Close Menu
IBOM BLOGIBOM BLOG
  • Home
  • Ibomblog TV
  • #TALKBETA
  • News
    • Politics
    • Health
    • Education
    • Entertainment
    • Sports
  • Gospel Music
  • Naija Music
Facebook X (Twitter) Instagram YouTube
Sunday, June 29
Facebook X (Twitter) Instagram YouTube
IBOM BLOGIBOM BLOG
Subscribe TO OUR YOUTUBE CHANNEL
  • Home
  • News
  • Ibomblog TV
  • Entertainment
  • #TALKBETA
  • Sports
  • Naija Music
  • Gospel Music
IBOM BLOGIBOM BLOG
Home»News»PMAWCA: NPA launches $1.1bn port rehabilitation plan for enhanced trade competitiveness
News

PMAWCA: NPA launches $1.1bn port rehabilitation plan for enhanced trade competitiveness

IBM AUTHORBy IBM AUTHORNovember 8, 2023No Comments4 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

The Nigerian Ports Authority (NPA) has said it is embarking on a significant $1.1 billion port rehabilitation plan in a means to ensure a strong commitment to fortify Nigeria’s trade competitiveness.

Speaking during a panel session during the 43rd PMAWCA (Port Management Association of West and Central Africa) conference held in Lagos, Mohammed Bello Koko, the Managing Director of NPA, stated that with almost every port in Nigeria requiring rehabilitation, the NPA is initiating a substantial overhaul, starting with the TinCan and Apapa ports in Lagos.

He stated that the objective of the authority is to enhance the physical infrastructure of these ports to accommodate vessels of all sizes and increase the draft at the quay side, with the aim of achieving draft depths of up to 14 meters expressing that the initiative will render Nigerian ports more competitive on a global scale.

Koko further stated that the NPA is also strengthening collaborations with the private sector to establish new seaports.

Notably, he said the Lekki Deep Seaport has already commenced operations, and the Badagry Deep Seaport recently signed an agreement with a Middle Eastern party, with construction scheduled to commence early next year.

He said these endeavours exemplify the NPA’s determination to create a multimodal transportation system connecting all ports seamlessly.

Recognising the inefficiencies associated with road-dependent cargo evacuation, he said the NPA is actively working on alternatives initiatives which include implementing barges and expanding rail infrastructure. He informed that the rail line has reached Apapa port and will soon extend to TinCan port.

Furthermore, he said the survey for deploying cargo rail and tracks to Onne port has been completed, setting the stage for the project to kick off next year.

To streamline operations and reduce costs, Koko informed that the NPA is embracing automation.

He said, “The authority has automated its collection system and is collaborating with the International Maritime Organization (IMO) to introduce a state-of-the-art port community system, poised to optimize cargo clearance processes.”

Acknowledging the need for more efficient operations, he said the NPA is working on clarifying the responsibilities of government agencies within the ports with the newly developed port process manual aimed to reduce overlaps and eliminate duplication of duties.

On security he said deployment of the “Deep Blue Sea” project, equipped with air and sea assets, is enhancing security in the Gulf of Guinea and contributing to a significant reduction in piracy incidents within Nigerian waters.

Additionally, he stated that the NPA is collaborating closely with the Nigerian Customs to reduce bottlenecks and cut the cost of doing business within the ports.

Koko also disclosed the development of a 25-year port master plan that will guide the location, sizes, and activities of ports, terminals, and jetties in Nigeria.

He said the master plan will serve as a national working document, uniting all stakeholders towards marine and logistics development.

Speaking earlier Mr Martin Boguikouma, President PMAWCA, urged African countries to address challenges facing the region to be able to receive the new volume of traffic that would emerge due to AfCFTA

Boguikouma listed ways to solve the challenge as collaboration between customs and port authority to harmonise customs procedures.

“We need to ensure capacity building of all seaport and customs officials, and sensitise them on how to address cross border trade.

“There is a need to work in reducing transport cost, investing in efficient transport infrastructure, and maritime safety through enhanced interstate cooperation,” he said.

