Nigeria: Time to Earn Big From Maritime

Can new President clamp down on corruption, maritime crime?

Nigeria: Time to Earn Big From Maritime

By Andrew Airahuobhor

With prevailing level of corruption, Nigeria has been eating the crumbs from its lucrative maritime industry. But the inauguration of a new administration led by President Muhammadu Buhari, known for his aversion to corrupt tendencies, the country is set to enter the path of progress.

By entrenching transparency and accountability in the activities of the Ministry of Transport and government Agencies regulating operations in the maritime and oil and gas sectors of the economy, revenues lost to huge leakages will be saved for developmental programmes and projects that will benefit the mass of Nigerians.

Of particular importance is the close monitoring of the Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Ports Authority (NPA), Nigeria Customs Service (NCS), Nigeria National Petroleum Corporation (NNPC) and other regulators in the maritime and oil and gas industries.

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Source: allafrica.com