insurance premium from 5,000 US Dollars to 946 US Dollars”, he said.

The CNS Gambo, disclosed this today at a Signing of Memorandum of Understanding with National Agency for science and Engineering Infrastructure, NASENI in Abuja.

Recall that Nigeria was delisted from the piracy prone countries by International Maritime Bureau, IBM in March, 2022.

The Naval boss said the effort has led to significant reduction of piracy incidents culminating into delisting Nigeria from list of International Maritime Bureau list of piracy prone countries.

Read Also:

  • PSC Denies Police Recruitment, Warns Against Fraudulent Online Claims
  • Prof Pate donates 20 Laptop Computers to UNIMAID
  • Africa’s Economic Ties Deepen as Nigeria, Benin Sign Joint Trade Plan

According to Gambo, “this feats was  recorded from locally-made ship building which has ultimately reduced high insurance premium (known as war risk premium), which is usually factored into shipping cost due to the prevalence of piracy incidences.

“these high costs are passed on to consumers to enable shipping companies recoup their losses.”he added.

Speaking further, the Naval boss, said the MoU will promote mutual synergy towards enhancing research and development, improve security as well as fostering operations and administrative engagements for sustainable Blue Economy for Nigeria’s prosperity.

He applauded the Agency for collaborating with the Nigerian Navy especially in Research and Development, which he said, necessitated the visit to the Naval Dockyard Limited in Lagos, geared towards refining Nigerian Navy local ship construction efforts.

On his part, The Chief Executive of NASENI, Prof Mohammed Sani Haruna, said the MoU will be threshold in training the Naval personnel in the area of Technology and Engineering in ship  building  facility, research publication of spare parts components and, laboratory building among other equipment.

Haruna noted that the agreement will boost local content development that will enhance security in Nigeria.

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Awwal Zubairu Gambo
  • International Maritime Bureau
  • Mohammed Sani Haruna
  • NASENI
Previous articleKwara Gov mourns Death of Civil Rights Activist, Bashiru Saliu
Next articleEnhanced Security: Nigerian Navy, NASENI Sign MoU on ‘Collaborative Engagements’
Prnigeria
Prnigeria
Xing

RELATED ARTICLESMORE FROM AUTHOR

Nigerian Police Force

PSC Denies Police Recruitment, Warns Against Fraudulent Online Claims

Military Troops in Action

Troops Raid Bandits Camps, Eliminate 1, Recover Motorcycles

IPI Nigeria Demands Immediate Reopening of Badegi FM, Threatens to List Governor Bago in Black Book

Troops Kill 3 Terrorists in Borno, Recover Weapons, Motorcycles

NDLEA Logo

NDLEA Intercepts Cocaine, Tramadol Hidden in Vehicle Side Mirrors, Arrests Multiple Suspects Nationwide

ICPC Boss, Musa Adamu and CG Customs, Bashir Adeniyi during his courtesy visit to ICPC office in Abuja

Customs, ICPC Partner to Curb Smuggling, Boost Revenue Through Transparent Enforcement

Police Spokesperson Muyiwa Adejobi Promoted to DCP

Group Chief Executive Officer (GCEO), Bayo Ojulari

Purported Resignation: Who are after NNPC Boss Bashir Ojulari

D'Tigress Basketball team

Will Presidential Gifts Follow as Nigerian Female Basketballers D’Tigress Reach 5th Consecutive AfroBasket Final?

After ₦250m Ransom Demand, Security Guard Arrested for Murder of Caregiver, Toddler in Abuja School

The Director of Defence Media Operations, Major-General Markus Kangye,

Troops Eliminate Dozens of Terrorists, Arrest 578 Suspects in July Operations

Inspector-General of Police Kayode Adeolu Egbetokun

IG Boosts Police Intelligence Capacity with New Tech, Training for Technical Intelligence Unit

Recent Posts

  • PSC Denies Police Recruitment, Warns Against Fraudulent Online Claims
  • Prof Pate donates 20 Laptop Computers to UNIMAID
  • Africa’s Economic Ties Deepen as Nigeria, Benin Sign Joint Trade Plan
  • Troops Raid Bandits Camps, Eliminate 1, Recover Motorcycles
  • NNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute Claims
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
PSC Denies Police Recruitment, Warns Against Fraudulent Online ClaimsProf Pate donates 20 Laptop Computers to UNIMAIDAfrica’s Economic Ties Deepen as Nigeria, Benin Sign Joint Trade PlanTroops Raid Bandits Camps, Eliminate 1, Recover MotorcyclesNNPCL Controversy: Arewa Economic Forum Raises Alarm as EFCC, DSS Refute ClaimsIPI Nigeria Demands Immediate Reopening of Badegi FM, Threatens to List Governor Bago in Black BookTinubu’s Greek gift by Festus AdedayoTroops Kill 3 Terrorists in Borno, Recover Weapons, MotorcyclesNDLEA Intercepts Cocaine, Tramadol Hidden in Vehicle Side Mirrors, Arrests Multiple Suspects NationwideCustoms, ICPC Partner to Curb Smuggling, Boost Revenue Through Transparent EnforcementPolice Spokesperson Muyiwa Adejobi Promoted to DCPPurported Resignation: Who are after NNPC Boss Bashir OjulariWill Presidential Gifts Follow as Nigerian Female Basketballers D’Tigress Reach 5th Consecutive AfroBasket Final?After ₦250m Ransom Demand, Security Guard Arrested for Murder of Caregiver, Toddler in Abuja SchoolOlubaka of Oka Praises Foundation for "Best Oka Day" Festival
X whatsapp