Saturday, 24 September 2016

Nigeria’s indigenous shipping line underway, says Amaechi

Although is known his usual lies,  Minister of Transportation, Rotimi Amaechi has said that a new national shipping line is to be floated soon to cushion the challenges of foreign exchange and other difficulties faced by Nigerian investors when they patronize foreign vessels.
The minister remarked that so far, a lot of work has gone into setting up a major National Shipping line that will give opportunity to Nigerian investors to buy into the shipping business, thereby creating jobs and increasing revenue drive. When functional, he said the law would help reposition the economy, especially in the light of current economic challenges.