• Privacy Policy
  • Terms
  • About us
  • Contact Us
Monday, February 6, 2023
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Nigeria addressing problems facing marine transportation

The Matters Press by The Matters Press
December 8, 2021
Reading Time: 3 mins read
0
Nigeria loses $25b to foreign ship owners

Ship with goods

Ms Gbemisola Saraki, Minister of State for Transportation, on Tuesday said the federal government had come up with some initiatives to address the challenges confronting marine transportation in the country.

RELATED POSTS

NECA fears further crashing of fragile economy

Ministry, ICRC in talks to revitalise FG’s properties abroad

FCT residents allege banks’ hoarding, selling of banknotes

Saraki said this at the International Maritime Week (LIMWeek) 2021, organised by Zoe maritime Resources Ltd., themed: “Seafarers and Maritime Capacity at the Core of Africa’s Shipping Future.”

She noted that the issues, when addressed, would lead to improved productivity, create employment opportunities and ensure sustainable development.

“Maritime transport sector is critical to the economic development of Nigeria. It contributes significantly to the country’s foreign exchange earnings from both cargo and other shipping activities.

“Unfortunately, there are factors militating against the smooth running of marine transportation, which are: Piracy, Lack of maritime transport policy to regulate the maritime sub sector,” she said.

She added that freight rates, technology and institutions had emerged and grown while human resources had not been trained-up to keep pace with these developments.

ALSO READ  PTAD directs unpaid pensioners to lodge complaints

“Standardisation of customs procedures and failure to harmonise according to World Customs Organisation (WCO) standards, Labour and labour productivity continues to pose a significant challenge.

“On a policy level, the industry suffers from a general lack of political drive to not only keep up with emerging international trends but to improve the nations responses to them.

“Woefully inadequate investments in port infrastructure, out-dated and disconnected legislation which neither supports the growth of the industry nor the effective facilitation of trade to mention a few,” she said.

Saraki listed some of the initiatives introduced by federal government as combating piracy in the Gulf of Guinea through the Deep Blue Project, which was initiated by the Federal Ministry of Transportation in collaboration with Ministry of Defence.

Others, she said, are: training and re-training of Seafarers through the National Seafarers Development Programme (NSDP); Development of Draft National Maritime Policy, to ensure sustainability and advancement of the maritime subsector.

ALSO READ  Customs awaits report on list of duties, charges for waived goods under AfCFTA

She said due to paucity of funds, the government had devised a way to develop the ports through Public Private partnership (PPP) arrangement.

Also, Mrs Heritha Muyoba, Acting Chief Executive Officer, Namibia Drydock and Ship Repair (Pty) Ltd., decried the number of African countries whitelisted by the International Maritime Organisation.

Muyoba noted that there was need to get more African countries to be whitelisted so that it would enable the region’s seafarers to serve on international ships.

She called for collaboration among African countries, adding that out of the 54 African countries, only 38 had the potential to train their seafarers, and training was key to their development.

“In global supply and demand of seafarers, there are 1,447,500 seafarers, 770,000 officers and 573,500 ratings.

“The Philippines is the biggest supplier of ratings, followed by China, Indonesia, the Russian Federation and Ukraine While China is the biggest supplier of officers, followed by the Philippines, India, Indonesia and the Russian Federation, where is Africa?

ALSO READ  Tanzania LNG project making good progress- Shell

“Africa needs to use its maritime competitive advantage by ensuring that their seafarers are trained, collaborate, create satellite campuses, spend money together to give skills to them,” she said.

Also, Mr Sune Krogstrup, Ambassador of Denmark to Nigeria commended Nigeria for the giant stride to improve the maritime domain, promising Denmark’s support in fighting piracy in the Gulf of Guinea.

“We have deployed our experts, helicopter, military personnel to ensure support to Nigeria on the fight against piracy,” he said.

Mrs Oitsematosan Edodo- Emote, maritime lawyer and Chairman Zoe maritime Resources noted that the COVID-19 pandemic had underscored the importance of seafarers in international trade.

She added that there was need to build maritime infrastructure to ensure smooth operations.

“The forum is an avenue for discussing issues in the industry as regards seafarers and international trade and prefer solutions and we have capable panelists that will do justice to that,” she said.

Tags: Marine
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

NECA on how to address Nigeria’s economic challenges
Economy/Technology

NECA fears further crashing of fragile economy

February 6, 2023
Nigeria moves to review ICRC Act
Economy/Technology

Ministry, ICRC in talks to revitalise FG’s properties abroad

February 6, 2023
Experts validate Nigeria’s implementation strategies for success under AfCFTA
Economy/Technology

FCT residents allege banks’ hoarding, selling of banknotes

February 6, 2023
New Naira notes unavailable even as CBN campaigns for acceptance
Economy/Technology

Entrepreneurs count losses over scarcity of new Naira notes

February 6, 2023
Bids roll in for Ajaokuta Steel Company
Economy/Technology

Cash crunch crashes food prices

February 6, 2023
A transformed fertilizer market is needed in response to the food crisis in Africa
Economy/Technology

Foundation ready to sustain gains of PBR cowpea

February 6, 2023
Next Post
Nigeria disburses N56bn to MSMEs

SMEs remain critical to Nigeria economy

The Most Outrageous Kim Khasyian Outfits of All Time

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

Nigeria disburses N56bn to MSMEs

SMEs, backbone of many develop countries- CISLAC

November 12, 2022
Magu, EFCC boss stings UK over Alison-Madueke

Magu, EFCC boss stings UK over Alison-Madueke

July 25, 2019

10 Ways To Stay Productive At Home During Quarantine

November 25, 2021

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • NECA fears further crashing of fragile economy
  • Ministry, ICRC in talks to revitalise FG’s properties abroad
  • FCT residents allege banks’ hoarding, selling of banknotes

Categories

  • Economy/Technology
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2022 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2022 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?