NPA MD Bello-Koko
HighlightTop StoryTrending Story

NPA CEO, Bello-Koko at Zenith Bank trade seminar on non-oil export, canvasses synergy by agencies for ports efficiency

885

The Managing Director of the Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, has called for more synergy among the agencies of government towards achieving efficient port management and diversification of the nation’s economy through seamless exports.

In realization of the government’s trade facilitation in the industry, Bello-Koko disclosed that 10 export processing terminals have been established at the Lagos ports.

Speaking as a panelist on Wednesday in Lagos at a hybrid 2022 Zenith Bank International Trade Seminar on non-oil export, the NPA boss said in addition, the trucks call up system (ETO) was deployed to rid the ports of congestion and promote ease of doing business by players in the sector.

Persecondnews which participated in the Zoom reports that Africa’s richest man and Chairman of Dangote Group, Aliko Dangote, Jim Ovia, the founder of Zenith bank, a senior Customs official, exporters and MDs of banks and exporters featured at the seminar.

Bello-Koko noted that there is less space at the ports built in the 1960s and 70s, adding that traffic and population had increased over time exponentially not commensurate to their sizes.

“For instance, Tin Can Port was built in the 1970s while Apapa was expanded in the 1060s. Since then traffic, population has increased with the huge population importing and exporting.

“So there is less space inside the ports. There must be synergy by the agencies of government to ensure the realization of government’s policy of diversification of the economy through exports.

“The trucks call up system (ETO) was introduced to facilitate the movement of trucks which was formerly manual but now digitized. We handle about 40, 000 or 45, 000 trucks daily, so it is a big traffic and busy ports.

“In addition, 10 export processing terminals were established by the NPA. To succeed in this, we need other agencies of government.

Nigeria Customs, SON and others carrying out certification should be at the terminals and that is now reducing traffic,’’ Persecondnews quotes Bello-Koko as saying at the forum.

The NPA CEO, however, expressed the optimism that greater efficiency will be achieved at the ports when the Lekki Port starts operation in September this year while Bonny Port and Badagry Port have already been approved.

On complaints of multiplicity of charges at the ports, Bello-Koko disclosed that NPA increased its tariff last in 1993, pointing out that other companies have been increasing their charges.

“We have told the Shipping lines that they should not just wake up and increase tariff to frustrate the ease of doing business.

On decongesting the ports, he said a dedicated lane had been created for trucks going to the ports, adding “we will work with the exporters to see how it will work.’’

“For export and import, we will reduce the time of taking containers into the ports or out of the ports.

The Managing Director of the Bank of Industry (BOI), Mr Olukayode Pitan, disclosed that the bank had been assisting small, medium and big enterprises with the disbursement of N1.3 trillion in the last seven years.

Mr Olusegun Awolowo, the immediate past Executive Director of Nigerian Export Promotion Council and grandson of the late Chief Obafemi Awolowo, said about $30 billion was being targeted by the government from non-oil sector by 2025.

He disclosed that Nigeria’s GDP of $511 billion is higher than Dubai’s $501 billion and South Africa’s $426 billion as a global economy.

 

Leave a comment

Related Articles

Ebonyi Man’s Acquittal Raises Concerns Over Misuse of State Laws, Institutions – S4C

Spaces for Change (S4C) has expressed serious concerns about how those in...

Sen. Peter Nwaoboshi dies, Delta Gov. mourns

Sen. Peter Onyelukachukwu Nwaoboshi, who previously represented the Delta North Senatorial District,...

Senate confirms Mohammed, Eyesan as NMDPRA, NUPRC CEOs

The Senate has confirmed the appointments of Saidu Mohammed and Oritsemeyiwa Eyesan...

Breaking: Tinubu presents N58.18trn 2026 budget, earmarks N5.41trn for security

President Bola Tinubu has presented N58.18 trillion 2026 Appropriation Bill to the...

Colleagues’ Intervention Fails as Opeyemi Aiyeola Snubs Jamiu Azeez’s Apology

Nollywood actress Opeyemi Aiyeola has continued to keep her distance from her...

Supreme Court Dismisses INEC’s Appeal Against SDP, Imposes N2m Fine

In a unanimous decision on Friday, the Supreme Court threw out INEC’s...

Tinubu Requests NASS Approval to Extend 2025 Budget to March 2026

To end the overlap of multiple fiscal cycles, President Bola Tinubu has...

Nigeria’s Football Leagues Get Massive Boost with ₦40bln Sponsorship Deal

Nigeria’s domestic football scene is set to receive a major injection of...

160 Suspects Nabbed in FCT’s Latest Crime Crackdown, 300 Cases Recorded

More than 300 crime cases were reported between October and December 2025 in...

Just In: INEC Steps In to Mediate PDP Crisis, Summons Warring Factions

In an effort to broker peace, the Independent National Electoral Commission (INEC)...

Tinubu Approves New Board for NERC, Oseni Takes Helm

President Bola Tinubu has approved the reconstitution of the Board of the...

Alleged Land Document Forgery: Court Remands FCTA Director In Prison

The Director of Lands with the Federal Capital Territory Administration (FCTA), Adamu...

Breaking: FG reopens 47 unity schools

The Federal Government has announced the reopening of the 47 unity schools...

Ambassadors: Senate Confirms Jimoh Ibrahim, ex-Rivers Administrator Ibas, INEC’s Yakubu, Reno, 60 Others

The Senate on Thursday, December 18, confirmed 64 ambassadorial and high commissioner...

NPA Unveils Ambitious Plans for Maritime Growth

The Nigerian Ports Authority (NPA) is gearing up for a major transformation,...

NPA Sees Massive Growth in Export Containers, Cargo Throughput

The Nigerian Ports Authority (NPA) has posted an impressive performance in the...

NDPHC at 20: Shettima Reaffirms FG’s Commitment to Power Sector Reforms

Vice President Kashim Shettima has reiterated the Federal Government’s dedication to modernizing...

ACP Collapses, Dies During Ebonyi Police Meeting

Assistant Commissioner of Police (ACP) Ogbon-Inu Taiwo Popoola, the officer in charge...

Court Grants Ex-Labour Minister Ngige Bail in N2.2bln Contract Fraud Case

Six days after he was remanded in prison custody, a former Minister...

Yuletide: FCT Police deploy 2,000 personnel to secure worship centres, others

No fewer than 2,000 police personnel have been deployed to places of...