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job in Nigeria posts.

Nigeria has been losing an estimated $190.650 billion annually due to the non-registration of crude oil lifting vessels under an international practice called free-flagging. Experts in the industry have said that for rapid and strategic development of the industry and boost in the Nigerian economy, in line with global trends, the country should adopt the registration of Nigerian free-flagged vessels which attracts some fees.
In a memorandum submitted to the House of Representatives on the Petroleum Industry Bill (PIB), it is estimated that there are over half a million vessels involved in crude oil lifting globally and it costs a shipping company between $1,500 and $3,000 to register its vessels for services in the free-flag areas.
Nigeria is yet to join the free-flag zone and has therefore not benefited from this money spinning sector of the petroleum industry.
The memorandum co-authored by two oil firms - Messrs MO Energy Limited and Petro Star Nigeria Limited - revealed that the Federal Government could generate a minimum of $75 million annually from registration of flags alone which are then hoisted on the ocean-going vessels.
Mr. Jeff Okoli, who presented the memorandum on behalf of the group, said besides the flag registration, the free-flagging had other multiplier effects on the economy because of its potential of generating employment opportunities and creating wealth for Nigerians.
“Other areas of value added activities include monthly supply of about 3,000 litres of prima and 5,000 litres of marine finishing coat per vessel on board monthly, paints, manpower for each vessel, under the IMO (International Maritime Organisation) regulation, to which flag states must ensure compliance. This would also generate millions of dollars and high volume of jobs for Nigeria and her citizens.
“Apart from the financial and job analysis of the benefits accruable to the government and people of Nigeria, it would also lead to the development of Nigeria’s shipping tanker fleet, associated transfer of technology, control of the mechanics of sea transportation and capacity development,” the memorandum said.
According to Okoli, these would ensure better awareness of market trends and afford Nigeria the strategic advantage of controlling the direction of its oil trade. It would also enhance national, regional and international strategic considerations; freight supply would also be assured in emergencies such as international or regional conflicts, blockades or sabotage.
He said countries such as United States, Britain, Iran and Iraq are good examples where vessel-flagging opportunities have paid off.
In order to actualise this area of business, the group said, the Federal Government should ensure through policy mechanism or legislation, that cargo owners give preference to Nigerian flagged vessels to load cargo abroad.
Okoli said by adopting the policy, government would be encouraging ship owners to take up Nigerian flags, reduce demurrage and discourage foreign domination of the crude oil lifting business.

Equity Assurance Plc is an insurance company with a vision of being a leading African Insurance company. It is currently recruiting young and talented people as Marketing Agents.

Candidates will be self motivated with good customer focus and aggressive marketing drive.

RETAIL MARKETING AGENTS

* Applicants should possess good oral and written communication skills, a minimum of OND with at least 1 year work experience
* Must not be less than 20 years old
* Experience in insurance marketing or business will be an added advantage.

Method of Application:

If you fit the bill, please forward a one-page CV to info@equityassuranceplc.com
Only short listed candidates will be contacted.

Deadline 10th November, 2009

The Merit list for admission will soon be released, between Nov 6th - 10th.
If you are a non-indegene and you scored 200 when you summed up your jamb score and your PUME score then you divided by two, your name will be in that list. if you didn't meet up to that, you have to wait for supplementary form.