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Government Policies

Oyetola inaugurates NSC board to reduce cost of doing business – Blueprint Newspapers Limited

Last updated: January 20, 2026 10:45 am
Published: 3 months ago
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The Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola has inaugurated an 11 board member of the Nigerian Shippers’ Council to reduce the cost of doing business at our ports, facilitating trade, protecting the interests of shippers, and strengthening Nigeria’s competitiveness in regional and global commerce.

Other mandates of the board, according to the minister is to provide the strategic oversight required to translate policy into measurable outcomes.

The minister during the inauguration on Monday in Abuja said the Nigerian Shippers’ Council occupies a critical position as the designated Port Economic Regulator, entrusted with promoting efficiency, fairness, and transparency in port pricing, charges, and service delivery.

He charged with providing policy guidance, strategic direction, and vigilant oversight in accordance with the law.

“Let me emphasize that while Management is responsible for day-to-day operations, the Board’s duty is to ensure that the Council remains faithful to its mandate, complies with government policies, and consistently delivers value to Nigerian shippers and to the national economy.

“I urge you to work in close harmony with the Management of the Council, guided by professionalism, mutual respect, and a shared commitment to excellence in service delivery.

“There must be no distractions or conflicts that could hinder institutional performance. All deliberations, decisions, and actions of the Board must strictly conform with extant laws, government policies, rules, guidelines, and circulars.

“This Board must never become a routine forum. Every meeting must be purposeful, every deliberation must lead to clear and actionable decisions, and every decision must advance efficiency, fairness, and competitiveness in the maritime sector.

Also, Chairman of the board, Dr. Ibrahim Shehu Shema thanked President Tinubu and the minister for the opportunity to serve, pledging that the board would discharge its responsibilities with diligence and integrity.

Read more on Blueprint Newspapers Limited

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