National Assembly projects 20% maritime contribution to GDP

The National Assembly said it is targeting a 20 per cent contribution of the maritime sector to the country’s Gross Domestic Product in 2024.

The Chairman of the House Committee on Shipping Services, Abdussamad Dasuki, stated this on Thursday in Lagos at a special performance retreat organised by the Nigerian Shippers’ Council.

The retreat was themed ‘Strengthening Economic Regulation of the Marine and Blue Economy’.

Speaking at the event, Dasuki said that the sector, which was expected to deliver nothing less than 20 per cent, was currently contributing less than one per cent.

He promised that everything that needed to be done to change the narrative would be done accordingly.

“As the chairman overseeing NSC, we are going to be partners in progress to do all that is expected from you as the regulator of this important sector. On that note, I would highlight to you that even before the new executive secretary resumed office, I had championed having important backup law regulating this important agency.