US$7 billion annual maritime revenue loss

On a motion by Julius Ihonvbere (APC, Edo) and Ibrahim Isiaka (APC, Ogun), the House of Representatives mandated its Committees on Ports and Harbours, National Planning and Economic Development, Maritime Safety, Education and Administration, and Nigerian Shippers' Council to investigate the gaps in the maritime sector. The motion said Nigerian ports handled barely 10 percent of West African imports although about 60 percent were bound for Nigeria, at an estimated loss of US$7 billion a year, and that the ports of Calabar, Port Harcourt, Warri and Koko remained undeveloped.