Nigeria loses N1.8trn annually to lack of national shipping line –SEREC

Sunnewsonline | 06-04-2026 02:25pm |

By Steve Agbota The Sea Empowerment and Research Center (SEREC) has said that the absence of a national shipping line is costing Nigeria an estimated N1.8 trillion every year. It added that over $15 billion has been lost in the last few years. The group warned that the situation is eroding maritime earnings, deepening revenue

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