The Ministers of Transportation and Aviation, alongside renowned experts in the aviation, rail and maritime sectors have been lined up to speak on measures required to rescue the Nigerian economy through the country’s various modes of transportation.
The industry professionals are to outline these measures at the 2022 Annual Seminar of the Abuja Transport and Aviation Correspondents Association (ATACA), coming up on December 5, 2022, in the Federal Capital Territory.
The seminar, with the theme: “Nigeria’s Troubled Economy: Aviation, Rail, Maritime As Rescue Sectors.” is being organised by ATACA with its industry partners to proffer necessary measures to tackle the country’s current economic quagmire.
In a statement signed by the ATACA Chairman, Chris Agabi, he explained that the seminar was part of the association’s efforts to create an avenue for stakeholders to discuss strategies through which the transportation sectors would significantly impact and rescue the Nigerian economy.
The Minister of Aviation, Hadi Sirika, and Minister of Transportation, Mu’azu Sambo, are the chief hosts for the seminar, while the Minister of State for Transportation, Prince Ademola Adegoroye, is the host.
The Chief Economic Adviser, Cross River State, who once served as Private Sector Specialist for the African Development Bank, Dr. Francis Ntamu, is the guest speaker at the all important seminar.
The rise in NIgeria’s inflation coupled with the crash of the local currency against the United States dollar and the plunge in the country’s oil production due to massive oil theft, have led to economic instability nationwide.
There have been calls for economic diversification and the need to explore other avenues of growing the nation’s earnings in order to address the instability in the economy.
Experts have stated that the transportation sectors could support in rescuing the troubled economy if the right measures are adopted.
It is therefore in this regard that a body of journalists covering the sector has deemed it necessary to engage the relevant stakeholders and industry players in both public and private sector to brainstorm on the way forward.
The seminar will also witness inciteful presentations from the Nigerian Shippers Council, Federal Airports Authority of Nigeria, Nigerian College of Aviation Technology, Maritime Academy of Nigeria, Nigeria Ports Authority, Nigeria Railway Corporation, among others.