NEW TRANSPORT MINISTER URGED TO CONCENTRATE ON SHIPPING

New Transport Minister
Urged To Concentrate On
Shipping
Agency Report
— Nov 11, 2015 3:55 pm | Leave a
comment
The Nigeria Shipowners Association
(NISA) on Wednesday urged the new
Minister of Transport, Mr Rotimi
Amaechi, to concentrate on shipping.
The President of NISA, Capt. Niyi
Labinjo, made the plea in an interview
with the News Agency of Nigeria (NAN)
in Lagos.
He said Nigeria could realise from the
shipping sector as much as between two
to three trillion naira yearly.
The mariner explained that in terms of
foreign exchange earnings, the nation
could earn 15 to 20 billion dollars yearly,
or even more.
The ship owner explained that shipping
could also provide employment for well
over one million Nigerians.
He advised that the focus should not,
therefore, only be on the railways,
stressing that it should be all
encompassing.
Labinjo said that if government ignored
shipping investments, operators would be
forced to go to Ghana, Equitorial Guinea
or Angola, or any other country.
He said that past ministers of transport
focused attention only on the railways,
saying that “past ministers of transport
saw shipping as belonging to the
foreigners ‘’.
The mariner said government should take
into consideration that in the shipping
business, the operator would pay taxes,
create employment and provide ancillary
businesses for Nigerians.
He said Nigeria should learn from
Singapore, where everybody “is into
shipping’’.
“Singapore has a population of over 100
million people. It has no single drop of oil
and has just six per cent of what Nigeria
has in terms of water frontage.
“The Philippines also relies a lot on
shipping, ’’ Labinjo told NAN.
He described the incoming minister as an
intelligent Nigerian and a goal-getter.

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