Nigeria Maritime Sector Worth N77bn - PCC

Abiola Seun

The Port Consultative Council of Nigeria (PCCN) has said that the Nigerian maritime industry has capacity to create a N77trillion wealth.

Speaking during the presentation of books and other academic materials to the management of the University of Lagos (UNILAG), the Chairman of PCC, Otunba Kunle Folarin said that the institution must key into research that will create such opportunities for the Nigerian maritime industry.

He explained that the story of the Philippines is an example of a country without natural resources but has been able to create an enabling maritime industry and exports such materials to the rest of the world.

He stated: “I was at the Ministry of overseas employment in Manila where they say they generate $15billion for homes remittances from their workers outside. What did Philippines do, they created 54 Collages of maritime education and tried to train their people in maritime and export them to the world.

“Today, 60 percent of all the ratings on the ships in the world are manned by Philippinos, that is employment.

“Empowerment because those who created the schools have been empowered, looks at the entrepreneurship and therefore they were able to be empowered to take advantage of the economic possibilities created by the maritime domain in their country.

He said that Nigeria has what it takes to not only export maritime services to the world, but also create ancillary industries within its maritime domain.

However, PCCN and UNILAG have commenced moves to review conflicting laws establishing some maritime institutions in Nigeria.

Folarin said that there are conflicting laws setting up some agencies in Nigeria, adding there is a need to review them so that these agencies do not usurp the functions of each other.

He stated: “There are conflicts in the laws. If you take the Nigerian Shippers’ Council Act with the Nigerian Maritime Administration and Safety Agency, NIMASA’s Act, you will see the conflicting areas and we know why that happened but that is not for today.

“Secondly, the world is moving on; are we indeed careful of climate change; are we thinking of the flooding in the port areas; have you noticed that the city has grown into the ports, creating congestion and gridlock at the port corridor.’?, he asked.