The House of Representatives Committee on Shipping Service, on Thursday, mulls establishment of a marítime bank for the development of the nation’s shipping sector.
This was disclosed by the chairman of the committee, Hon. Abdulsamad Dasuki, when he paid an oversight visit to the council headquarters in Lagos.
Dasuki, who stated that creating Marítime bank will stop capital flight, however, disclosed that the committee was planning to have a meeting with the Shipowners for effective service delivery in the country.
The committee is looking at the possibilities of establishing a maritime bank so that the marítime sector will have its own bank and the Shipowners will have their bank as this will help stop capital flight,” he stated.
Dasuki further stated that the bill to give the council backing as port economic regulator has passed second reading in the house of representatives.
According to Dasuki, the bill will be a catalyst for changing the nation’s economy, saying the council will perform exceptionally when the bill is passed into law.
