Dwindling Economy Affecting Businesses across Sectors, Says Emeje

Emma Okonji

Worried about the dwindling situation of the Nigerian economy, which is adversely affecting businesses across all sectors of the Nigerian economy, the Executive Chairman, Courier and Logistics Management Institute (CLMI), Prof. Simon Emeje, has said paying close attention to Courier, Logistics, Transport and Management, can revamp Nigeria’s economy and re-position businesses for increased job creation.  

Emeje who said this in Lagos while announcing the forthcoming CLMI’s International Conference and Investiture 2023, scheduled to hold November 23 in Lagos, insisted that Logistics, Courier, Transport and Management alone, command an average asset worth of over N3 trillion.

He therefore advised Nigerian government to look inward at Logistics, Courier, Transport and Management, to boost the Nigerian economy, adding that CLMI has combined the four pillars as professional course offered by the institute.  

CLMI is the first and the only academic and professional Institute in the world with a combination of courier, logistics, transport and management as one capacity building package.

According to him, the field of Courier, Logistics and Transport Management is relatively untapped globally. But in the contemporary times, the business of courier, logistics and transport has become critical in national development. This prominence and the need to train and promote professionalism and certification in courier, logistics, transport and management services have made it imperative to establish this Institute (CLMI)”, the Executive Chairman said.

He added that in the context of integration, the effects of logistics on the economy and enterprises are becoming ever more important.

“When the economy of a country develops, it is propelled by the development of logistics. On the other hand, as logistics develops, it is the foundation for the development of other industries and infrastructure in the economy.

“Today, logistics is even more important when it is considered a base for sectors of the economy because it helps to link the flow of goods and services from the first partners to the final customers, thus contributing 3.5 per cent to Gross Domestic Product (GDP). Besides, the industry of Logistics, Courier, Transport and Management, creates millions of job opportunities.

“This explains why logistics is essential to all businesses and to the economy, and it is for this reason that this year’s CLMI International Conference and Investiture is focusing on “Logistics Solutions and National Infrastructure Development,” Emeje added.

Speaking about the conference, Emeje said the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, would lead other stakeholders to the CLMI’s International Conference and Investiture 2023.

The Minister is expected to chair the occasion, while the Chairman, Senate Committee on Communications, Senator Aliyu Ikra Bilbis, will deliver the keynote address.

Emeje, said the event would stimulate discussions and make contributions to the national and enterprise agenda for the realisation of national and corporate success, including creation of job opportunities.

“The event will feature recognition and conferment of awards to distinguished personalities who have contributed to the civil society and their respective professions.  It is a gathering of sharp minds and focused personalities and professionals worldwide from Nigeria, some European and African countries. It will attract renowned international speakers on topical emergent industry, national and international issues. It is a forum for good networking and face-lifting of businesses and individuals,” Emeje said.

Highlight of the event, will be the public presentation of the book titled: ‘Logistics Solutions for Enterprise and Infrastructure’, authored by Emeje.