Key ingredients Nigeria needs for new trade outlook: improved port operations, Customs trade facilitation and more – Orakwusi
Post COVID-19 lock-down, Nigeria would need to work with greater focus to meet the new demands of world trade as many economies would be working with speed and beneficial actions.
where economies of countries would either struggle to take the new lead or play a steady catch-up with remarkable progress.
beyond revenue collection. She also seeks a new approach that would ensure
greater efficiency in the nation’s port operations.
reshape their economies and keep moving?
annually; cargo for export and cargo for import. For us, we need to align where our strength lies, we develop our shipping because all over the world, if you have the cargo you command the way and manner the cargo be lifted.
should that direct our preferences for the economy?
advice is that we should all specialise in areas that we have comparative advantage over others. Then, we should learn to at least have, not courage, but be confident in attacking issues with the rest of the world. It is not all the time that an imported item is better than what we produce here. And it is not all the time that we should go cap- in -hand begging for whatever from all these nations. We should look inward. This is a nation where you have crude oil, you have the market, and you have very good land. We can actively grow
this economy without assistance from anybody. And this is the time, if this is the only thing we are taking away from the challenges of COVID-19, I think we are doing very well.
waters, very huge, a lot of potential, and we should guard it jealously. We should not allow people who have destroyed their environment to come and do same in Africa, and to dump their waste in Africa. It is not acceptable. And we need to be bold enough to scream it to their ears; the EU, all of them, UN, and IMO, everybody should know, because our environment is really being battered.
think these things should be addressed.