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Home Government

Nigerian Maritime Industry Can Generate N7 Trillion Annually — CNS

Nnaemeka OkwarabyNnaemeka Okwara
January 9, 2025
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Nigerian Maritime Industry Can Generate N7 Trillion Annually — CNS
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According to the Chief of Naval Staff (CNS), Vice Admiral Emmanuel Ogalla, the Nigerian maritime industry has great potential to generate N7 trillion per annum, teeming with economic opportunities. Speaking at the National Institute for Policy and Strategic Studies (NIPSS) during a Defence Week Course, Ogalla, represented by Rear Admiral Gabriel Sunday Martins Adegboye, emphasized the untapped potential of the industry and called for urgent reforms.

He pointed out that old rules, slow and complicated government processes, and strict policies are major barriers stopping investment in the sector. He also stressed the importance of using digital tools, saying that the lack of technology and skilled people is holding back business growth. Furthermore, he expressed worries about cybersecurity risks, cautioning that poor digital protection makes important systems vulnerable to cyberattacks.

To help the maritime sector grow, the CNS suggested setting up a single digital platform for managing maritime activities and updating current rules. They also proposed a new law that should be approved and signed by the president by December 2025.

The Defence Week also featured presentations from the Nigeria Security and Civil Defence Corps (NSCDC) and the Nigerian Correctional Service. They explained how digital tools can help protect important national resources and support long-term development.

Tags: CNSfederal characterMaritime IndustryNewsNigeriaNigerian Maritime Industry Can Generate N7 Trillion Annually — CNS
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking. Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation. As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

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