Maritime Operators Express Concern Over 60% Decline in Trade Volume

The Chairman, Association of Maritime Truck Owners (AMATO), Remi Ogungbemi, yesterday said trade volume at the nation’s ports had declined by 60 per cent.

Ogungbemi, who made the remark in an interview with the News Agency of Nigeria in Lagos, expressed concern about low business at the ports

He said that the increase in the exchange rate had reduced importation of goods, adding that this had consequently affected the haulage business.

Ogungbemi said that the situation had rendered truck owners redundant.

Minister Makes case for Indigenous Engineers in ADB’s Projects Implementation

James Ocholi, Minister of State for Labour and Employment, has called on the African Development Bank (AfDB) to adopt local content policy in its project implementation activities in Nigeria by engaging indigenous engineers.

This is contained in a statement issued by Mr Samuel Olowookere, the Deputy Director (Press) in the ministry.

According to the statement, the minister made the call when a delegation of the bank led by its Country Director, Pitamber Sunita, visited him in Abuja.

Entrepreneur Predicts Bright Future for e-commerce in Nigeria

An e-commerce operator, Sefik Bagdadioglu, has predicted a bright future for the business model in Nigeria owing to the huge investment being made by various organisations.

Bagdadioglu, who is the Managing Director of Kaymu, an-online marketing platform, told the News Agency of Nigeria recently that the sector recorded a milestone in the outgoing year.

``I think the customers are demanding more and more, which is very important.

Clearing Agents’ Association Seeks Review of Import Policies

The Association of Nigerian Licensed Customs Agents (ANLCA) on Friday called on the Federal Government to review import policies.

According to the president of the association, Olayiwola Shittu, in a chart with the News Agency of Nigeria in Lagos, a major expectation of the association in 2016 is that import policies should be reviewed to facilitate a faster cargo- clearance at the nation’s ports.

He said it was the desire of the association to have a corruption-free port operation.

Expert Urges Mining Firms to Engage Professionals on Mineral Extraction

A Mining Consultant, Mr Oluchi Nwoko, has called on mining companies to engage experts to facilitate the diversification plan of the current administration from oil to solid minerals.

Nwoko, the Managing Director, Seventy One Nigeria Limited, said that the use of experts, consultants, contractors and service providers would aid easy extraction of minerals.

He said that mining companies that used the experts would record huge development, adding that successful mining countries always engaged such experts.

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