shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Barge Operators Seek 20% Of Railway Fund For Water Transportation

Barge Operators Seek 20% Of Railway Fund For Water Transportation

by Joshua
September 12, 2022
in Featured, News

Oluyinka Onigbinde

The Barge Operators Association of Nigeria (BOAN) has called on the Federal Government to commit 20% of its railway budget to the development of inland water transportation, particularly barge operation, in the country.

BUNMI OLUMEKUN

The President of BOAN, Bunmi Olumekun said that such financial commitment will help the government to tap the huge resources in barge operations which is said to be worth over $3 billion.

Olumekun stated this at a Roundtable Conference of the Maritime Reporters’ Association of Nigeria (MARAN) at the secretariat of the association in Apapa, Lagos last Thursday.

He said “barge operation is a $3 billion investment added to the GDP. We have not tapped what we are supposed to get from the industry. Barging requires a lot of capital; we cannot do it alone. The government needs to come to our aid. We will appreciate it if the government can dedicate 20% of the railway funding to water transportation”.

Olumekun also said the proposed Regional Maritime Bank is an advantage for barge operations. “The maritime bank is a welcome development. We can easily get a loan at one-digit interest.”

The BOAN President said that port terminal operators and some foreigners, mostly Asians, are taking over their jobs, and called on the federal government and the National Assembly to legislate and domestic barge operation as strictly for Nigerians.

“Asians have bought over all the land along Agbara to Badagry waterways in Lagos for terminal purposes with interest-free loans. We don’t want to be left behind. Bonded terminals were used and dumped by the government. Nobody is patronizing them.

“We need legislation to regulate barge operations to make barging a local content strictly for Nigerians. All our barges are locally-made in Lagos, Warri and Port Harcourt and a lot of companies are coming into barge construction. The industry must be protected to save over 5000 jobs in the industry.

“The National Assembly must also legislate that a certain percentage of cargo should be moved by water,” Olumekun said, even as he called on state governments to also invest in water transportation.

Olumekun who commended the efforts of the Nigerian Ports Authority on the regulation of the barge business said that barge operators moved three million TEUs in and out of ports in Lagos in the last three years.

He equally described the Lekki Port as a messiah, saying it would “create a lot of business opportunities for my members”. “We need to put a lot of things in place. What happened in Apapa should not happen at Lekki.”

Also speaking at the conference, Prince Daniel Eze, the Public Relations Officer of BOAN, said that some terminal operators have begun to open barge operation departments. “We want a legislation that forbids foreigners and terminal operators from barging.”

shippingposition

Kindly like us on Facebook/twitter


Tags: BARGE OPERATORS

Related Posts

NNPC Foundation Symposium: Communication Key to Building Climate Resilience, Says UniAbuja Dean

NNPC Foundation Symposium: Communication Key to Building Climate Resilience, Says UniAbuja Dean

June 10, 2026
Open Registry Will Boost Revenue, Jobs, Fleet Growth — Expert

Open Registry Will Boost Revenue, Jobs, Fleet Growth — Expert

June 10, 2026
AfCFTA: FG Opens $1 Bn Financing Window For Nigerian Businesses To Accelerate  Export growth

AfCFTA: FG Opens $1 Bn Financing Window For Nigerian Businesses To Accelerate  Export growth

June 10, 2026
Stakeholders Seek Inclusive Pathways For Sustainable Ocean Economy

Stakeholders Seek Inclusive Pathways For Sustainable Ocean Economy

June 10, 2026

Latest News

NNPC Foundation Symposium: Communication Key to Building Climate Resilience, Says UniAbuja Dean

NNPC Foundation Symposium: Communication Key to Building Climate Resilience, Says UniAbuja Dean

June 10, 2026

Open Registry Will Boost Revenue, Jobs, Fleet Growth — Expert

AfCFTA: FG Opens $1 Bn Financing Window For Nigerian Businesses To Accelerate  Export growth

Stakeholders Seek Inclusive Pathways For Sustainable Ocean Economy

NEPZA Seeks Obong Of Calabar’s Support To Expand Free Trade Zone Operations

Ferry Safety: LASWA, Interferry Begin Hands-On Training For 50 Participants

Senate Seeks Ban On Textile Imports, Urges Revival Of Local Mills

Vessels Expected At Lagos Ports As At 10th June, 2026

Nigeria’s Total Trade For Q1 2026 Stood At N34.78bn- NBS

KLT Customs Pledges Enhanced Engagement with Maritime Stakeholders

Delta Gov Mourns As Warri-Itakpe Train Derailment Claims 4 Lives  

CPPE Urges Reps To Reject Sugar-Sweetened Beverage Tax Bill

kindly like our Facebook page

Health

NCDC Places States On High Ebola Preparedness Alert Over Importation Risk
Health

NCDC Places States On High Ebola Preparedness Alert Over Importation Risk

June 1, 2026

The Nigeria Centre for Disease Control and Prevention (NCDC) has placed several states on high Ebola preparedness alert after a...

It’s The Season Of Corn

It’s The Season Of Corn

June 1, 2026
Ovarian Cancer: Why Nigerian Women Are Dying In Silence

Ovarian Cancer: Why Nigerian Women Are Dying In Silence

May 18, 2026
Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

WARNING: No Amount Of Sex, Special Diet Can Prevent Prostate Cancer

May 11, 2026
Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

May 11, 2026
Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

May 4, 2026
Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

May 4, 2026
Your Stool Determines The State Of Your Health

World Liver Day 2026: Low Awareness Threatens Fight Against Liver Disease – Experts

April 27, 2026
Your Stool Determines The State Of Your Health

Your Stool Determines The State Of Your Health

April 27, 2026
WARNING: High-Salt Diet May Speed Memory Decline In Men

WARNING: High-Salt Diet May Speed Memory Decline In Men

April 20, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition