Registrar of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Sam Nwakohu, has canvassed greater collaboration among industry stakeholders to improve the country’s rating in logistics, saying that Nigeria ranks 110 of 160 listed on the global logistics performance index (LPI).
Speaking in Lagos after being inducted as a fellow of the African Centre for Supply Chain (ACSC), Nwakohu charged logistics practitioners and other stakeholders to expand their interactions on finding a solution to the country’s low rating.
According to the World Bank Group, the LPI is based on a global survey of operators on the ground including freight forwarders and express carriers, providing feedback on the logistics ‘friendliness’ of countries with which they operate and trade.
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Describing Nigeria as a critical participant in African and global trade, Nwakohu said there was the need for the country to raise its integrity bar in the area of trade, which remains vital for economic development.
He said the present LPI of the country is worrisome and that government and private sector collaboration is required to achieve an improved rating as a way of promoting trade and foreign investment.
The registrar appreciated the African Centre for Supply Chain for the honour bestowed on him and advised it to mobilise all stakeholders to deliberate on the issues.
Director-General of Nigeria Institute of Transport Technology (NITT), Salih Farah, who was also conferred with the fellowship, assured of more support for human capital development initiatives in the logistics sector.
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