Sponsored
Maritime

Council To Provide Support, Advisory Services For Success Of AfCFTA

Sponsored
Sponsored

LUCKY LAWAL

The Nigerian Shippers Council in preparation for the enhancement of Nigeria’s opportunities in the recently signed African Continental Free Trade Agreement (AFCFTA), has promised to give stakeholders support services, advisory services among others during the programme.

The Executive Secretary/Chief Executive Officer, Barr. Hassan Bello, dropped the hint at the two-day national workshop on the role of Maritime in the AfCFTA Agreement in Lagos.

Hassan, who was represented at the workshop by Adaora Nwain, Chief Operating Officer, Trade Services, said that enhanced economic growth in the maritime industry under AfCFTA would not come automatically but through concerted steps.

According to the ES, growth can only come through enhancing industrial productive capacity: trade facilitation agreement by introducing customs management reforms, implementing the trade facilitation agreement.

In providing support for stakeholders, Bello said the Council would provide cargo defence fund to shippers and trade groups to pursue their legitimate business.

He added that supervision of the establishment of transport services such as inland dry port, truck transit parks, border information centre, port services support portal.

“We will offer stakeholders advice on how to avoid pitfalls in their international trade.”

“Continuously advise the Federal Government on AfCFTA and other policy formulation and implementation in respect of shipping interests.”

“Regular consultation with cross border practitioners and regional bodies for trade facilitation; regular representation of stakeholders on regional and sub-regional fora.”

“Continuously organise seminars/workshop to educate stakeholders on international best practice.”

“Continuously conduct research for the benefit of stakeholders; post expansion project, cross border, Trade processes, roads, rail infrastructure development, sea link project, improved and sustained trade corridor management” he said.

Speaking further, Bello averred that the trade agreement constituted the most significant development in Africa’s integration efforts. He added that it is expected that the free trade area will promote the development of manufacturing and agro-processing and with them, accelerated inclusive economic diversification and competitiveness across Africa.

He therefore advised that private sector, civil society, development partners, media houses, financial institutions and the general public hands should be on deck for the success and for Nigeria to harness the presented opportunities.

Sponsored
Alinnor Arinze

Recent Posts

All Road Leads To Alimosho LG For Ohanaeze Ndigbo General Assembly Meeting

Alimosho Local Government will be the center of attention for Ndigbo in Lagos as the…

4 hours ago

AICL Expands Youth Enterprise Drive, Awards N9.75m To Innovative StartUps Across Three Sectors

The Abuja Investment Company Limited (AICL) has reinforced its commitment to youth entrepreneurship and innovation…

5 hours ago

Guinness Nigeria Announces Strong Q2 Results, Declares Additional ₦7 Interim Dividend Per Share

Guinness Nigeria Plc has announced its unaudited financial results for the quarter ended 30 June…

5 hours ago

Osun 2026: Accord Stakeholders Escalate Showdown With Gov. Adeleke Over Gbenga Hashim

The political crisis brewing within the Accord Party in Osun State deepened on Tuesday as…

6 hours ago

GTCO Announces 16th Annual Autism Conference And Free Consultation

Guaranty Trust Holding Company Plc, GTCO, has announced full plans for its 16th Annual Autism…

7 hours ago

From Hallelujah FC to Benfica: Seimeyeha Janet’s Inspiring Journey to European Football

For every young footballer who laces up a pair of boots in search of a…

8 hours ago
Sponsored