HomeBUSINESSShippers’ Council assures protection against foreigners’ domination

Shippers’ Council assures protection against foreigners’ domination

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By Uzor Odigbo

The Nigerian Shippers’ Council (NSC) has assured on protection of barge operations in Nigeria from foreigners’ domination.

The Executive Secretary and Chief Executive Officer of the Council, Hassan Bello, stated this on Friday when he received the executive of the Barge Operators Association of Nigeria (BOAN) at the Council’s head office in Lagos.

BOAN through its President, Mr. Edema Keliekume, had explained the challenges of the indigenous operators to Bello, saying the foreigners have more expertise, more money and better skills of the business than their Nigerian counterparts who are just coming into the business.

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He lamented how members had no access to loans whereas the foreigners have access to zero interest loans and are able to afford more sophisticated facilities.

According to him, multiple taxation from different agencies claiming regulatory functions over the business is another factor working against the success of the business.

“We want singular regulatory agency and singular annual charge for smooth operations,” he pleaded.

Responding, the NSC boss assured the group of protection from foreign domination, using the Cabotage Act if applicable.

He added that the business must not be made an all comers affair, adding that there should be regulation of entry and exit into the business. Bello said, “It all based on bringing down the cost of doing business and the ease of business, protecting indigenous capacity. As far as barge operation is concerned, it is important we look at the Cabotage Act and see how the barge operations will fit in into those areas which is important for Nigerians.

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