As part of the initiative to reposition the maritime sector for greater efficiency in line with International best practices, the Nigerian Maritime Administration and Safety Agency (NIMASA) will release the empirical forecast that will determine the outlook of the industry in Nigeria by the first quarter of 2018. Dr. Peterside also noted that the maritime forecast to be released by NIMASA will look at the impact of global emphasis on Blue Economy and how Nigerians can benefit from it. On the market side, Dr. Peterside posited that it will analyze how demand and supply will evolve in the industry. “This report will be the most informative documentation on the future of the maritime industry in Nigeria”. The 2018 Nigerian maritime industry forecast is a set of predictions based on study of trends and patterns and it is intended to serve as a guide for investors and stakeholders in the industry.

Source: Nigerian Tribune December 26, 2017 16:52 UTC