comparemela.com

Tonnage Taxes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Without National Shipping Line, Nigeria Loses $15 bn Annually

Chris Paul For not having a national shipping line of her own, Nigeria is losing over $15 billion annually, out of which $7billion accounts for freight services. This was revealed by former President of Ship Owners Association of Nigeria and Chairman of Starzs Shipping Company, Chief Greg Ogbeifun, in an interview with THISDAY. According to him, this sum also includes the taxes Nigeria is losing by not employing Nigerians. Ogbeifun recalled attempts by the current Minister of Transportation, Amaechi Rotimi to revive the process to bring back the national shipping Line. “One of the first things, the Minister transportation, Hon. Rotimi Amaechi, did when he became Minister was to form two Committees. One was to work on the establishment of a national fleet and the other to examine the structure of NIMASA,” he said.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.