Lagos — Chairman of LADOL, Mr. Ladi Jadesimi, has described the global maritime industry as holding vast untapped potential for growth and wealth creation.
According to him, the sector also holds the key to the sustainable economic development of Nigeria when its potential is adequately harnessed and nurtured.
Mr. Jadesimi made these statements while chairing the 2019 Nigerian Shippers’ Council, NSC, annual stakeholders appreciation night held recently in Lagos.
The chairman stated that having the longest coastline in West Africa gave the Nigerian maritime sector vast untapped opportunities and that the maritime sector could develop sustainable businesses that would dwarf the revenues from exporting commodities.
He pointed out that across the world, crude oil was increasingly being marginalised and huge pressures continued to mount to move to energy cleaner alternatives, including the renewables.
At the same time, he said, the maritime sector is offering a wide range of new business opportunities from clean energy to new modes of transportation, logistics and agriculture, adding that the maritime sector cuts across almost all other sectors.
“The maritime industry holds the key to the sustainable economic development of Nigeria by developing the full potential within the sector across a range of industries.
“Whatever we do must be underpinned with strong local content – in today’s world that starts with Nigerians owning, engineering and building the ships we use,” he said.