Business
Shipping Institute To Go Charter
Dr. Alex Okwuashi, the Registrar of the Certified Institute of Shipping (CIS) has said that the Chartered Institute of Shipping of Nigeria (CISN) bill before the National Assembly is aimed at regulating professionals in the maritime industry.
Having sailed through the second reading at the National Assembly, the bill is gathering momentum, as various other inputs are made to it through public hearing on it, CIS registrar noted.
He said that because the nature of the bill, the first and the second reading were unanimously supported by members of the National Assembly due to what he described as the “expedient and important” nature of the bill.
According to Okwuashi, the CISN bill is set to regulate the entry of persons into the shipping profession and allied matters. It has been discovered that professionals in the shipping sector are unregulated, open to all corners and that is why business in the sector has been without proper regulation.
He said that the CIS was established 10 years ago, but the first bill which was submitted to the National Assembly in 2002 to get it chartered, suffered a set back, and disclosed that several dignitaries and other stakeholders in the maritime industry are expected to make input on the current CIS bill.
On performance of the institute since its inception, the registrar recalled that 3,000 persons had bee trained and awarded certificates, adding that there had been a short fall in maritime manpower.
He pointed out that Nigeria has not provided 10 per cent of its total Maritime Industry manpower requirements, and that what the nation had been able to produce in terms of maritime manpower needs was in the neigbourhood of five to seven percent.
Okwuashi also explained that foreigner are still dominating both the nation’s and local international shipping over the years pointing out that a country like Singapore because of its enormous involvement in human capital development, could earn enormous foreign exchange.
The CIS registrar contended that the only way Nigeria could meet its maritime manpower potentials is to have a chartered institute to train professionals.
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