HUMAN CAPITAL DEVELOPMENT KEY TO NIGERIA’S MARITIME FUTURE – SIFAX CHAIRMAN

The Chairman of SIFAX Group, Dr. Taiwo Afolabi, has emphasized that robust investment in human capital will be the defining factor in shaping Nigeria’s maritime sector and unlocking the full potential of the blue economy.

Speaking at a recent industry event, Afolabi stressed that while infrastructure and policy reforms are essential, the long-term success of Nigeria’s maritime industry hinges on developing a skilled, competent, and competitive workforce capable of driving innovation and efficiency.

He noted that countries like the Philippines have leveraged strong maritime education and training programs to dominate global seafaring labor markets, urging Nigeria to adopt a similar approach through enhanced curricula, technology integration, and industry-academia collaboration.

Afolabi highlighted untapped opportunities in coastal tourism, renewable energy, fisheries, and marine services, which require well-trained professionals in areas such as shipping management, port operations, marine technology, and environmental governance.

SIFAX Group, a leading player in ports, logistics, and marine services, has demonstrated commitment through initiatives like graduate training schemes for engineers and partnerships aimed at boosting gender inclusivity in the sector.

Experts agree that addressing challenges such as limited sea-time training, unemployment among certified seafarers, and skills gaps is critical. With over 90% of Nigeria’s trade by volume moving through maritime channels, developing human capital is seen as vital for economic diversification, job creation, and global competitiveness in the blue economy.