‘Efficient logistics sector imperative for trade growth’
Stakeholders in the logistics and transport sector of the economy have called on the Federal Government to continue to improve the business community to attract both local and Foreign Direct Investments (FDIs) into the country.Indeed, they described the need for efficiency in the sector as imperative to boost trade and services.
The President, Chartered Institute of Logistics and Transport (CILT) Nigeria, Ibrahim Jibril, explained that to enhance growth recovery while ensuring sustainable development, the ease of doing business is inevitable.
Jibril during the 2nd edition of 2018 Multimodal West Africa organised by Clarion Events, West Africa, tagged, “Enhancing growth recovery through efficient logistics and transport” stated that a hassle free and seamless transportation system and movement of gods and services from one end of the country to another, through multimodal transportation, will bring about the development and economic restoration that Nigeria seeks, not neglecting the effect it will also have on the productivity of other sectors.
He said some of the biggest challenges faced with the industry are human capacity development, empowerment, continuity, infrastructure and the ease of doing business, stressing that the need to address these issues is imminent.
He said the theme of the event is timely to the development and growth of modern logistics and innovative supply chain solutions, at a time Nigeria and the African community at large is tilting towards growth recovery and sustainable development.
Also, the Commercial Director, Clarion Events, West Africa, Russell Hughes, pointed out that the objective of Multimodal West Africa is to provide an annual platform where importers and exporters can meet with freight forwarders, shipping lines, clearing agents, ports and terminals as well as government representatives in the region to find the most cost-effective ways to move their cargo, learn about the new port and developments in transport and logistics sector in the region.
He said in light of Nigeria’s capital import growth due to infrastructure projects and raw material export through agricultural produce and solid minerals, Clarion Events resolved to deliver the Multimodal trade fair to the West African region.
The three-day exhibition boasts almost 50 international and local exhibitors and the Multimodal West Africa will welcome 20 expert speakers, with visitors from logistics, manufacturing, retail, agribusiness, chemical, automotive, electronics, Fast Moving Consumer Goods (FMCG) and the likes.
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