Maritime Transport Policy Will Lead to Increase in Foreign Direct Investment, Says Minister
Minister of State for Transportation, Senator Gbemisola Saraki, has said that the nation’s maritime transport policy which is being developed would increase Foreign Direct Investment (FDI) into the country.
Saraki who spoke during the opening of stakeholders validation forum on the draft policy said it would also enhance the competitiveness of Nigerians internationally.
She added that the policy would make the country proud with the take-off of the African Continental Free Trade Area (AfCFTA) agreement.
Saraki whose address was read by the Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani, described the policy as a “framework that will guide and sharpen the activities, actors and modus operandi in the maritime sector”.
She added, “It is an all-encompassing document that will skyrocket the sector to compete favourably in the global market. That is why this document is extremely important and crucial to the development of the sector.
It will change the narrative in the maritime sector of our dear country and result in a paradigm shift that is generational.
“It is encouraging to know that the maritime policy is coming up at a time when Nigeria has ratified the AfCTA Agreement and deposited it with the AU Secretariat.
“This is an agreement that will place Nigeria in place of leadership if we adequately prepare for the protocols.
“Therefore, it is expedient for us to make the maritime sector ready for the AfCFTA Transit Protocols and other international protocols for us to compete favourably in the regional and global market.”
Saraki who spoke during the opening of stakeholders validation forum on the draft policy said it would also enhance the competitiveness of Nigerians internationally.
She added that the policy would make the country proud with the take-off of the African Continental Free Trade Area (AfCFTA) agreement.
Saraki whose address was read by the Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani, described the policy as a “framework that will guide and sharpen the activities, actors and modus operandi in the maritime sector”.
She added, “It is an all-encompassing document that will skyrocket the sector to compete favourably in the global market. That is why this document is extremely important and crucial to the development of the sector.
It will change the narrative in the maritime sector of our dear country and result in a paradigm shift that is generational.
“It is encouraging to know that the maritime policy is coming up at a time when Nigeria has ratified the AfCTA Agreement and deposited it with the AU Secretariat.
“This is an agreement that will place Nigeria in place of leadership if we adequately prepare for the protocols.
“Therefore, it is expedient for us to make the maritime sector ready for the AfCFTA Transit Protocols and other international protocols for us to compete favourably in the regional and global market.”
FOLLOW US
About Post Author
