Amaechi Receives Report on Revival of National Shipping Line

• ‘Nigeria loses $2.2bn on patronage of foreign ships’

Dele Ogbodo in Abuja

The Minister of Transportation, Mr. Rotimi Amaechi, on Monday received the report of the committee he constituted in April to revive the country’s national shipping line.

On presentation of the report from the Chairman of the committee, Mr. Olu Olusoji, in Abuja, the minister immediately constituted an implementation committee which he said will be headed by the Chief Executive Officer of the Nigerian Shippers’ Council (NSC), Mr. Hassan Bello.

According to him, it has become expedient to constitute the implementation committee immediately because government attaches premium importance to the revival of the national, adding that it will greatly impact on the socioeconomic development of the country.

Amaechi said international regulator and willing investors in the industry have given Nigeria August deadline to put all the necessary framework and foundation for viable international maritime activities which will attract foreign investors.

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