ANLCA Advocates Private Investment In Railways Coaches, Ban on Fuel Importation

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By Shola Fadeyi

tony nwabunike

Hon. Tony Iju Nwabunike, ANLCA  President

 

The Association of Nigerian Licensed Customs Agents (ANLCA) has appealed to the Federal Government to allow the private sector to invest in the Nigerian Railway Corporation (NRC) coaches  as part of measures to  enhance lifting of goods by rail.

It has also urged the Federal Government to stop  the importation of refined petroleum products, commence  refining of  crude oil locally, and   halt  a  situation , where a good amount of what should have been earnings for the country from the sales of crude oil, has gone into payment for subsidies on imported products

The National President of the Association , Honourable Tony Iju Nwabunike  who made the plea in a Statement he issued in Lagos, said  there was a need for government to decentralize ownership of coaches to increase the number of such facilities to be used to lift cargoes, from and to the  seaports in Nigeria.

He said that despite the fact that the Railways is owned by the Federal Government , allowing private individuals to invest in the operations of the Corporation  would make it to be efficient as it will contribute to the success of the take off of Inter modal transport in Nigeria .

Nwabunike stated that investment of the private sector in Railway coaches ,would  impact positively on the transportation  of good by rail in the country, while It will also cut down on the cost of provision of Railway services.

According to the ANLCA President, ’’ Despite that the Railways is owned by government , there is the need to allow private investment in  coaches to move cargoes from dry ports to the seaports and vice versa.

‘’ This mode of transport if encouraged and open for the private sector, will bring about cheaper and safer mode of cargo movement within the country’’.

On the issue of halting fuel importation, the  ANLCA President said he  doesn’t make logical and economic sense for Nigeria to be buying what she has from outside, simply because she failed to process her crude,because it  could not fix her refineries, and has failed to allow  for the private sector investment in crude oil refining.

Nwabunike stated that the government’s failure to utilize its natural resource has also manifested in its inability to make use of the cotton that abounds in the country to produce textiles , instead of having to  depend on other countries to produce the citizenry’s  clothing needs

He said the issue of poor powers supply also has to be solved, for the fact that part of the reason why the local textil industry  has collapsed is as a result of  dearth of electricity   supply, adding that it has been   discovered that it is cheaper to manufacture textiles outside Nigeria than doing it in the country.

According to him, the  textile industry alone can produce jobs running into millions for  Nigeria’s teeming population of 200 million people , while the country has not been able to achieve near sufficiency in rice production  even after importers  can no longer access foreign exchange for its importation , while the importation of the commodity to the economy through the  land borders, have also been banned.