How half-baked administrators are killing the maritime industry
The maritime industry in Nigeria contributes about 90% by volume of the goods that come into the country and by value, it is the third largest contributor to our nation's coffers after the Nigerian National Petroleum Corporation and the Nigeria Customs Service. Since the early 70s, government has invested heavily in marine infrastructure in the sector to bring about port efficiency and high productivity.
At a point in our nation's history, there was need to build a brand new port and government set about building the Tin Can Island Port in 1977 to take care of the cement armada of the late 70s. The agencies in the sector which are funded by government include the NPA, the Nigerian Shippers Council, the Nigerian Maritime Administration & Safety Agency and the National Inland Wate...