As we look at The Future of the Maritime Industry in Nigeria, the maritime sector in Nigeria has undoubtedly had its demurs and successes, over the years there’s been strategies and propositions towards tackling its numerous challenges in order to intensify its achievements and accomplishments. Nigeria has been recognized as one of the reputable maritime nations in the world, with over 8,000 kilometres of navigable inland and coastal channels as well as its fresh water lakes. A cursory view of the future of the maritime industry in Nigeria, presents a somewhat lucid picture, if strategies are put in place and enforced to tackle the numerous challenges confronting the industry.
The nation really needs to start thinking strategically about The Future of the Maritime Industry in Nigeria, if it aims to revamp the maritime sector and create a significant future for effective international trade and an efficient maritime economy, like world notable maritime nations such as, the United States, Denmark, Panama and Nicaragua. In addition, the Nigerian government need to step in and contribute immensely towards the development of the maritime sector.
Programs such as digital supply chain proficiency and management and financial empowerment, should be created aimed at re-enforcing human capital within the maritime sector. Nigeria should also take a cue from other developed maritime nations like Norway, the Netherlands, the US and Denmark and create more professional maritime networks in order to allow prospective maritime entrepreneurs to acquire requisite enterprise skills as well as increase their social capital, in a bid to improving The Future of the Maritime Industry in Nigeria rejuvenating efficiency and viability in the maritime industry in Nigeria. A future in maritime in Nigeria where adequate infrastructure, digital logistics, increased foreign investments and more private investors’ participation in the industry is achievable if the government plans and execute strategies targeted in that regard, and especially in partnership with the The Best Ocean Freight Forwarder in Nigeria , as this will boost the nation’s economy.
Additionally, creating a new shipping leadership devoid of ineptitude, corruption, illegalities, mediocrity is crucial in improving the sector. Presently, it is quite sad that the six seaports in the country are frequently struggling with capacity constraints and inadequate infrastructure despite the fact that the country is among the top most recognized maritime industry in West Africa, holding a key position therein. So, a lot has to be done to totally reform the maritime sector if we want to see and experience a positive change in the nearest future in that regard. The agreement with Belgium’s Port of Antwerp signed by the Nigerian Ports
Authority (NPA) is highly commendable as it is targeted towards boosting the potentials of the six seaports in the country , reinforcing its role as a top maritime centre in West Africa. With the partnership with the Port of Antwerp, the Nigerian
Ports Authority (NPA) started off in 2020, a new set of plan and strategy aimed at improving the overall condition in and outside the ports, which is a welcome development.
Notably, the country’s GDP will immensely benefit from the expansion of the ports’ coastal regions for effective and efficient maritime competitiveness and vital trade participation and partnership; which makes it a step in the right direction. In saner climes such as the United States, UK, Switzerland, Singapore, where the sector is so modified with a leading and working industry constituting top notch facilities where ships hun and other ancillary services in maritime and logistics blossom, it is important for Nigeria to take a cue from these nations and totally develop her maritime industry as this will attract foreign investors to it. The maritime sector in Nigeria can have a luminous and promising future if government, key players and stakeholders fully harness the powers inherent in digital technologies in its operations. Thankfully, there are a number of companies who are fully equipped and prepared for that future. With the use of Internet of Things (IoT), aiding in automating repetitive tasks carried out by employees, so as to provide them ample time to carry out more strenuous tasks, thereby increasing efficiency, the maritime industry in Nigeria can function maximally. With IoT, there is increased productivity. Billions of devices get connected to the Internet which makes it easier to share and track data, which can help in reducing the clumsy
process involved in verifying data during port operations, thereby eliminating illegalities in the sector. IoT introduces an easier, faster and more effective and efficient way of carrying out tasks.
Artificial Intelligence (AI) can also be applied to take decisions best suited for achieving corporate goals, solve complex problems and improve work efficiency. So, the future of the maritime industry in Nigeria starts with key players fully utilizing
digital technologies to aid its operations. Nigeria can be a part of the league of nations whose maritime industry comes at the top with the use of modern-day technologies