The Minister of Marine and Blue Economy, Adegboyega Oyetola, has lamented that Nigeria remains the only member of the Organization of the Petroleum Exporting Countries (OPEC) that doesn’t not have a national shipping line to bear its flag.
Speaking recently in Lagos, Oyetola recommended the establishment of a national carrier through Public Private Partnership arrangement for freight transport in the country.
He observed that the establishment of a national carrier will put an end to over 30% freight charges in Nigeria.
Oyetola however noted that his call for a national line should not be misrepresented as a call for the re-establishment of the moribund Nigerian National Shipping Line (NNSL).
According to a statement by Henshaw Ogubike, the Minister admittedly considered the Nigerian Maritime Administration and Safety Agency (NIMASA) Modular Floating Dock.
The Minister said the Floating Dock has the capacity to generate jobs and stem capital flight therefore, called on the Agency to explore the buy-in of stakeholders.
He also expressed government determination to reposition the Maritime sector for the welfare and wellbeing of Nigerians.
READ ALSO FROM NIGERIAN TRIBUNE
As Nigeria continues to grapple with various socio-economic challenges, one issue that demands urgent attention…
Aso-Oke is an age-old handicraft largely accompanied by huge profit; however, the recent skyrocketing in…
He lamented that people package a Certificate of Sponsorship for those travelling (Japa) and sell…
The APC youth leaders' network has commended the Minister of State for Defence, Bello Matawalle,…
Fidelity Bank Plc in its financial performance for the first quarter of 2025, has reported…
The data showed that 75 per cent of the candidates scored below 200 in the…
This website uses cookies.