By Christiana Ekpa
The Executive Chairman, Courier and Logistics Management Institute (CLMI), Prof. Simon Emeje, says courier and logistics sub-sector can boost Nigeria’s Gross Domestic Product (GDP) by 60 per cent, if fully tapped.
Emeje said this at a news conference organised by the professional body to announce its upcoming international conference and investiture, on Friday in Lagos.
The CLMI boss said that tapping into the industry with assets worth over N15 trillion required regulatory excellence and innovation.
Emeje, who expressed dissatisfaction that the full potential of the sector had yet to be tapped, urged the government to entrench regulations that would drive innovation, investments and growth.
According to him, an industry with such huge assets should have Federal Government’s recognition.
“The country is looking for measures to increase revenue and stabilise the economy.
“It is imperative that policymakers at both federal and state levels recognise the vital role logistics and courier services play in driving economic growth.
“‘By prioritising logistics and courier services, policymakers can unlock Nigeria’s economic potential, drive sustainable growth, and improve the business environment.
“The logistics sector in every economy employs millions of people than the oil and gas, including truck drivers, warehouse workers, supply chain managers and freight forwarders, amongst others,” he said.
Speaking on the role of the CLMI, Emeje said the institute was dedicated to supporting Nigeria’s economic growth by bridging the gap between industry needs and government policies.
He said the institute had been recognised globally for its expertise, with international partners seeking counsel.(NAN)
