… FG insists Stakeholders must respect Council as Economic Regulator***
The Nigerian Shippers Council (NSC) at the weekend stressed the need to develop the ports’ infrastructures to enable the port industry to become truly competitive.
The NSC Executive Secretary and Chief Executive Officer, Emmanuel Jime stated this in Lagos, warning that every measure would also be pursued to stop the development of monopolistic tendencies by ports’ core operators, even as the Federal Government, represented by the Federal Ministry of Transportation, insists that industry stakeholders must respect the Nigerian Shoppers Council as revered Economic Regulator.
Welcoming key players and decision-makers in the Nigerian Maritime industry to a Stakeholders Sensitisation meeting at the Eko Hotel, on Friday in Lagos, the NSC Boss, Emmanuel Jime described the industry as both important and critical, and whose operations must be jealously monitored, in the interest of the nation’s economy.
“We are well aware that the maritime industry plays an important role in the development of any country”, Jime declared, calling attention to the fact that the industry, particularly maritime transportation and its related activities, do greatly influence national growth, wellbeing in addition to exerting a huge influence on general price index in the country.
He noted that with the concession of the port in 2013, though cargo tripled, potentially increasing in volumes, it however brought new Challenges, some of which solutions had not been found.
He frowned on the fact that the huge growth was neither adequately felt in all entire West and Central African sub-region, thereby forcing the subregion to compete amongst themselves, rather than compete, on a global pedestal.
He expressed dissatisfaction that on the global trend, the Sub-Sahara African trend, was still about 6% of global trends.
“Furthermore, about seven percent of export cargo, are primary commodities, while the majority of the imports are consumables.
“Therefore, there is a need to develop the nation’s industrial base so as to balance things and boost the nation’s economy.
The Council Boss said the port presently has critical infrastructure needs, which must be made met to ensure its competitiveness, and assist to guard against the development of monopolistic tendencies; so as to ensure that ports users remain truly free for their numerous bids, to enter and exit.
He stressed his determination to ensure that each port user enjoys the benefits of lower prices and efficient service delivery, due to a regime of free competition.
Maritime First: Standing Still… to ensure you miss nothing!
In the meantime, the Federal Ministry of Transportation has tasked all the nation’s port industry operators to treat the Nigerian Shippers Council as a revered Economic Regulator.
The FMOT Permanent Secretary, Dr. Magdalene Ajani who made this remark at the Sensitisation event, also explained that while the Nigerian Ports Authority remains the Technical and Operational Regulator, the position of the Nigerian Shippers Council remains inviolable, as revered Economic Regulator.
She, therefore, urged stakeholders who have currently engaged the Council in litigation to see the urgent need, to make peace, in the overall interest of industry harmony and growth.