HighlightTrending Story

NPA set to commence full automation, cargo tracking — Minister Oyetola

709

In a bid to promote port efficiency and ease of doing business, the Nigerian Ports Authority (NPA) will soon commence the implementation of full automation and cargo tracking across the various ports in the country, the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has disclosed.

Oyetola made the disclosure when he received renowned entrepreneur and sustainability expert, Prof.. Gunter Pauli, who is on a three-day visit to Nigeria.

Pauli’s visit was facilitated by his partners in Nigeria — Premium Blue Economy Innovation and Investment (PBEI& I).

The minister said the federal government is interested in partnering with relevant stakeholders under the Public-Private- Partnership (PPP) arrangement to maximize and explore the resources of the ocean sector for rapid economic development, improve the livelihood of its people, create jobs as well and preserve the health of the ecosystem.

Oyetola also said the Federal Government is keen on the diversification of the Nigerian economy away from the oil industry, hence the creation of the new Ministry of Marine and Blue Economy.

He said: “Again, we are going to be talking about automation of ports to make them more efficient. I would like to tell you that in another two years, it will all change. We are bringing in automation and cargo tracking as we are working on that for implementation.

“Seventy percent of the resources that are available actually comes from the ocean, and we have it in abundance here.

“I believe in the Public Private Partnership arrangement. The government will create an enabling environment for businesses to thrive and our concept in dealing with these, is purely in PPP, and I see quite a lot of opportunities there.”

Speaking further, Oyetola noted that the Nigerian waterways have enjoyed adequate security with no single incidence of piracy for the past two years, as he called on investors to take advantage of the opportunities and partner with the newly created Ministry to drive development.

“We have sufficient control of our ocean in terms of security and there has been nothing like piracy in our ocean. So, the fear of investors about the safety of their investments is out of it now.”

Earlier, Prof. Pauli, said his team was in Nigeria to partner with the Ministry on commercial and technological innovations and job creation around the sector.

He expressed the conviction that his partnership with the Ministry would attract foreign and local investments that would create a lot of opportunities for the Nigerian youths.

Present at the event was the Permanent Secretary, Federal Ministry of Transportation/Marine and Blue Economy, Dr. Magdalene Ajani, Directors and heads of parastatals in the ministry and other senior management staff.

Leave a comment

Related Articles

Osun LG polls: We ‘II make certified results available to those interested soon – OSSIEC boss

With the 30 chairmanship and 332 councillorship seats in all the local...

Tinubu Kicks Off Lagos-Ibadan-Sagamu Expressway Reconstruction

President Bola Tinubu in Saturday flagged off the reconstruction and expansion of...

Gunners’ Title Dreams Dented as West Ham Secure Hard-Fought 1-0 Victory

Arsenal’s Premier League title aspirations suffered a significant setback after a 1-0...

Breaking: Osun Council Polls: PDP Secures Landslide Victory, Clinches All Chairmanship, Councillorship Seats

The People’s Democratic Party (PDP) has won all the chairmanship and councillorship...

Breaking: Osun council poll: Police disrupt exercise, seal off OSSIEC

The Chairman of the Osun State Independent Electoral Commission, Mr. Hashim Abioye,...

Just in: Gov. Adeleke casts his vote as Osun LG poll kicks off

Amidst controversy and opposition from some quarters, Osun State Governor Ademola Adeleke...

Police defy court order, call for suspension of Feb. 22 Osun council polls

In spite of a court order directing the conduct of council polls...

31 new states’ requests fall short of constitutional requirements – Deputy Speaker Kalu

Amidst the ongoing debate on the requests for creation of 31 new...

Just in: Court orders OSSIEC to conduct Osun LG Polls

Justice Adeyinka Aderibigbe of the Osun State High Court has ruled that...

Just in: Court orders final forfeiture of $4.7m, N830m, properties linked to Emefiele

In a significant ruling, Justice Yellim Bogoro of the Federal High Court...

Just in: Some parts of Abuja to experience 7-hour power outage – TCN

Abuja’s prolonged power outage persists, with the Transmission Company of Nigeria (TCN)...

ECOWAS, UN Joint Mission to Support Peace Efforts in Guinea Bissau

A joint mission of ECOWAS and the UN Office for West Africa...

Afenifere slams IBB’s belated admission on Abiola’s June 12, 1993 election victory as hollow, too little, too late

Unimpressed by ex-Head of State Ibrahim Babangida’s admission that the late Chief...

NFF Suspends Two Referees Over Controversial Penalty Decision

The Nigeria Football Federation (NFF) has suspended two referees, Ayeni Ridwan Olatunji...

Nigeria’s oil rig count to hit 50 in March to achieve 2 million bpd target, says NUPRC Boss Komolafe

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the country’s...

Tinubu hails IBB’s courage, patriotism for acknowledging Abiola’s 1993 election win

President Bola Tinubu has lauded what he called former military Head of...

VP Shettima Unveils Ambitious ‘Nutrition 774 Initiative’ to Combat Malnutrition in 774 Council Areas

Nigeria’s Vice President, Sen. Kashim Shettima, has urged state governors, ministers, local...

Fire at Cawthorne Channel 1 Barges: NNPCL Emergency Team Swiftly Contains Outbreak, No Casualties

A swift response by the Nigerian National Petroleum Company Limited (NNPCL) emergency...

NFF Sets Deadlines for Federation Cup Finals, CAF C-Licence Course

The Nigeria Football Federation (NFF) has issued a firm directive requesting all...

Nigeria’s Central Bank Holds Interest Rate Steady at 27.50%

The Central Bank of Nigeria (CBN) has decided to hold all parameters...