The Nigerian Maritime Administration and Safety Agency (NIMASA) has approved the addition of $2,000 to the stipend of each of the foreign-trained cadets under its sponsored Nigerian Seafarers Development Programme (NSDP).
The Director General of NIMASA, Dr Bashir Jamoh, in a statement, said the review was imperative due to global inflationary trends in the Philippines, India and some other countries where Nigerian cadets are undergoing Certificate of Competency (CoC) Examination training.
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He said, “We have put in place immediate and long-term arrangements to minimise the effect of inflation on their living standard during the programme. The management of the agency has approved an additional $2,000 dollars for each cadet, as extra funds due to inflation.
“This is a short-term measure to cushion the effect. I am sure the Nigerian Embassy will get in touch with the students immediately and the funds are ready to be disbursed. It is a well-coordinated arrangement through the embassy,” Jamoh noted.
The NIMASA boss said though the agency pays the tuition fee, examination fee and the original cost of feeding and accommodation in full for the cadets, they get an allowance for extra funds as pocket money.
