The newly elected President, Ship owners Association of Nigeria , Dr. Mkgeorge Onyung, has called on ship owners in the country to be ready to take advantage of the planned investment of $3.5 billion in ship acquisition by the Nigerian Contents Development and Monitoring Board .
Onyung stated this during the inauguration ceremony of the newly elected executives of the association in Lagos. “At the just concluded NOGOF training NCDMB showed us $15 billion industry spread that is coming on in the next five years. In maritime alone, they showed us $3.5 billion that will come in marine spread. That is also not small money and this is not money that is coming from the budget. This is money that must be spent and this money must be domiciled with Nigerians and they are ready to show us the way to this money.
Onyung therefore, called for synergy among members in ensuring that problems facing ship owners are resolved through team efforts.
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