Business

National maritime fleet has capacity to overtake NNPC in GDP contribution – Minister

By Myke Uzendu, Abuja

Minister of Transportation, Mu’azu Jaji Sambo on Tuesday disclosed that Nigeria is ready to tap into the opportunities in the maritime sector and float its fleet within two months if the Nigeria National Petroleum Corporation Limited is willing to partner on the project.

The Transportation boss lamented that even as Nigeria is the sixth largest producer of crude in the world, it does not have a single boat to enhance its operations adding that Nigeria is a maritime country and if it gets it’s acts together, the country will have no business looking for money from the oil sector as contribution to the GDP.

Sambo made the disclosure at the Ministry’s headquarters in Abuja when it received an interim report on the need establish a strong and sustainable national fleet by the Nigerian Fleet Implementation Committee, according a statement released by Eric Ojiekwe, Director of Press and Public relations.

The minister said that establishing a national maritime fleet in a task he is keenly interested in, because “Nigeria is a maritime country and if Nigeria gets it’s acts together, the country will have no business looking for money from the oil sector as contribution to the GDP of the country.”

Speaking on how the project can be immediately realized, he said: “I don’t know whether in the course of the Committee’s consultations with other Stakeholders, you were able to have some conversations with the Nigerian National Petroleum Corporation (NNPC) because, If NNPC, can give 100 % support, this matter can be closed in two months.

“How can we be an oil producer, I think we are the sixth largest oil producers in the world and I don’t think that position have shifted and yet we don’t have one single boat carrier,” the Minister asked while informing that he would approach the President, Mohammadu Buhari and the Minister of State for Petroleum Resources on the prospects and implementation of the Nigerian Fleet.

Earlier, the Executive Secretary, Nigerian Shippers’ Council and Chairman, Nigerian Fleet Implementation Committee (NFIC), Emmanuel Jime, said the Committee was constituted by the immediate past Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi, to implement the recommendations in the report by an earlier Ministerial Committee on Modalities for the establishment of a Nigerian Fleet.

Jime who was represented by Managing Director, Sea Transport Group and member, NFIC, Umar Aminu, stated that the initiative was a way of responding to the non-participation of Nigerians in the carriage of Nigeria’s international cargo as well as the loss of freight revenue, jobs and other benefits which would otherwise have accrued to the country.

He also said: “In the course of carrying out the mandate, lessons have been learnt and some modest achievements have been recorded. These have been captured in this interim report which we are submitting today. The work is still ongoing and the goal of creating an enabling environment for the growth of sustainable Nigerian fleet will be achieved in due course”.

Continuing, Jime noted: “There were challenges that impeded the quick realization of the project as earlier envisaged. Shipping is international and competitive in nature and Nigeria cannot operate in isolation, hence the need for the operating environment to be similar to what obtains elsewhere. This has been a major challenge to the growth of the sector in Nigeria. Review of certain trade policies, access to funds and technical/human capacity are issues that need to be resolved”.

Related Posts

Leave a Comment

This News Site uses cookies to improve reading experience. We assume this is OK but if not, please do opt-out. Accept Read More