NAN-H-15
By Uche Eletuo
Lagos, Oct. 19, 2016 (NAN) A maritime operator and Director Marlog Ltd., Mr Tony Iroegbu, on Wednesday urged the Federal Government to encourage the construction of scrap yards to stimulate indigenous ship owners.
Iroegbu said that countries like India and Singapore derived much revenue from scrap yards.
The director said that the Nigerian maritime sector was in dire need of scrap yards which would stimulate the sector.
“The Nigerian waters are replete with ship scraps (wrecks) that could be recycled to create wealth.
“A whole lot of our maritime engineers are jobless and are longing for avenues to practice their career.
“Operators are losing businesses due to delays in spare parts transits,’’ Iroegbu told NAN.
He said that Nigeria was losing by not encouraging the construction of scrap yards, adding that jobs were lying fallow in that sub-sector.
Iroegbu urged the Federal Government to provide the leeway for willing private investors to harness the resources. (NAN)
EUC/AJA
========
(Edited by Adeleye Ajayi)