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Nairaland Forum / Nairaland / General / Politics / FG Plans To Revive National Shipping Line (10144 Views)
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FG Plans To Revive National Shipping Line by FreeStuffsNG: 5:38pm On Nov 21, 2023 |
The Federal Government is working towards the re-establishment of a National Shipping Line through a strategic Public Private Partnership arrangement, the Minister of Marine and Blue Economy, Gboyega Oyetola has said. https://punchng.com/fg-plans-to-revive-national-shipping-line/ 5 Likes 3 Shares
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Re: FG Plans To Revive National Shipping Line by FreeStuffsNG: 5:38pm On Nov 21, 2023 |
“Before I conclude, let me add that the ministry’s decision to consider the re-establishment of a National Shipping Line, through a strategic PPP arrangement, is borne out of our desire to capture a substantial share of the estimated $10 billion annual ship charter market within the country. My thoughts exactly. We should not let civil servants and corrupt public officials fully run it till they run it aground again. Once it is done by PPP, the business entity managing the shipping line should be listed on the Nigerian stock exchange and managed efficiently like NAHCO,SAHCO etc. to create more wealth for Nigerians. Great job by HE Oyetola. May God grant you more successes. Only the naysayers, criminal defamers, cowardly insecured narcissists, cyberbullies and unpatriotic elements will neither see nor benefit from these major positive results of your policies in our nation. God bless Nigeria for ever! Check my signature for free stuffs! 18 Likes 3 Shares
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Re: FG Plans To Revive National Shipping Line by TemplarLandry: 5:39pm On Nov 21, 2023 |
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Re: FG Plans To Revive National Shipping Line by Bobloco: 5:48pm On Nov 21, 2023 |
Another avenue to embezzle our common wealth. Just like what happened to our national carrier 'Nigerian Air' 26 Likes 3 Shares |
Re: FG Plans To Revive National Shipping Line by osuulola(m): 5:49pm On Nov 21, 2023 |
narcotics? 1 Like 1 Share |
Re: FG Plans To Revive National Shipping Line by Otunbakayce: 5:49pm On Nov 21, 2023 |
Druggie and forger President wants to ship more drugs easily, so he created a new ministry headed by his cousin to make that happen easily. 15 Likes 1 Share |
Re: FG Plans To Revive National Shipping Line by JustAwesome: 5:49pm On Nov 21, 2023 |
;Dd |
Re: FG Plans To Revive National Shipping Line by Nobody: 5:50pm On Nov 21, 2023 |
Ndi Ara. Una never maintain the ones on ventilators una wan revive RIPs. 3 Likes 1 Share |
Re: FG Plans To Revive National Shipping Line by LeeSantos(m): 5:50pm On Nov 21, 2023 |
They didn’t finish reviving Nigeria Air They jumped to reviving refinery, No result Now they want to revive Nigeria Line. I don’t think I still friends and family who still got hope for this country 14 Likes 2 Shares |
Re: FG Plans To Revive National Shipping Line by Kingozymandias(m): 5:50pm On Nov 21, 2023 |
If this so true it's a good one , given the history and antecedents of the OP, I am inclined to doubt this 2 Likes 1 Share |
Re: FG Plans To Revive National Shipping Line by Swiftgrp: 5:50pm On Nov 21, 2023 |
FreeStuffsNG:@The bolded. That's a very wise thing to do. There's a need to grab a part of the 10 billion USD annual ship charter market in Nigeria. I remember the NNSL in the early 1980s had a lot of ocean-going charter ships but the Military governments from the IBB era of the late 1980s gradually destroyed the fortunes of the former NNSL and Nigeria Airways with their bad policies. 8 Likes 2 Shares |
Re: FG Plans To Revive National Shipping Line by CoronaVirusPro: 5:50pm On Nov 21, 2023 |
Another white elephant project! Money about to be made! |
Re: FG Plans To Revive National Shipping Line by malcom1X: 5:50pm On Nov 21, 2023 |
New yacht just landed. We need to test run it. |
Re: FG Plans To Revive National Shipping Line by Botragelad: 5:51pm On Nov 21, 2023 |
This is more like a pipe dream that will end in tears. The national shipping line was a failure from the start. It was established in 1959 by the Nigerian government with the help of two British companies I think, but soon became a wholly owned state enterprise. It never made any profit, despite heavy investment and subsidies. All thanks to corruption, mismanagement, inefficiency, and competition from foreign lines. Not until it was liquidated in 1995 and all its 21 vessels were sold. Plus, the shipping industry has changed a lot since then. It's now dominated by global players with huge economies of scale, advanced technology, and lower costs. Nigeria can't compete with them, especially with its poor infrastructure, security, and governance. Nigeria has lost its market share and relevance in the international shipping scene. Personally, I think the PPP arrangement is a sham. The Nigeria FG is trying to lure private investors with false promises of a lucrative market and a supportive environment. But the reality is that they have no clear vision, strategy, or policy for the shipping sector. It has failed to implement the Cabotage Act, which was supposed to protect and promote local shipping operators. It has also failed to provide adequate port facilities, security, and regulation. The private sector will end up bearing all the risks and costs, while the Nigeria FG will reap all the benefits and interfere with the operations. Talking about the blue economy. This is a buzzword. They are using it to justify their plan to revive the national shipping line, but they have no clue what it means or how to achieve it. The blue economy is supposed to be about harnessing the potential of the marine resources for sustainable development and environmental stewardship. But the Nigeria FG has done nothing to protect or manage the marine environment, which is facing serious threats. They have done nothing to diversify or develop the marine sector, which is still dependent on oil and gas exports. How's this going to work then? 3 Likes 1 Share |
