During an interview with our correspondent on the rail inspection project conducted by the Minister of Transport, Rotimi Amaechi, he said that maritime had the capacity to finance Nigeria’s budget.“We have tried oil; it has failed us. It is volatile, unpredictable, uncertain.
“What we intend to do is that ships coming to Nigeria would have the rail there and they would just offload the cargo and go off to Ibadan.Bello said the shippers’ council wanted Ibadan to be the process zone for export that had been processed. Speaking on the decision by the shippers’ council to shelve container deposit, he said the move was to indemnify risk and make business easier.“It is better indemnified, use insurance to penetrate in shipping so that the risks can be shared.