A new government under president Goodluck Jonathan will see the introduction of investor-friendly economic reforms that create opportunities for the shipping and logistics industries, according to TradeInvest Nigeria. It describes Nigeria as a “natural hub for sea transport in West Africa.” Over 75% of the country’s imports and exports travel by sea. There are, however, serious challenges: “Clever investors could turn the many challenges that face the industry (ranging from the lack of manpower, infrastructure, financing to security) into opportunities,” says TradeInvest Nigeria.
