FG working to promote balance of payments, trade ― Bello

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FG working to promote balance of payments, trade ― Bello

By Dirisu Yakubu – Abuja

The President Muhammadu Buhari-led government is committed to putting an end to trade imbalance between Nigeria and her trade partners, the Nigerian Shippers’ Council, NSC, has said.

This is even as the agency pledged to collaborate with the Nigeria Customs Service and the Nigerian Ports Authority, NPA, to quicken the process of cargo clearance across the nation’s ports.

Addressing newsmen on Thursday, Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council, Hassan Bello, noted that a situation where ten vessels would come into the country laden with export goods and leave empty would no longer be tolerated.

“Describing the development as worrisome, Bello called for the diversification of the nation’s economy to facilitate Nigeria’s agricultural products to find their way to other countries.

He said, “It is a sad commentary. If ten containers come to Nigeria with imports, maybe only three will go with exports…



Source: Vanguard Newspaper