He noted Gabon had put in place things that would ensure that free trade becomes a success.

He listed some as signing of a Memorandum of Understanding on facilitation of trade, harmonised customs duty which was very important for AfCFTA

NPA PMAWCA
Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
IBM AUTHOR
  • Website

Related Posts

4 Mins Read

National Assembly Hails FIRS for Surpassing 2024 Revenue Target, Sets Ambitious N25 Trillion Goal for 2025

January 16, 2025
5 Mins Read

Sir Keir Starmer to Sign Milestone 100-Year Partnership with Ukraine During Kyiv Visit

January 16, 2025
11 Mins Read

Nigerian Leaders Honor Fallen Heroes on 2025 Armed Forces Remembrance Day

January 16, 2025
2 Mins Read

Tinubu: Nigeria’s Economic Reforms Have Started Yielding Positive Results

January 16, 2025
1 Min Read

Reps’ Deputy Chief Whip Adewunmi Onanuga is dead

January 16, 2025
2 Mins Read

Foreign remittances hit $1.3bn in February 2024 — CBN

March 8, 2024

Leave A Reply Cancel Reply

TRENDING VIDEOS
EDUCATION
Education

JAMB begins sale of DE documents

By IBM AUTHORFebruary 28, 202402 Mins Read

The Joint Admissions and Matriculation Board (JAMB) says it has commenced the sales of 2024…

Education remains top priority of our policy thrust in Rivers – Gov Fubara

February 26, 2024

UNILORIN expels 14 students over examination malpractices

February 22, 2024

Polaris Bank, Evolve Charity extend educational support to Schools in Imo

November 21, 2023
Search
FOLLOW US ON
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • WhatsApp
  • Telegram
Metro NEWS
Metro

Father dies rescuing son from well in Kwara

By IBOMBLOGFebruary 23, 202402 Mins Read
Metro

Again, Army Uncovers 40 Illegal Oil Wells in Rivers Community

By IBM AUTHORFebruary 29, 202404 Mins Read
Metro

Economic hardship: Diri mulls reduced working hours for State workers

By IBM AUTHORFebruary 28, 202403 Mins Read
Metro

Court remands two over alleged murder of commercial sex worker

By IBOMBLOGFebruary 22, 202401 Min Read
Metro

Commotion in community over search for widow

By IBM AUTHORNovember 20, 202302 Mins Read
RECENT NEWS

OgaMajesty – LAVIDA (Remix) ft. Challex D Boss Mp3 DOWNLOAD

May 27, 2025

OgaMajesty – LAVIDA MP3 DOWNLOAD

May 27, 2025

Cracking the Code: A Beginner’s Guide to WordPress Database Debugging

May 27, 2025

National Assembly Hails FIRS for Surpassing 2024 Revenue Target, Sets Ambitious N25 Trillion Goal for 2025

January 16, 2025
HEALTH

Nigeria to receive first vaccine for meningitis in the world

March 8, 2024

FG unveils National HIV/AIDS strategic plan

December 1, 2023

NAFDAC approves vaccine for Cancer immunization

October 19, 2023

68 Nigerian exports products rejected in Europe — NAFDAC DG

October 18, 2023
POLITICS

‘I’m not decamping to APC’ – Ortom

February 27, 2024

winner of EDO APC primaries Senator Monday Okpebholo declared

February 23, 2024

Edo APC passes vote of confidence on Acting Chairman

February 23, 2024

Economic Crisis- Hold Your Governors And Council Chairmen Accountable

February 22, 2024
ENTERTAINMENT

Bollywood Star Saif Ali Khan Hospitalised After Violent Home Intrusion

January 16, 2025

I lost over 200,000 followers for supporting Tinubu – Seyi Law

February 28, 2024

Burna Boy legendary – Joeboy

February 27, 2024

I recieve death threats for my social media comments – Daniel Regha

February 26, 2024
Facebook X (Twitter) Instagram YouTube WhatsApp
  • Contact Us
  • About Us
  • Advertise with us
© 2025 Ibomblog Media

Type above and press Enter to search. Press Esc to cancel.