Nigeria yet to fully utilise commercial shipping potential, says expert

The huge employment opportunities and the commercial viability that are bound in shipping has remained largely under-utilised in Nigeria, a shipping operator has said.

Mr Alex Egenti, the Managing Director of Millennium Shipping, made the observation in an interview with the News Agency of Nigeria (NAN) on Wednesday in Lagos.

He said that the shipping sub-sector in Nigeria had the potential of creating employment for young graduates,  skilled and untrained youths.

According to him, the country must begin to consider the need for adequate ship maintenance and repair facilities for it to take advantage of the gains associated with sea transportation.

Egenti said in that regard, millennium shipping was working to develop a floating dock to take care of the essential service as well as provide employment for many Nigerians.

“We are looking at bringing in a massive floating dock and by the time that dock comes in, life will be a lot easier for Nigerian local ship-owners.

“There will be employment for so many young generations because seaway transportation in Nigeria is at the point of zero.

“There is what we call hover transportation; it is a kind of sea-bus

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