Re: FG Plans To Revive National Shipping Line by ClearFlair: 5:51pm On Nov 21, 2023 |
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Re: FG Plans To Revive National Shipping Line by handsomeyinka(m): 5:51pm On Nov 21, 2023 |
Let's see how it unfolds 1 Like |
Re: FG Plans To Revive National Shipping Line by MEEVEET: 5:51pm On Nov 21, 2023 |
This bloody socialist government has no business in runing a business Have you met with importers and exporters? Did they tell you lack of a shipping line is their priority? Or you just assumed Things local businesses complained about you haven't looked at them 1) make all ports equal where you can import and export anything from any port.... There is no reason pharmaceutical and chemicals must come through apapa So if I build my pharmaceutical company in port Harcourt I must use apapa to import raw materials I can't use onne in the same city 2) cost of export... According to AFDB PRESIDENT it cost $35k to export 100 tons from Nigeria and $4000 to export same from Ghana Look into this Is lack. Of ships a problem? . 3 Likes 1 Share |
Re: FG Plans To Revive National Shipping Line by Gajagojo: 5:51pm On Nov 21, 2023 |
Otunbakayce: Tinubu's erection victory is very painful for many Ibos. Many find it hard to swallow I wish them soonest recover from Painful erection 7 Likes 1 Share |
Re: FG Plans To Revive National Shipping Line by Bigchristo: 5:52pm On Nov 21, 2023 |
FreeStuffsNG:Those PPP is still an extension of the government in power so don’t be hopeful Nigeria is running a circle of corruption trust them at your own peril 2 Likes |
Re: FG Plans To Revive National Shipping Line by Oritna94(m): 5:53pm On Nov 21, 2023 |
They have started again. That was how that minister of aviation was shouting national carrier up and down and scammed us with Air Nigeria. Till today no show. I hope this one will not follow water go.. 1 Like |
Re: FG Plans To Revive National Shipping Line by OloYeOfEgbE: 5:53pm On Nov 21, 2023 |
Well they said igboland is landlocked... So we don't expect anything here...We are happy for FG children. Problem will only start when we see una for here.. Connect the North and West with shipping lanes..they deserve it Good news 1 Like |
Re: FG Plans To Revive National Shipping Line by Faiththatworks(m): 5:54pm On Nov 21, 2023 |
Hi |
Re: FG Plans To Revive National Shipping Line by Blaze14k: 5:54pm On Nov 21, 2023 |
The always use the word plan, shall, will, may. What exactly are these people doing, do they think we are fools 1 Like 1 Share |
Re: FG Plans To Revive National Shipping Line by Obakoolex(m): 5:54pm On Nov 21, 2023 |
Sincerely future tense no dey tire FG ![]() |
Re: FG Plans To Revive National Shipping Line by money121(m): 5:54pm On Nov 21, 2023 |
Ok |
Re: FG Plans To Revive National Shipping Line by BarrElChapo(m): 5:56pm On Nov 21, 2023 |
Government competing with the private sector for jobs creation is the most laughable thing we see in 2023. |
Re: FG Plans To Revive National Shipping Line by Faiththatworks(m): 5:58pm On Nov 21, 2023 |
Mr Oyetola aka Minister of Blue Economy I greet you sir you have been very quiet but we hear you.Please I beg you in the name of everything you believe stop this project Let that Shipping Line be only on paper and let it never be take off.Instead of finding a way to remove government in business,you want to drag us into another Blue Elephant Project I plead with Asiwaju to sell off at least two of those scrap metals called Refineries and use the money for something else President Obasanjo did Nigeria the biggest favor by selling a lot of Government Moribund organisations Imagine if Nigeria Airways and NEPA was still active,they would have employees that will be collecting salaries for doing nothing Abeg,let that Shipping Line be a mirage just like Nigerian Air Kindly click for your good properties at Ibeju Lekki Industrial Hub: https://www.nairaland.com/7905580/introducing-silvergate-estate-ibeju-lekki |
Re: FG Plans To Revive National Shipping Line by Dennisochampa: 5:59pm On Nov 21, 2023 |
Stupid hoebi fans won't see all the good things that this administration is doing right... Na only the wrong ones them deh see.... Stupid fvkers.... As if say if hoebi become president, e go transform 9ja in 24hrs... E no fit transform anambra.. Na 9ja e Wan transform.... Dumb fvckerz 2 Likes |
Re: FG Plans To Revive National Shipping Line by Fatbam005: 6:01pm On Nov 21, 2023 |
A country where loudspeakers of allaa wakuba u will distort your sleep as early as 4 am, traffic headache the same morning, mosquitoes and hunger tormets are still there, frustrated people on the way still the useless govt still tell lies |
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