Inland terminal in Onitsha will grow the economy – Sen Oduah - Leystradamus.Com.Ng

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Wednesday, February 17, 2016

Inland terminal in Onitsha will grow the economy – Sen Oduah

Senator Stella Oduah (Anambra North) has again called for the establishment of an inland container terminal in Onitsha, Anambra State to grow the nations economy and attain industrial revolution in the South East.

She made the call on Monday while leading delegation of South East Amalgamated Market Traders Association, (SEAWMATA) on a courtesy vist to the President of the Senate Bukola Saraki at the National Assembly.

"There is indeed a great need to establish an inland container terminal in Onitsha considering the volume of trade ongoing on a daily basis, this will enhance production, boost the nations economy and revolutionalize the South East.

"Onitsha, asides being a commercial hub is also strategically located by the Niger Bridge this will ensure industrial layout and advocacy for industrial revolution starting with cottage industries and micro financ to drive them‎.

"We can create many Innossons from South East and beyond if enabling laws are enacted and if the senate can do this in an accelerated manner." Oduah added.

The Chiarman of SEAMATA Dr. Okey Ezenwankwo in his address lauded the leadership of the 8th senate while noting the implications of the dwindling economy to their businesses.

"We are following with keen interest the ingenuity which you have brought into the leadership of the 8th Senate which has helped in no small measure to bring stability in the democratic process we are enjoying today.

"The difficult economic challenges facing the world in general and our nation in particular has direct implications on us as buyers and sellers, this difficulty will send over 70% of the trading population into the labour market if nothing urgent is done to checkmate the situation.

"These challenges include; Sourcing of Foreign Exchange , SUNCAP, the 10,000 dollar of what one can take accross our boarders, we most passionately appeal to you to restore hope to families through setting fixed exchange rate for the Naira rather than leaving it at the mercy of market forces." He added.

We recall that on the 28th of January 2016 Oduah while speaking at the interactive session of the Committee on Banking, Insurance and other Financial Institutions, had emphasized on the creation of inland container in Anambra State to boost export.

Cynthia Ferdinand
Press Secretary to Senator Stella Oduah

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