(NIMASA), Dr Dakuku Peterside has called for synergy between Local Content Act
2010 and Cabotage Act 2003 to boost shipping logistics in Nigeria.
Peterside made the call during a one-day seminar organised by the
Maritime Reporters’ Association of Nigeria (MARAN) with the theme: “Local
Content Development in Shipping, Oil and Gas Logistics Operations in
Nigeria” on Tuesday in Lagos.
Shipping Development in NIMASA, Mrs Anna Akpan, said that shipping had
always been of strategic importance to the oil and gas industry.
transported by ships.
This shows that the oil industry relies heavily on maritime industry for its
interests with the oil and gas sector but also common challenges.
is a known fact today, that in spite of the huge activities and revenue
generated by these two industries, their impact in terms of employment and
generation of economic growth had been so low.
economy accounts for almost 90 per cet of the foreign earnings for the
country but less than 20 per cent contribution to Gross Domestic Product and
five per cent of total employment which is a misnomer.
ranked the seventh largest oil producer in the world and it is only oil-
producing country that does not carry a drop of its crude,” Peterside
an estimated annual cargo throughput of N150 million onnes with freight
earnings in excess of $5 billion in her international trade transactions.
with the job deprivation to the country.
Local content Act and Cabotage Act to identify areas of common interests and
design a strategy for an effective implementation for the benefit of the
of the Local Content Act and came up with its implementation within the
ambit of Cabotage as related to maritime activities.
Development and Monitoring Board (NCDMB), Dr Ginah Ginah, said many
pipelines were built over 50 years ago which needed to be replaced as a matter
Bank of Industry to enable indigenous operators to access loan at 8 per cent
developments but there was no vacancy to enable them to operate.
immediate problem of the oil and gas sector in the country,” Ginah said.
Obaseki, who was represented by the President, Waterways Oil and Gas
Association, Capt.Tony Vevakpor, said that the Gelegele Port was in process.
modular refineries to decongest Lagos ports.
Njoku, said that shipping operations in Nigeria were problematic sector
in view of the complexities associated with operations in shipping, oil
and gas operational logistics.
operations in these sub-sectors to make gains as these sector were lucrative if
achievable experience as this will land us half way to the moon, since there is
no end to knowledge,” he said.
Police and Customs, to work in line with the constitutional provisions and the
standard set by the International Maritime Organisation (IMO) as well as other
conventions and regulations on how to conduct smooth commercial shipping and
operatoonal logistics and ensuring good conducts in all ramification to achieve
the set goal in the sub-sector,” Njoku said.