The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has described Public Private Partnership (PPP) model as the tonic that will turn the country to the regional maritime hub.
According to him, this would create room for the provision of adequate maritime infrastructure for the sector to thrive.
He identified this approach as a necessary step capable of unlocking the vast opportunities in Nigerian maritime industry to enhance optimum productivity.
Peterside made this known during the fourth quarter meeting on PPP, organised by Infrastructure Concession and Regulatory Commission (ICRC) in Abuja.
He stressed that given Nigeria’s strategic location, population and volume of trade in the African region, what the country needs to become a major hub of maritime activities was strategic investment in infrastructure in the maritime industry, which should be championed through a PPP model.
According to him, “the PPP model will be able to address infrastructure deficit and optimise local content development. Partnership with the private sector also has the potential to enhance human capital development and active government participation in a private sector driven economy”.