AfCFTA: Varsity Don urges Freight Forwarders to focus on the economic benefits - Harbours

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AfCFTA: Varsity Don urges Freight Forwarders to focus on the economic benefits


The Chairman, Maritime Studies University of Lagos, Professor Iyiola Oni has called on Nigerian freight forwarders to study all relevant sections  from the African Continental Free Trade Agreement (AfCFTA)  agreements before the commencement date.
The transport expert also called on Nigerian practitioners to draw their road-map for the future as the Agreement is set to commence in March 2020.

Disclosing this during his lecture delivered at the 20th-anniversary celebration of the National Association of Government Approved Freight Forwarders (NAGAFF) recently in Lagos, Professor Oni said that it is not all nations that sign the agreement that will benefit equally adding that only those who are prepared that will gain more.
In the same vein, he maintained that freight forwarders must equip themselves if they do not want to be left behind in the AfCFTA regime.
He admonished the practitioners to study and understand the Agreement and the operations of single window imperatives.
The professor said “Since almost all countries in Africa are coming in stream in this Agreement, freight forwarders should start studying and identifying which countries they have a comparative and competitive advantage with that they can hook up with easily.
“They should start brokering partnership in these countries and start pilot or trial business schemes in anticipation of the full-scale operations of the AfCFTA in 2020.
“As operations, plan and position for these giant strides by the African Union to boost economic activities in the continent, the spirit is for you to rise above local challenges, develop an adequate capacity for continental and global competition,” he stated.
According to the erudite transport Professor, benefits of the regime will accrue to countries and individuals that are well equipped.
He also posited that welfare benefits from lower import prices, production efficiency and increase in outputs will offer more jobs to the freight forwarders.
In his reaction to this, the founder of NAGAFF, Dr. Boniface Aniebonam urged members of the association to acquire knowledge at all cost.
He said: “What I charge all of you is to abide with the law, never go against the law, but be fearless. You will attain the greatness you desire. NAGAFF Members trained so far are more daring and determined”.
“NAGAFF people, go back and read, acquire skills and knowledge, this is the yardstick for concluding the movement ahead of us. You are at liberty to upgrade yourself, because soonest, diploma degree will be the minimum qualifications for practice as a Freight Forwarder”.


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