Minister of Marine and Blue Economy, Adegboyega Oyetola has said, the country needs a national carrier, especially through a public-private partnership (PPP) arrangement to carry its crude oil to international market.
Speaking during his working visit to the Nigerian Maritime Administration and Safety Agency (NIMASA) office in Lagos, yesterday,, Oyetola decried the rates for charter vessels that carry the nation’s crude, and urged the stakeholders to come together under a PPP arrangement to overcome the challenge.
The visit to NIMASA was part of his tour of the agencies under the ministry of Marine and Blue Economy.
“We are about the only country that is an OPEC member that still charters vessels to carry our crude where 30 per cent of the charge goes to freight. We must find a way around it,” Oyetola said.
He said the government is ready to develop infrastructure in lake and coastal cities across the country to further attract tourists to waters for maximum revenue generation.
He reiterated the commitment of his ministry to strengthen PPP arrangement, in order to abolish undue charge on crude oil exportation, and put an end to the menace of charter vessel.
He urged Nigerians to invest in the fishing industry since most of the shrimps that are imported into the country are gotten from the nation’s territorial waters.
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Oyetola assured Nigerians that no effort would be spared to properly harness the nation’s maritime potential, increase revenue generation and stem the tide of capital flight in the sector.
The minister expressed satisfaction with NIMASA’s Modular Floating Dock, which, according to him, will further help generate employment for Nigerians.
He said: “I am particularly interested in the NIMASA Modular Floating Dock because of its potential to generate employment and stem capital flight.
“But we must find a way of ensuring stakeholders’ buy-in, in whatever we do so that we are seen to be working together for the growth and development of Nigeria.
“Similarly, I am convinced we need a national carrier, especially through a PPP arrangement. We are about the only country that is an OPEC member that still charters vessels to carry our crude where 30 per cent of the charge goes to freight. We must find a way around it.
“Again, what most Nigerians do not know is that most of the shrimps that are imported into our country are gotten from our waters. Therefore, it is now time to put an end to it by getting involved.
“I have been to Barbados before; I knew how much we paid just for coastal tourism. Here in Nigeria, we also have what it takes to attract tourists to waters. Therefore, we shall be developing the infrastructure in cities and towns that are lake or coastal facing for this purpose.
“According to the National Bureau of Statistics (NBS), the fisheries sector contributed 1.09% of the country’s total GDP in the year 2020 and 0.9% in the Q3 of 2021. We are regarded as a net importer of fishery products.
“But we are determined to change the narrative by putting in place measures to make Nigeria a major player in that regard.
“Nigeria makes up about 853 kilometres of the estimated 47,000 kilometres of coastline in Africa. Nigeria has one of the largest wetlands in the world, with its coastal and marine ecosystems covering a total of 70,000 square kilometres.There are countries around the world that rely solely on earnings from the tourism sector.”
While charging members of staff of NIMASA to rededicate themselves to quality service delivery and key into the Renewed Hope Agenda of the current administration, Oyetola said repositioning the sector was non-negotiable
“Like I told your counterparts at the Nigerian Ports Authority, NPA, we all have a duty to reposition this sector for the welfare and wellbeing of Nigerians. We have the potential to grow our economy and create more jobs through this novel ministry. We must put everything to work to deliver on the Renewed Hope Agenda.
He said further that, “on our part as a ministry, those challenges that are internal and are affecting your smooth operation shall be looked into with a view to addressing them one after the other. The ones that are external, we shall take them up immediately.
“I have full confidence in your capabilities and dedication, and I look forward to witnessing the continued success of NIMASA in shaping the future of our maritime sector. Together, we can build a thriving blue economy that benefits us all,” Oyetola said.