Fresh concerns have emerged over Nigeria’s maritime sector after industry experts warned that the country is failing to fully capitalize on the growing trade opportunities linked to the Dangote Refinery.
The Maritime Researchers and Authors Association of Nigeria said the recent export of 456,000 tonnes of petroleum products by the refinery to African markets highlights gaps in government policy and execution within the shipping industry.
In a new policy review, the group noted that while the Federal Government has outlined plans to reposition the marine and blue economy sector, implementation progress remains slow.
Key frameworks designed to support local shipping operators are yet to deliver meaningful results, leaving foreign vessels to dominate trade routes.
The association pointed out that, despite increased activity driven by private-sector investment, including hundreds of vessel movements tied to the refinery, Nigeria is still not capturing the full economic value of its maritime space.
The News Chronicle understands that stakeholders believe the country risks losing significant revenue and job creation opportunities unless urgent steps are taken to strengthen local capacity, enforce existing regulations, and improve maritime infrastructure.
Experts also argue that with the refinery expanding its reach across West Africa, Nigeria is well-positioned to become a regional trade hub.
However, without decisive policy action and stronger collaboration with industry players, much of that potential could continue to benefit external operators rather than the domestic economy.
