Blue Economy: Minister Commits CEOs To Performance Bond

Blue Economy: Minister Commits CEOs To Performance Bond
Chief Executive Officers of agencies under the Ministry of Marine and Blue Economy with the Minister, Adegboyega Oyetola as well as the Permanent Secretary, Dr Magdalene Ajani in a photo session displaying signed performance bonds in Lagos on Thursday

In an unprecedented move the Minister of Marine and Blue Economy, Adegboyega Oyetola has made the heads of parastatal under the ministry to commit to performance bond.                                     

 This, according to the Minister is to ensure that they commit to service delivery and be held responsible for their actions. 

Each of the agencies’ chief executive officer took turn to sign the performance bond before the Minister and the permanent secretary of the Ministry, Dr. Mrs. Magdalene Ajani seated  beside her boss at  Eko Hotels and Suites, Lagos on Thursday at the just concluded ministerial retreat for  parastatals’ management  which followed the stakeholders’ roundtable on blue economy held earlier in the week.  

 Oyetola supported by his Permanent Secretary,  replicated the performance bond, which they both signed with President Bola Ahmed Tinubu, with the Chief Executive Officers  of the agencies under the Ministry

The Nigerian Maritime Administration and Safety Agency(NIMASA’s) Director General,Dr.Bashir Jamoh, signing a performance bond followed by Ports Authority (NPA)’s Dr. Muhammed Bello Koko

The Minister charged the heads of agencies under the ministry to work assiduously to realize their deliverables as captured in the Performance Bond signed by him noting that the execution of the performance bond, in addition to the completion of key projects within the ministry would no doubt position Nigeria as one of the maritime nations in the world.

Mohammed Bello-Koko doing same

Oyetola reiterated the charge from President Bola Ahmed Tinubu to ministers to “unfailingly demonstrate innovative thinking and an unrelenting focus on results,” the ministry of Marine and Blue Economy was set to position Nigeria as a premier maritime nation.  The same charge was given to the heads of agencies under the marine and blue economy ministry.

The Minister and his Permanent Secretary, Dr. Ajani sat through the Cascading Retreat with the Chief Executives of the agencies of the Marine and Blue Economy sector, guided the latter to come up with their respective contributions to the Ministerial Deliverables for the sector, critique the submissions, cleaned them up and got each CEO to adopt and sign.

The Rector of MARITIME Academy of Nigeria(MAN),Oron, Commodore Emmanuel Duja Effedua .

The signing-to was led by the Nigerian Maritime Administration and Safety Agency (NIMASA)’s Director General, Dr. Bashir Jamoh, followed by Nigeria Ports Authority ( NPA’s) Mr. Muhammed Bello- Koko. 

The Executive Secretary of the Nigerian Shippers’ Council (NSC) Akutah Pius Ukeyima.

The others that signed in quick succession are the Rector of the Maritime Academy of Nigeria (MAN), Oron, Commondore Emmanuel Duja Effedua; the Acting Registrar of  the Council for Freight Forwarding of Nigeria (CRFFN), Chinyere Uromta; Akutah Pius Ukeyima, the Executive Secretary of the Nigerian Shippers’ Council (NSC).

The  Acting  Registrar of the Council for Freight Forwarding of Nigeria (CRFFN), Chinyere Uromta.
The Acting Registrar of the Council for Freight Forwarding of Nigeria (CRFFN),Chinyere Uromta.

Munirudeen Bola Oyebamiji of Nigeria Inland Waterways (NIWA) couldn’t sign because he was unavoidably absent, and his representative at the event, Olawale Adetola could not sign on his behalf. 

The highlight was when the Chief Executives were invited to the podium to display their deliverable documents so as to be seen to be committed to, by all present.

The question from observers however remains whether this could guarantee the CEOs longevity in office especially with the high pitch of uncertainty clouding their tenure of office under this regime.

Check Also

Airlines Struggle To Clear Backlog After Strike

Airlines Struggle To Clear Backlog After Strike

Nigerian airlines are grappling with operational challenges as they work to accommodate passengers and clear …

Leave a Reply

Your email address will not be published. Required fields are marked *

× Get News Alert