Business
Stakeholder Laments Infrastructural Deficit In Maritime
A stakeholder in the maritime industry and the executive vice chairman of SIFAX Group, Dr. Taiwo Afolabi, has decried the huge infrastructural deficit in the maritime sector, urging the Federal Government to provide solutions to the deficits.
He said that effective resolution of the deficits would facilitate the implementation of the Executive Order on the Ease of Doing Business in the maritime industry.
Afolabi, a terminal operator in the maritime industry who disclosed this in a chat with aviation correspondents on Monday, noted that the Federal Government’s Executive Order was targeted at facilitating trade, but that infrastructure deficits have become obstacles to the policy.
“Huge infrastructure deficit has led to deplorable access roads, faulty cargo scanner, nonexistent rail system, non-functional truck bay among others which conspired to negatively impact on the service delivery efficiency.
“These challenges are the major issues in the maritime industry, and can not continue to reel under infrastructural decay if the sector must contribute meaningfully to the economy and fulfill the industry’s potential.
“I, indeed, commend the Federal Government’s efforts in reforming the maritime industry, especially with the Executive Order which was signed by the then Acting President. It is an acknowledgement of the fact that things must be done differently.
“However, infrastructure deficit would negate the good intentions of the government if the problems listed above are not strategically and urgently addressed”, he said.
Afolabi posited that over 90 percent of world’s trade was transported by sea, stressing that maritime industry was strategic to the country in terms of its contributions to the economic growth and development of nations.
According to him, the contributions of the sector to Nigeria’s Gross Domestic Product (GDP) were still low when compared with its huge potential and opportunities.
Corlins Walter
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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