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        Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

        Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

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        Oyetola leads Nigerian delegation to IMO Council Session in London

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        Red Cross certifies Maritime Journalist Roland Ekama for leadership role In Lagos

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        Trade Matters: Apapa Customs Command generates over N302bn as Mu’Azu drives fresh reforms, stronger stakeholder collaboration

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        Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

        Nigeria Customs releases 98 power equipment containers abandoned at ports in 20 years

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        Oyetola leads Nigerian delegation to IMO Council Session in London

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        Red Cross certifies Maritime Journalist Roland Ekama for leadership role In Lagos

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        Trade Matters: Apapa Customs Command generates over N302bn as Mu’Azu drives fresh reforms, stronger stakeholder collaboration

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        AFRIDEX 2026: NIMASA unveils newly acquired tactical assets for Deep Blue Project

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          Obasanjo warns against use of govt funds to establish new national shipping line

          onepageafrica by onepageafrica
          June 4, 2020
          in Uncategorized
          0
          Obasanjo warns against use of govt funds to establish new national shipping line
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          Former
          President of Nigeria, Chief Olusegun Obasanjo, on Monday advised against the use of government funds in re-floating a new national shipping line, considering the waste
           and mismanagement suffered by the former Nigerian National Shipping Line(NNSL).

          The former
          president was speaking as the chairman at the opening of a two-day maritime
          stakeholders’ summit on building a sustainable maritime industry, holding at
          the Oriental Hotel, Victoria Island, Lagos.

           He said the maritime industry in Nigeria had
          huge potential capable of 
          re-positioning the nation’s economy if and when the
          appropriate reforms were done.



          He advised that the Nigerian maritime industry be driven on a Private, Public Participation (PPP) model for effective service delivery and economic benefits for the nation.

          Obasanjo
          suggested that maritime institutions such as the Nigerian Maritime Administration
          and Safety Administration (NIMASA), the Nigerian Ports Authority (NPA) the
          Nigerian Shippers’ Council and the National Inland Waterways Authority (NIWA) would
          be more efficient if modeled after the structure of the LNG.

          According to
          the former president, the LNG, unlike the NNPC, is performing well and
          sustained in its delivery and growth because of the 51 per cent private
          participation and government’s 49 per cent investment.

          He also made
          reference to the performance of the telecommunication sector, which he said
          succeeded because it was put in private hands to run.

           “With privatization of the telecommunications,
          in less than 10 years there are over 20 million lines and government did not
          out a dime in it,” Obasanjo said.

           He described the experience of the Nigerian
          National Shipping line a
          nd the Nigerian Airways as ‘heartbreaking’ and urged
          the transportation minister not to commit government funds into floating a new
          national shipping line, considering how 19 ships in the fleet went underground
          within 20 years.

          Also
          speaking, the Minister of Transportation, Hon. Rotimi Amaechi, said this
          administration was interested in reforms for meaningful change to benefit the
          economy, much as the operators in the various sub-sectors of the industry. 

          He gave assurance
          to come up with an all-embracing maritime policy for Nigeria, while ensuring a
          safe and secure environment for both foreign and indigenous investors, for them
          to reap returns on investment and ensuring economic benefits to Nigerians.
          The minister
          said computerizing the system would help to eliminate corruption, and enhance
          services with the single window.

          He also
          noted that an efficient maritime industry would be driven with effective
          regulatory and omnibus service such as the flag-state and port state
          activities, port management and administration, freight forwarding and other
          ancillary services.

          He pointed
          out the challenge of inadequate capacity level and revenue leakages, and stated
          the need to check mismanagement, corrupt practices, application of
          inappropriate technology and slow or no-response to industry demands as the
          case may be.

          He expressed
          government’s commitment to ensuring a seamless 
          multi-modal transport system to facilitate backward integration of all sectors of the economy.

           The minister urged stakeholders to support the
          laudable initiatives of government aimed at 
          re-positioning the maritime industry
          for higher productivity and more efficient services.

          He told the
          gathering that government would not put in money to establishing a new shipping
          line, as it had been agreed that the initiative be driven on private
          investment.

          Tags: Chief olusegun Obasanjomaritimemaritime domainNewsNigerian National Shipping lineShippingsustainable development
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