Indigenous ship owners in Nigeria have said that Nigeria is losing $9.2bn annually to the domination of her freight trade by foreign vessel owners. Speaking yesterday in Lagos during the 16th Marine and Technical Summit of the Association of Marine Engineers and Surveyors (AMES), Chairman, Starzs Investments Company Ltd., Engr. Greg Ogbeifun, lamented that despite being positioned to be the maritime hub of the Gulf of Guinea, Nigeria’s freight trade is dominated by foreign vessels because of a lack of indigenous capacity. According to Engineer Ogbeifun, who also doubles as…
Read MoreFreight: ‘Nigeria losing $9.2bn p.a to foreign vessels domination’ – Operators
