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Edo Governor Laments Demise Of NNSL



The liquidation of the Nigerian National Shipping Line (NNSL), has led to the continued loss and forfeiture of several economic and human development opportunities in the country.

This was disclosed by the governor of Edo State, Godwin Obaseki, over the weekend in River State at the official christening of MV OSANYAMO, a newly- built vessel belonging to the STARZS Group.

Obaseki also charged the financial sector, the Local Content Board and other institutional bodies to synergise, create more opportunities and ensure a more assured future for Nigerians, particularly in the maritime sector.

The governor expressed a sincere desire to see the nation’s capacity building institutions synergise, in a bid to boost employment opportunities and consequently improve the citizens’ present economic conditions.

“I feel really privileged that I am performing for the first time in my life, the christening, dedication and commissioning of a vessel. I have never done it before,” the governor stated, describing the shipping terrain in Nigeria, not only as scary but also, seriously dominated by foreign operators

He commended the STARZS Group chairman, Nigeria’s foremost shipping mogul and Arrowhead of the Ship Owners Association of Nigeria (SOAN), Engr. Greg Ogbeifun, for his dedication, commitment and resourcefulness, particularly in mobilising local funds, institutional supports and utilising same, in a very challenging environment, all in a bid to lift Nigeria’s flag as well as boost the employment opportunities for other Nigerians.

“Over time, the maritime industry, in spite of the support it had received, such as the Cabotage Law, and the Local Content Law, has continued to be dominated like I said, by foreign companies. Apart from the brief spell when we had the NNSL which offered Nigerians sea opportunities in the maritime industry as we know, that endeavour failed, and as a country, we lost that opportunity to build the human capacity and resources to go ahead to dominate,” the governor added.

Obaseki grieved that the country’s weak economic position had seriously affected not only the nation’s balance of trade but devastatingly also, the well-being and the future of the youths.