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

174

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

Bello withdrew $720,000 from state account for his children’s school fees – EFCC Chair Olukoyede

Ex-governor of Kogi State, Mr. Yahaya Bello, withdrew $720,000 from the state...

Just in: EFCC arrests Ex-Aviation Minister Sirika over alleged N8bln fraud

The Economic and Financial Crimes Commission has arrested former Minister of Aviation,...

EFCC to ex-Gov. Bello: We will set aside arrest warrant if you show up in court

“I will personally apply that the arrest warrant be set aside if...

Just in: Again, Dangote further crashes diesel, aviation fuel to N940, N980

Dangote Petroleum Refinery has announced another reduction in diesel and aviation fuel...

Just in: Reps ex-Deputy Speaker Ihedioha quits PDP

The main opposition party, the People’s Democratic Party (PDP), has lost another...

CBN sells fresh dollars to BDCs at N1,021/$ as naira loses steam

The Central Bank of Nigeria (CBN) has issued another circular to Bureau...

Update: Dana Airlines’ Lagos airport incident: Aircraft grounded

The management of Dana Air has confirmed reports that one of its...

NNPC Ltd., joint venture partner, unlock 12,000bpd production from Awoba Unit Field

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its joint venture...

Bullying scandal in Abuja private school stirs condemnation, management reacts

Nigerians have taken to social media over the viral video of a...

Power outages: FG set to unbundle 11 Discos, each state to get its own firm

The Federal Government says it has begun the restructuring and unbundling of...

Breaking: Dana airline crash lands in Lagos 

A Dana airline has crash-landed at the Murtala Muhammed International Airport, Ikeja....

Tinubu departs Abuja for Netherlands, attends economic forum in Saudi Arabia

President Bola Ahmed Tinubu will on Tuesday, April 23, depart Abuja for...

Merge NSCDC, FRSC with Police – IG

The Federal Government should merge the Nigeria Security and Civil Defence Corps...

NDLEA urges Lions Club, other service organizations to join war against illicit drugs

The National Drug Law and Enforcement Agency (NDLEA) has urged service and...

FG begins loan disbursement to businesses, manufacturers

“The Federal Government of Nigeria is proud to announce the operational launch...

Regional counter-terrorism centre for intelligence sharing, operational coordination, a must – Tinubu

President Bola Tinubu made a case on Monday for the establishment of...

Fleeing Binance executive arrested in Kenya, faces extraction to Nigeria this week

Kenyan police authorities have reportedly apprehended Mr. Nadeem Anjarwalla, an executive associated...

Horrific! Babcock varsity law professor shot fatally, two others abducted in Ogun

The gunmen, who killed the lecturer, also abducted two others at the...

Ogun begins sale of rice at discounted prices to workers

Ogun State Government has commenced sale of rice to its workforce as...