Maritime expert urges FG to adopt PPP for indigenous shipping development

 A maritime consultant, Dr Alex Nwangwu, has urged the Federal Government and stakeholders in the maritime industry to adopt a public private partnership model to address challenges of indigenous shipping development.
Nwangwu   said that it was inadvisable for government to solely own a  shipping line again, bearing  the past experience of mismanagement.

“Considering how things have dwindled from when we were in the Maritime Academy of Nigeria, Oron, government should not establish a shipping line.
“The national carrier had in its fleet, 30 ships, but all that is gone today, which shows that such business cannot be left as government-owned.
“The best model is government’s partnership with stakeholders in the private sector to develop indigenous shipping, and it is on this note that the business can be run profitably,” Nwangwu said.
According to him, many of the vessels operating in Nigeria are foreign-owned  and mostly manned by Indian nationals, leaving a lot of trained Nigerians without jobs.
“Today, most of the vessels operating in Nigeria are owned by foreigners and manned by Indian nationals, so, the locals have no jobs to do.”
Nwangwu said that the cabotage law which was meant to favour Nigerians in the local shipping operations had not been totally favourable as the shipyard assignment of technology transfer had not worked   as proposed.
“We have no ships, but our cabotage law says the ships must be indigenously- owned, and the objective of the Nigerian shipyard was to transfer technology, but today, very few Nigerians work there.