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Expert tasks FG on regulatory body for freight forwarding industry

By Providence Obuh
An Expert in the transport and maritime   industry has called on the Federal Government to set up an agency to regulate the activities of freight forwarders in the country.Speaking at a forum in Lagos,  Chairman/Chief Executive Officer, Fortune Global Shipping and Logistics Limited, Mr Eric Opah stated that the freight forwarding industry should also be seen as a profession and pratitoners in the sector as professional  just like the Banking, and other sectors of the economy.

He added that the regulatory agency which should have a Director-General as the person at the helms of affairs, will serve as a proper avenue for channeling issues affecting the industry and also check excesses and infractions prevalent in the sector.

He noted that the industry is suffering from stiff cash problem, and the only way forward is if operators are allowed to have access to fund which will help develop the sector.

He added that banks need to show more interest and support for shipping and freight companies because activities in the sector are capable of boosting the internally generated revenue profile of the country.

He noted that Fortune Global Shipping and Logistics Limited, an indigenous and wholly owned Nigerian company with 200 representative offices in various countries, is concerned with providing solution for developing professional logistics and shipping and that they serve as a major logistics and transportation company operating dedicated air/service, charter services, shipping, customs clearing and supply. Meanwhile, he stated that for the past ten years that they have been in business they have served as one of the integrated logistics company providing logistics to telecommunication firms, oil and gas, small scale enterprise, among others.
He said, “The major problem of most Nigeria freight companies which is returning of freight to international companies abroad is one thing we have been able to tackle, we have been able to handle this abnormalities since we started because we have always made the returns to our counter parts abroad.”

The company, according to Opah, is one of the leading freight forwarding and procurement company in Nigeria with branches/offices in Ghana and Cotonu, and with our business focus which is on intercontinental sea/air freight and shipping services.

“Our specialisation in meeting logistics needs of our multinational clients especially those in the automotive, electronics, telecommunication, oil and energy and chemical sectors, we now belong to four world freight forwarding organisation: The World Freight Network, (WFN), Aerocean Network (AON), World Freight Organisation(WFO) and the NVO Alliance,” he said.


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