Challenges faced by vessels bound for Nigeria

CNBC Africa's Onyi Sunday sat down with Hassan Belo, the Executive Secretary and CEO of the Nigeria Shippers Council, to delve into the challenges faced by vessels bound for Nigeria. Belo highlighted the crucial need for automation, transparency, and efficiency in the maritime trade industry. He emphasized the importance of streamlining processes and procedures to attract business to Nigerian ports amidst stiff competition. Drawing attention to the need for cost-effective and transparent services, Belone outlined the progress being made in improving efficiency in Nigerian ports. However, he also underscored the importance of addressing issues such as piracy, infrastructure development, and trade facilitation within the African continent. Belo stressed the significance of collaboration among African nations to combat piracy and promote trade growth within the region. Moving forward, it is imperative for Nigeria to focus on enhancing its port operations, increasing transparency, and fostering regional cooperation to unlock the full economic potential of the maritime industry.