Saturday, February 24, 2024

House Advocates Establishment Of Nigerian Shipping Commission

The Chairman House Committee on Shipping Services, Abdussamad Dasuki, has assured that the committee will assist in seeking legal backing for the establishment of a Nigerian Shipping Commission.

He also pledged the sincere support of his Committee towards the timely implementation of the International Cargo Tracking Note.

Dasuki said this at the opening ceremony of a two-day strategy retreat for senior executives of the Nigerian Shippers’ Council (NCS) on Thursday in Lagos.

The retreat had the theme: “Strengthening the Economic Regulation of the Marine and Blue Economy for Sustainable Development.”

Examining Nigeria’s Maritime Industry And Blue Economy

According to Dasuki, this move aims to bolster and regulate the country’s maritime sector, echoing the urgent need for an independent regulatory body.

Abdussamad Dasuki emphasized the urgency of legislative backing and echoed the call for expeditious action to enact a dedicated law providing the necessary legal framework for the Council’s operations.

He stressed that the committee members are committed to swift parliamentary processes to realize this vital legislation by next year.

“I believe one of our takeaways here is we should have a Nigerian Shipping Commission, not a council.

“You are to be independent, you are to be a commission. You are the regulator of this very important mission.

Dasuki lamented the disparity in the sector’s existing contribution to the national Gross Domestic Product (GDP) hovering around a meager one percent and the anticipated 20 percent.

He stressed the need for strategic interventions to bridge the gap and maximise the industry’s economic potential.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

For Advert Placements, Email: info@ln247.news

Latest Articles