With Nigerians yet to come to grips with the absurdity of the Nigerian National Petroleum Company not remitting billions of dollars of oil income to the national treasury, another public corporation has been fingered for engaging in the dubious act. Last week, the National Conference Committee on Finance told a shocked plenary that the Nigerian Ports Authority had failed to remit N713 billion to the Federation Account over six years.
This is impunity at its worst. It is a reckless regime of sleaze that has weighed down Nigeria’s maritime industry from playing a leading role in West Africa.
A combination of pervasive corruption and mismanagement has relegated our maritime industry to an also-ran in the sub-region, when, with its trade volume, it should be the hub of the shipping industry.

















