Business
CONMMEP Cautions Minister Oyetola on NNSL Rebuilding Initiative*
*CONMMEP Cautions Minister Oyetola on NNSL Rebuilding Initiative*
The Congress Of Nigerian Maritime Media Practitioners (CONMMEP), has issued a cautionary statement to the Honourable Minister of Marine and Blue Economy, Gboyega Oyetola, urging him to avoid the pitfalls observed in Hadi A. Sirika’s failed bid to resucitate the defunct Nigeria Airways in the implementation of the Blue Economy initiative.
In a comprehensive analysis following the Minister’s recent public speech at the just concluded Stakeholders’ Roundtable on Advancing Sustainable Development in Nigeria’s Marine and Blue Economy in Lagos and specifically on the rebuilding of the Nigeria National Shipping Line (NNSL), CONMMEP expresses apprehensions over lack of specificity in the government’s plan, particularly in capturing the $10 billion ship charter market.
The Association highlightes concerns arising from the Minister’s emphasis on the re-establishment of the Nigerian National Shipping Lines (NNSL) without providing concrete details on its implementation strategies, leaving stakeholders in the dark about the actual mechanisms for achieving the initiative’s objectives. Vague terms like “substantial share” and “strategic PPP arrangement” were identified as lacking transparency and requiring further clarification and only makes it all look high falutin in all considerations.
CONMMEP in a statement signed by its President, Alhaji Tunde Umar-Daniah, questions the Minister’s claim that the initiative would not impede local players’ growth, raising concerns about potential negative impacts on existing businesses. The fact of omitting the conflicts or challenges associated with giving Nigerians exclusive control over locally generated seaborne trade especially in light of the recently signed African Continental Free Trade Area- AfCFTA presents some measure of uncertainty.
The neglect of older and retired seafarers who served the NNSL for over 28 years was highlighted, emphasising a lack of inclusion in the Minister’s plan. Also, the absence of a comprehensive cost-benefit analysis have left many stakeholders confused and rather in head-scratching mode about the potential financial implications and risks associated with such a venture.
CONMMEP criticises the haphazard selective invitation of Maritime stakeholders, non official inclusion of all the litoral States and other relevant organisations like the Nigerian Navy to be a wrong start coupled with the shoddy organisation and juxtaposition of dignitaries from one seat to the other at the event.
Despite linking it to the President’s priorities, the speech neither provided a clear timeline for implementation nor did it establish a direct connection between the national shipping line and these priorities, thus creating a disjointed narrative.
The press statement notes that the speech leaned heavily on the benefits of Public-Private Partnership (PPP) models without addressing potential pitfalls or challenges associated with this approach.
CONMMEP also emphasises that the speech which hints at innovation through PPP models failed to outline specific measures for its implementation.
Anticipations of substantial job opportunities, the statement added, lacked a detailed plan on job creation or sustainability and is without clear metrics to measure the initiative’s success.
Indeed, the focus on utilising Inland Rivers, Lakes, and Waterways for cargo shipment and passenger transportation was noted, but details on safety measures and strategies to mitigate these risks were also lacking, potentially risking accidents or mishaps leaving stakeholders uncertain about the ability to address unforseen challenges.
Finally, since government is a continuum, it will be advisable for the Honourable Minister to revisit what his predecessor did in this regard. The former Minister of Transportation, Mu’azu Jaji Sambo, did set up a committee involving two ministries-Ministry of Transportation and the Labour Ministry respectively. The said committee was charged with the responsibility of carrying out physical verification exercise of the aged Seafarers, which if well managed would bring some sort of succour; but with this recent speech, the story is still the same. It is indeed unfortunate to note here that the said committee never met since it was set up by the last administration.
CONMMEP therefore urges the honourable Minister, Oyetola to address these concerns promptly and transparently to ensure the success and sustainability of the NNSL rebuilding initiative and the holistic growth of the Marine and Blue economy.
McAnthony Onuoha
CONMMEP P.R.O
Ooni of Ife endorsed the 7th edition of the Adron Games
On Sunday, October 20, 2024, top real estate firm, Adron Homes and Properties, led by its Chairman and CEO, Aare Adetola Emmanuelking, paid a courtesy visit to the Palace of His Imperial Majesty, Ooni Adeyeye Enitan Ogunwusi Ojaja II, CFR, in Ile-Ife. This visit was to seek the revered monarch’s endorsement for the upcoming ADRON GAMES 2024, scheduled to take place in November 2024 in Ibadan, Oyo State.
Following a week of celebratory activities for the Ooni’s milestone birthday, Aare Adetola, also known as Aare Akile Adimula Oodua, commended the Ooni for his unwavering support for real estate professionals in Nigeria. He emphasized Ooni’s significant contributions to sports development, highlighting its essential role in fostering community growth. During the visit, Aare Adetola presented a soccer ball to the Ooni, who showcased his skills with it. A framed official jersey was also gifted to symbolize the Ooni’s endorsement of the forthcoming Adron Games. This event aims to unite sports enthusiasts, real estate firms, and various stakeholders under one roof to participate in a range of indoor and outdoor competitions, with exciting prizes for winners in different categories.
The Ooni, through a signed letter, formally endorsed the Adron Games and expressed his intention to attend the event. He encouraged Adron Homes to continue its commitment to sports development, recognizing it as a vital unifying force for youth across the nation, transcending racial and regional divides. He also expressed gratitude to Aare Adetola and his team for their support during the Annual Olojo festival and for celebrating his birthday with generous gifts.
In his remarks, Aare Adetola highlighted that Adron Homes is honoured to collaborate with traditional rulers and contribute to the development of their communities. He extended best wishes to His Imperial Majesty for continued good health and prosperity, expressing hope for many more years of celebratory milestones. Aare was accompanied by several senior executives from Adron, including Adenike Ajobo (MD), Ihuoma (DGSM), Azuru, Emmanuel Oladapo (DAS), and several other key team members.
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