Eromosele Abiodun posits that the Nigeria Shipping and Port Economic Regulatory Agency Bill, in its present form, is a contradiction of the presidential policy specifically aimed at reducing cost of governance and implementation of the Oronsaye...
posits that the Nigeria Shipping and Port Economic Regulatory Agency Bill, in its present form, is a contradiction of the presidential policy specifically aimed at reducing cost of governance and implementation of the Oronsaye Report
The House of Representatives Committee on Shipping Services and Related Matters had on Monday, May 27, 2024 held a one-day hearing to gauge public feedback and input on repealing the Nigerian Shippers Council Act as prelude to enacting the Nigerian Shipping and Port Economic Regulatory Agency Bill.
Specifically, he added:"The shippers' council's gazette is being implemented today as a regulation and not as an Act. The Regulations provided that the Nigerian Shippers' Council shall perform the role of interim Port Economic Regulator with the administrative backing of the federal government." NIMASA is not alone as other agencies under the Ministry of Marine and Blue Economy are also demanding for 'revision of the existing approach of operation guiding the agencies over the years.'
Consequently, various versions of a bill to create this agency were developed and presented for legislative action in the 6th, 7th, 8th and 9th National Assemblies. However, none yielded the desired outcome due to conflict of interests and narrow articulation. It cannot be ruled out that personal gain, rather than national interest, may underpin the motivation of some persons pushing for enactment of the bill in its present form.
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