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Friday, January 31, 2025

Nigeria can generate $40bn annually from maritime sector – NIMENA boss

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The Chairman of the Nigerian Institution of Marine Engineers and Naval Architects, Eferebo Sylvanus, has said that Nigeria’s maritime sector has the potential to generate over $40 billion annually if properly regulated and supported by robust research and development initiatives. Sylvanus said the sector is currently underperforming due to poor regulatory standards and weak enforcement

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