OPS laments poor state of Apapa roads

Please follow and like us:

  • 0
  • Share

…Says its hurting businesses

The Organised Private Sector (OPS) yesterday, lamented the effects of bad roads to Apapa ports, saying that the gridlock and delapidated road condition also affects cost of doing business.
The OPS spoke yesterday at a conference in Lagos on the Petroleum Industry Bill and the impact of bad roads in Apapa on businesses.
Director-General of NECA, Mr Segun Oshinowo, for instance said that many companies would close shop if Apapa roads continue to deteriorate.
“The OPS is concerned about access roads to the Apapa ports. It is affecting overhead costs of businesses for  our members.
“Preventable accidents occur regularly on the road due to their bad state leading to huge loss of revenues; loss of jobs and closure of businesses. This will further worsen trade facilitation,’’ Oshinowo said.
He advised the government to create alternative roads, put measures in place to free traffic and proffer lasting solutions to gridlocks in Apapa. On the Petroleum Industry Bill, Director-General of Manufacturers Association of Nigeria (MAN),  Mr Segun Ajayi-Kadiri,  advocated creation of two regulatory bodies for the petroleum industry as against one body recommended in the Petroleum Industry Governance Bill (PIGB) before the National Assembly.
Ajayi-Kadiri said that there was the need to avoid “costly mistakes’’ that could work against reforming the sector.
According to him, one of such mistakes is a provision in the PIGB for a single regulator for the industry.
He said that two regulatory bodies – one for the upstream and another for the downstream – would serve the sector better.
“A cursory look at some of the provisions of the PIGB revealed the likely emergence of the Petroleum Regulatory Commission (PRC) – an omnibus commission that will be empowered to regulate the entire petroleum sector.
“We do not share the view of the Assembly on creation of a regulator for a sector that is not homogenous in its activities and deliverables.
“The idea of a single regulator for the whole sector runs contrary to industry standards which by default already provides for an upstream and downstream regulator, ‘’ Ajayi-Kadiri said.
The Director-General of MAN said that the responsibilities  of the proposed commission was too wide as it cut across various value chains in a key sector of the economy.
He commended the National Assembly for taking steps to reform the petroleum industry through the PIGB, and called for accelerated actions.
The OPS comprises Nigeria Employers’ Consultative Association (NECA), Manufacturers Association of Nigeria (MAN) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

The others are the National Association of Small and Medium Scale Enterprises (NASME) and the National Association of Small Scale Industries (NASSI).

Facebook Comments

Please follow and like us:

  • 0
  • Share

Leave a Reply

Your email address will not be published. Required fields are marked *