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Logistics sector contributes 3.5% of country’s GDP


• Sector critical to national development
With a 3.5 per cent Gross Domestic Product (GDP) contribution, and an asset worth N1 trillion of courier, experts in the logistics and courier industry have called for urgent intervention to move the sector forward.
Noting that logistics is an everyday life achievement, attached with time element, they argued that it is pertinent to embrace whatever it takes to give the sector a boost, as it is very critical to national development.
Speaking at the 2019 International Investiture and Book/Paper Presentation/Panel Discussion by the Courier and Logistics Management Institute (CLMI), Chairman of CLMI, Prof. Simon Emeje, said the Institute came on board to bridge the skill gap in the sector.

He spoke on the need to promote professionalism in the courier and logistics industry for national development, where he stressed on four pillars that govern human life through effective use of time element.
“We come together to professionalise and have impact in the country, by putting place programmes and impacting people to push the institute forward, as the Institute is the first globally.
“With the full practical we expose our students to, we aim to train one million entrepreneurs in two years, who will in turn employ five employees to generate a multiplier effect of about five million people being engaged in fruitful work that will impact the economy, when multiplied by one million entrepreneurs.”
A keynote address by the former Minister of Communications and chairman of the investiture programme, Adebayo Shittu, said there is a need for government to see the potential in the sector to contribute immensely to national development.
He disclosed that the process of establishing an Information, Communications and Technology (ICT) University in Nigeria is on, as the feasibility study has been conducted already, with a view to producing graduates that are job creators and entrepreneurs.
Shittu, who is also a life grand patron and fellow of the Institute, decried that the syllabi in most Nigerian universities are archaic, existing for over 40 years.
According to him, “We need to key into daily development in the developing world. We are in the 21st century and we are at the precipice of the fourth industrial revolution. The revolution is already here with us whether we like it or not.
“And unless we work to be relevant as a nation and people, we must continue to acquire more knowledge, and we must connect with the developing world and also, we must train and re-train and continue to train.”
In a paper on, “Courier, Logistics and Transport Entrepreneurship in National development Agenda,” Group Managing Director, FEDEX/Red Star Express, Sola Obabori, said Nigeria is not doing well in terms of International Logistics Performance (LPI), as it keeps dropping year after year, translating to poverty.
He noted that Nigeria does not lack entrepreneurs but human capital, adding that if the country grows its capacity of entrepreneurs, the economy would grow.
He recommended that public institutions must rise up to the task ahead, the nation must grow its human capital and also engage relevant stakeholders.

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