The Nigerian maritime industry is expected to play a crucial role in the Federal Government’s ambitious goal of achieving a $1 trillion economic growth by 2027.
Pius Akuta, the Executive Secretary of the Nigerian Shippers Council (NSC), shared this insight during a recent visit to the Tincan Island Container Terminal Limited in Lagos.
President Bola Tinubu had earlier declared the government’s commitment to propelling Nigeria into a $1 trillion economy within the next three years, specifically by 2027.
Acknowledging this vision, Akuta underscored the importance of the marine and blue economy ministry in steering the nation toward this economic milestone.
“Mr. President and his new hope agenda for this country are aiming to move from a $500 billion economy to a $1 trillion economy within four years. The marine and blue economy ministry is identified as one of the key ministries that will contribute significantly to achieving this economic goal,” stated Akuta during the tour.
Akuta emphasized the government’s focus on collaborating with the private sector to revitalize the maritime sector.
He mentioned that the Minister of Marine and Blue Economy, His Excellency Oyetola, is actively working on crafting a comprehensive blueprint and a new policy document.
This initiative seeks to address infrastructure deficits, decay, and the automation of port systems, ensuring a comprehensive approach to overcoming persistent challenges.
“The Minister of Marine and Blue Economy, His Excellency Oyetola, is already exploring the development of a holistic blueprint and a new policy document that will encompass infrastructure deficits, infrastructure decay, and the automation of port systems.
The idea is to address the entire system comprehensively, rather than tackling individual issues while others persist. It’s about looking at the bigger picture and finding solutions,” added Akuta.
Etienne Rocher, the Managing Director/Chief Executive Officer of Tincan Island Container Terminal Limited, underscored the significance of rehabilitating and modernizing Lagos Ports.
He highlighted that these efforts are crucial to meeting the requirements that will attract shipping lines and make Nigeria competitive in West and Central Africa.
