The stakeholders said Africa’s maritime sector is bound to be affected by the IMO targets, especially with the key concerns of the availability, quality and supply of low Sulphur fuel and whether refineries would be able to meet new demands.
He said ships are crucial to the global economy as over 85 per cent of all the goods and services that enter Nigeria come via the seaports, hence, any transition to greener fuels could be expensive and consumers will most likely be at the receiving end due to the huge technological advancement that is required to adapt to this change.
“At NSC, we are concerned that the technologies required for greener shipping and the innovations would come with cost implications. There is an advantage to moving and being consistent with the demand of climate change, but embedded in this is the issue of cost.
Sambo stated that as the world transits to higher levels of artificial intelligence and green technology, the need for a new technology to drive the maritime sector has not only become necessary, but imperative as a nation.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria @ 62: Gridlocks and illusive el- dorado | The Guardian Nigeria News - Nigeria and World NewsWith peremptory magistracy and awesome gallantry our founding fathers fought with dogged obduracy for the political independence of our glorious country, Nigeria.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
We’re against violent agitation in Nigeria – Ohanaeze | The Guardian Nigeria News - Nigeria and World NewsOhanaeze Ndigbo, an apex Igbo social-cultural organisation, says the body is against violent agitation in any form because the group believes in the continued corporate existence of the country. And you welcome terrorist domination? Say it! Complete it! Ndi Nzama! Old washout irrelevant Ohaneze ndi oshi! Ndo olu ha gwuru agwu. Each time you hear them say they have collected little Nzama!
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Yobe Deputy Governor loses 100-year-old brother | The Guardian Nigeria News - Nigeria and World NewsBarde, who died on Sunday in Gubana village after a protracted illness, was the elder brother of Yobe Deputy Governor, Alhaji Idi Gubana. May his soul rest in peace Idgaf
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Hurricane Ian death toll climbs in Florida | The Guardian Nigeria News - Nigeria and World NewsThe confirmed death toll from Hurricane Ian, which slammed the southeast United States last week, has risen to at least 62, officials said Sunday.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Guinea opposition spurns talks with junta | The Guardian Nigeria News - Nigeria and World NewsOpposition forces in Guinea on Monday spurned the ruling junta's offer of dialogue, accusing it of authoritarian rule and 'unacceptable' violations of fundamental rights.
Source: GuardianNigeria - 🏆 1. / 94 Read more »