The Nigeria Maritime sector recorded tremendous improvement after introduction in 2006 of the Nigerian Port Reform Policy. Yet, with the potential to become one of the nation’s cash cows the sector is still largely underperforming.
The academia, practitioners and stakeholders in the Nigeria Maritime industry gathered on the JF Ade Ajayi Auditorium, University of Lagos, recently, for the 4th Annual Maritime Conference organised by the Maritime Forum of the University in honour of the Group Executive Vice Chairman, SIFAX Group, Dr. Taiwo Afolabi.
Lagos is notorious for its traffic gridlock. There are so many cars on the roads from private cars, commercial buses (Danfo), taxis, the Keke NAPEP (tricycles) and motorcycles (Okada).
The traffic would have been more bearable but for the addition of impatient drivers and riders, impatient pedestrians. A combination of all these factors really makes the heavy Lagos traffic unbearable.
Sadly, a brief journey which shouldn’t last for long might end up taking you longer time to travel to and fro a destination within the city.
Residents of Zamfara, Cross River and the Federal Capital Territory (FCT) paid the highest intra-city bus journey fares in Nigeria in April, the National Bureau of Statistics (NBS) has said.
The bureau, in its transport fare watch report for April, said residents of Zamfara paid an average of N305.00; those in Cross River paid N284.00 and those in the FCT paid N280.00 in the month under review.
The report added that states with the lowest bus journey fares within the city were Sokoto N132.00, Abia N130.70, and Bauchi N95.00.
Some of the most important global sea lanes pass the continent of Africa. Major routes navigate the Cape of Good Hope between the Atlantic and Indian Oceans, through the Red Sea and east-west through the Mediterranean Sea. Although Africa’s own maritime transport sector remains relatively undeveloped, more than 90 percent of all imports and exports in Africa are facilitated by sea through ports along the coast. Africa is also home to one of the world’s largest shipping registries. The Liberian Registry covers 11 percent of the world’s oceangoing fleet.
The African Development Bank (AfDB) and ECOWAS, have signed an agreement for a study into a 1,000 km highway that will link Cote d’Ivoire’s commercial capital Abidjan, to Lagos. Mr Chawki Chahed, Senior Communications Officer, Communication and External Relations Department of AfDB, made this known in a statement in Abuja on Tuesday.
Chahed disclosed that the development would mark a new step in building regional integration and trade in the sub-region.
The maritime industry in Nigeria is very green and vast. With its long coastline, unique location, large oil and gas deposit, large and growing population, among others, Nigeria is well-positioned to transform its ports into attractive destinations for both regional and globaltrade.
The maritime sector provides vast window of business opportunities in several related activities that offer commensurate returns on investments to the potential investors.
Over 100 maritime leaders are uniting in Accra to showcase upcoming mega-projects and call for partners in development at African Ports Evolution - West Africa.CAPE TOWN, WESTERN PROVINCE, SOUTH AFRICA, July 6, 2017 /EINPresswire.com/ -- With West Africa now receiving significant attention from global investors, over 100 of the region's maritime leaders are uniting in September to showcase upcoming mega-projects and call for partners in development.
Dramatic expansion plans at the region’s ports not only promise to improve port capacity but also hinterland connectivity to exponentially grow West Africa’s blue economy. Against this backdrop, the African Ports Evolution - West Africa Forum takes place in Accra, Ghana from 5-7 September 2017. The forum will unite leading port users and customers from bulk exporters to international investors and tourism boards to discuss multi-modal requirements and infrastructure solutions to propel the blue economy into a leading contributor to GDP.
Paul Asare Ansah, Director General of the Ghana Ports and Harbours Authority will discuss the $1.5 billion project for the expansion of the Port of Tema and Hadiza Bala Usman, Managing Director of the Nigerian Ports Authority, will discuss procurement for various projects under NPA's proposed 2017 Capital and Recurrent Budget that includes maintenance, rehabilitation and construction projects.