Nigeria Shippers' Council Backs Transformative Sealink Project

The Nigerian Shippers' Council (NSC) has officially reaffirmed its dedication to providing the necessary regulatory guidance and institutional support for the successful realization of the Sealink Project. This commitment was articulated by NSC's Executive Secretary, Dr. Pius Akutah, during a recent courtesy visit from a delegation representing the Nigerian Export-Import Bank (NEXIM Bank), supported by the European Union and in partnership with the Port of Antwerp-Bruges.

Dr. Akutah highlighted the Sealink Project's potential to significantly transform Nigeria's coastal and inland shipping sector, emphasizing the NSC's role in facilitating trade and enhancing regional connectivity. The delegation presented the project, identifying the NSC as a crucial stakeholder. They also conveyed the Port of Antwerp-Bruges' readiness to collaborate on upgrading Burutu Port as a core component.

While commending the initiative, Dr. Akutah stressed the importance of addressing operational and regulatory challenges for its sustainability. He called for the integration of dredging costs into the project's financial framework, the deployment of suitable vessels, and the establishment of a robust security architecture, especially in the Niger Delta.

The NSC plans to establish a dedicated technical team to offer ongoing regulatory guidance. Dr. Akutah also assured that an appropriate regulatory framework and a clear dispute resolution mechanism would be developed before any concession arrangements are finalized. He expressed optimism that the Sealink Project would boost trade, connectivity, and economic growth, positioning Nigeria as a key maritime hub within Africa under the AfCFTA.