Close Menu
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Trending
  • Chioma Chukwuka’s AMVCA Award: Another Tale Of Anambra Excellence
  • APGA National Chairman, Ezeokenwa Joins Soludo For Tour, Blessing Of New Government House, Solution Fun City 
  • Seme Customs Command Facilitates Export of 2,029 Trucks Of Made-In-Nigeria Goods
  • NAGAFF Writes Tinubu, Says Eto Call Up System Relapsing, Wants Mode of Operation Reviewed
  • CGC Adeniyi Advocates ‘Nigeria First’ Initiative To Bolster Trade, National Security
  • B’Odogwu Goes Live in Tincan, As Customs Captures First Declaration On New Platform
  • CVFF Disbursement: NIMASA Confirms Single Digit Interest Rate
  • NCS Concludes Hybrid PR Workshop On New Media, Strategic Communication
Prime Time Reporters
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Prime Time Reporters
Home » AfCFTA: Ogbeifun calls for measurable strategies to evaluate progress
Business

AfCFTA: Ogbeifun calls for measurable strategies to evaluate progress

Saint AugustineBy Saint AugustineJune 18, 2021No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

…Says global trading ship imperative

The immediate past President of Ship Owners Association of Nigeria (SOAN), Engr. Greg Ogbeifun has advocated for measurable strategies to be put in place to monitor the level of progress made by Nigeria in its quest to fully participate in the continent-wide trade – the African Continental Free Trade Area (AfCFTA).

Speaking at the 3rd Annual Lecture and Awards held in Lagos two days ago by Primetime Reporters with the theme, “Assessing Nigeria’s Preparedness to Maximize the Gains of AfCFTA”, Ogbeifun recalled that the dearth of the Cabotage Act in Nigeria was as a result of the inability of the federal government to adhere to the provisions of the Act which provided for five year performance evaluation of the Cabotage which was never done.

He therefore warned that AfCFTA should not be allowed to go the way of the Cabotage regime in Nigeria by ensuring a yearly performance evaluation to measure the level of progress being made by the country to achieve her dream of becoming a big time player in the AfCFTA regime.

His words, “We have a strategy, do we have a roadmap? We are here now, that is where we want to go but let us take it in milestones and genuinely put strategies in place – measurable strategies where we can check if we are going according to the plans we set out for ourselves.

“Generally, we have very beautiful ideas but we don’t take practical steps to actualize. Cabotage, four pillars of Cabotage are still using waivers fifteen years down the line. Now, the people that put the Cabotage Act together wisely indicated that the provisions of the Act should be evaluated every five years to see how we are performing and that is where the whole thing fell apart because that five year review of performance wasn’t there. I think that is what we need to do with the free trade initiative.

“This is 2021, we are one percent, let us give ourselves a task that in 2022, twelve months later, we should at least be at two percent. If we don’t do that, come 2022, 2023 to 2024, we are still at one percent and that is the challenge we have.”

Recalling his days as the President, Ship Owners Association of Nigeria (SOAN), Ogbeifu who is also the Chairman of Starzs Investment Company Limited said that he fought, spoke, gave talks and everything about re-establishing a global trading national fleet adding that the Hassan Bello led committee made presentations to all levels of government up to the National Economic team headed by the Vice president, Prof. Yemi Osinbajo twice.

“Beautiful response, he (Osinbajo) handed it over to Enelamah who was then Minister, fantastic, he gave marching orders then. Enelamah handed us over to Yewande of NIPC, fantastic engagement. Yewande now passed it on to the National Planning Committee, we were with Udo Udoma, fantastic engagement from there, we went to CBN. We are going round in the circle.

“The reason we don’t have the national fleet in the country today is because of the government. That is where the problem is. Now, if the government appreciates the fact that without having such a platform we are not going to participate effectively in this initiative, then, they should come out and say what is the bottleneck, let us unlock it, it is very simple. What are the other countries doing to make a national fleet a reality? We copy it and we put all that on the table, all the issues.

“For me, there isn’t the political will, I don’t know why because the country is losing heavily by not having national fleet. Every time you go along Marina and you look at Apapa Wharf, all the ships you have there are foreign ships bringing in our own imports and taking away our exports. We need to have a global trading ship”, he stated.

Photo: Chairman, Starzs Investment Company Limited, Engr. Greg Ogbeifun

Send your news, press releases/articles to augustinenwadinamuo@yahoo.com. Also, follow us on Twitter @ptreporters and on Facebook on facebook.com/primetimereporters or call the editor on 07030661526, 08053908817.

AfCFTA Cabotage Law Engr. Greg Ogbeifun Prof. Yemi Osinbajo SOAN Starzs Investment Company Limited
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleJIFORM moves to catch them young, inaugurates students arm
Next Article Jamoh launches campaign to end war risk insurance on Nigerian bound cargoes
Saint Augustine
  • Website
  • Facebook
  • X (Twitter)

Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

Related Posts

Seme Customs Command Facilitates Export of 2,029 Trucks Of Made-In-Nigeria Goods

May 15, 2025

CVFF Disbursement: NIMASA Confirms Single Digit Interest Rate

May 13, 2025

Oyetola Vows To End Cabotage Waivers, Backs Indigenous Shipping To Boost Maritime Sector

May 12, 2025
Leave A Reply Cancel Reply

Recent Posts

Chioma Chukwuka’s AMVCA Award: Another Tale Of Anambra Excellence

May 15, 2025

APGA National Chairman, Ezeokenwa Joins Soludo For Tour, Blessing Of New Government House, Solution Fun City 

May 15, 2025

Seme Customs Command Facilitates Export of 2,029 Trucks Of Made-In-Nigeria Goods

May 15, 2025

NAGAFF Writes Tinubu, Says Eto Call Up System Relapsing, Wants Mode of Operation Reviewed

May 13, 2025

CGC Adeniyi Advocates ‘Nigeria First’ Initiative To Bolster Trade, National Security

May 13, 2025
© 2025 Copyright Primetime Reporters.
  • Home
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.