The Governing Board of the Nigerian Shippers’ Council (NSC) has pledged its full support to the Council’s management in driving key initiatives that will help the Federal Government achieve its economic growth target of seven per cent by 2027–2028 and a $1 trillion GDP by 2030.
Speaking in Lagos during the inaugural meeting of the newly inaugurated board, the Board Chairman, Dr. Ibrahim Shema, said the Council is poised to play a critical role in realising President Bola Tinubu’s economic transformation agenda.
Dr. Shema, a former Governor of Katsina State, noted that attaining these ambitious goals would demand dedication, innovation, and collaboration between the board and management.
“It is of great importance that the Shippers’ Council, in partnership with the Ministry of Marine and Blue Economy, aligns fully with the President’s vision of building a $1 trillion economy and achieving seven per cent growth. The Board and management have been called to service — we have serious work ahead,” he stated.
He emphasised that unlocking the full potential of Nigeria’s blue economy will require collective commitment and a results-driven approach.
According to him, the Council will prioritise initiatives aimed at enhancing trade facilitation, improving the ease of doing business, boosting revenue generation, and deepening stakeholder collaboration across the maritime and real sectors.
“As demonstrated by today’s presentation, it is evident that coordinated effort is crucial if Nigeria is to realise its full potential in the blue economy sector,” Shema added.
Earlier, the Executive Secretary and Chief Executive Officer of the Council, Dr. Pius Akutah, reaffirmed management’s commitment to working closely with the new board to achieve institutional and financial transformation within the NSC.
He outlined key priorities requiring the board’s guidance, including the passage of the Nigeria Port Economic Regulatory Agency (NPERA) Bill, the implementation of the International Cargo Tracking Note (ICTN), and the operationalisation of the one per cent Freight Stabilisation Fee.
“These measures are vital to strengthening regulatory transparency, improving cargo visibility, enhancing national security, and ensuring sustainable revenue for the Council,” Dr. Akutah explained.
He added that the NSC stands at a pivotal point in its evolution, with opportunities to become a financially robust and institutionally stronger maritime regulator.
“Management is committed to supporting the Board through reliable data, sound financial analysis, and structured stakeholder engagement. Together, we will protect shippers’ interests, promote efficient port operations, and contribute meaningfully to national economic growth,” he concluded.
