N3tn Logistics Industry Remains Untapped - Emeje

The Executive Chairman of the Courier and Logistics Management Institute, Professor Simon Emeje, expressed concerns that the country has not harnessed the potential of its logistics, courier, and transport industry, estimated at N3tn.

This was disclosed by him during a press conference to announce the Courier and Logistics Management Institute International Conference and Investiture 2023, scheduled for November 23, in Lagos.

He said, “In contemporary times, the business of courier, logistics, and transport has become critical in national development.

“This prominence and the need to train and promote professionalism and certification in courier, logistics, transport, and management services have made it imperative to establish this institute."

He further explained the critical role of logistics in economic development, noting that as a country’s economy advances, it is propelled by the development of logistics.

According to Emeje, “Today, logistics is even more important when it is considered a base for sectors of the economy because it helps to link the flow of goods and services from the first partners to the final customers.

“The logistics, courier, transport, and management industry command an average asset worth over N3tn, presenting substantial potential for job creation.”

He also said the CLMI conference and investiture would focus on the theme “Logistics Solutions and National Infrastructure Development”.