• Contact Us
  • About Us
Saturday, April 25, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Senate passes law to establish Maritime University in Niger Delta

metro by metro
May 4, 2017
in Economy
0
Senate
0
SHARES
0
VIEWS

The Senate has passed the bill for the establishment of Nigerian Maritime University in Delta State, thereby bringing the proposed school close to gaining statutory status, three years after its foundation was laid.

The groundbreaking of the proposed school at Okerenkoko in Warri south-West local government area was done by former President Goodluck Jonathan in 2014 and, according to the Minister of State for Petroleum Resources, Ibe Kachikwu, physical assets were on site.

Read Also

FG Eyes ₦700bn Via April Bonds

Nigeria’s Budget  System Archaic,  Drives Unsustainable Deficit-Ugwudioha

N34trn Revenue  Leak Sparks Outrage As ActionAid Demands Forensic Audit Of Nigeria’s Finances 

However, there was no law backing the establishment of the university.

The bill for its establishment was passed by the Senate on Thursday, following the report of the committee on tertiary education and TETFUND chaired by Barau Jibrin, APC-Kano.

The bill was sponsored by James Manager, PDP-Delta.

The passage came well over one year after the Minister for Transport, Rotimi Amaechi, hinted at the scrapping of the school whose founding he described as a “misplacement of priority” and “waste of resources”.

Mr. Amaechi also cited insecurity as basis for his argument against the school.

Mr. Amaechi also expressed concerns with the payment of a huge N13 billion for the procurement of land for the school, allegedly, to wanted militant leader, Tompolo.

“My argument about Okerenkoko is that land alone is 13 billion (naira). If you give me 13 billion, I will buy the half of Lagos. That 13 billion has built the university already,” said Mr. Amaechi during a town hall meeting in Uyo on June 14, 2016.

But the Minister of State for Petroleum, Ibe Kachikwu disagreed with Mr. Amaechi, saying he was in support of the project, drawing a loud applause from the audience, at the meeting moderated by Information Minister, Lai Mohammed.

“Any facility that is located in the South-South we should work close to developing it,” said Mr. Kachikwu. “I don’t care the circumstances under which you are placed.”

“So much physical of assets are being developed. We are not going to throw away the baby with bath water. We deal with the issues but the university will be developed. If he (Amaechi) does not want it in Maritime, I will take it in petroleum.”

The Senate referred the bill for consideration of the education committee in November 2016, when it scaled second reading.

Mr. Manager, the sponsor, argued that the maritime sector had huge potentials and that Nigeria should have a university for the purpose of producing capable manpower for the sector which, as he said, is currently dominated by foreign interests.

On suitability of Okerenkoko for the project, he said the area was close to the sea and surrounded by oil wells.

The bill will now be transmitted to the House of Representatives for concurrence and the later for President Muhammadu Buhari’s assent, before it becomes law, which would allow the school access to funding from the annual budget

Previous Post

African Markets – Factors to watch on May 4

Next Post

FG challenges newly inaugurated Board of  FRC on corporate governance

Related Posts

Debt Management Office
Economy

FG Eyes ₦700bn Via April Bonds

April 23, 2026
FG Intensifies Moves To Avert Looming Inflation Protests Amid Hide & Seek Game In Week Of Decision
Economy

Nigeria’s Budget  System Archaic,  Drives Unsustainable Deficit-Ugwudioha

April 19, 2026
N34trn Revenue  Leak Sparks Outrage As ActionAid Demands Forensic Audit Of Nigeria’s Finances 
Economy

N34trn Revenue  Leak Sparks Outrage As ActionAid Demands Forensic Audit Of Nigeria’s Finances 

April 17, 2026
Minimum Wage: No Cause For Alarm, Says Finance Minister, After Meeting Tinubu
Economy

Nigeria’s Finance Minister, Edun Says Developing Nations Need More From IMF, World Bank

April 14, 2026
Next Post
Okechukwu Enelamah

FG challenges newly inaugurated Board of  FRC on corporate governance

Industry leaders meet to discuss impact of compliance pressures on HR priorities in South Africa

April 23, 2026
Stakeholders Express Concerns Over FG’s Budget Of N135Bn For 2027 Election Lawsuits, Say Outrageous, Democracy Under Scrutiny

My Acceptance Of INEC Job Was Based On God’s Conviction 

April 23, 2026
refinery

Oil Gains As US-Iran Talks Stall, Hormuz Shipping Still Disrupted 

April 23, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version