Dr. Abubakar Dantsoho
News From MDA'STop Story

NPA set to link export processing terminals with domestic export warehouses

"Dantsoho noted that EPTs, established in partnership with the Nigerian Export Promotion Council (NEPC), aim to simplify Nigeria's export process by providing a one-stop-shop for packaging, certification, and stuffing of export-bound cargo"

611

The Nigerian Ports Authority (NPA) has unveiled plans to connect Export Processing Terminals (EPTs) with Domestic Export Warehouses (DEWs) to enhance port-hinterland connectivity and create opportunities for Small and Medium Scale Enterprises (SMEs).

Dr. Abubakar Dantsoho, the Managing Director of NPA, disclosed this development at the 2024 Lagos International Trade Fair.

Dantsoho noted that EPTs, established in partnership with the Nigerian Export Promotion Council (NEPC), aim to simplify Nigeria’s export process by providing a one-stop shop for packaging, certifying, and stuffing export-bound cargo.

“As some of us are aware, in our bid to contribute to the strengthening of the domestic economy through the promotion of balance of trade, we established the Export Process Terminals (EPTs) to simplify the hitherto burdensome process of exporting Nigerian goods.

“The EPTs were conceptualized in partnership with the Nigerian Exports Promotion Council (NEPC) to serve as a one-stop-shop for the stuffing, packaging, and certification of export-bound cargo in quick turnaround time by eliminating the duplications and bureaucratic overlaps that previously rendered Nigerian exports uncompetitive in the international marketplace.

“To facilitate Port-Hinterland connectivity and create pathways for Small and Medium Scale Enterprises (SMEs) to play in the value chain, the EPTs are to be linked with Domestic Export Warehouses (DEWs) in synergy with the NEPC and relevant partners,” Persecondnews quotes Dantsoho as saying.

He said the NPA is aggressively pursuing full automation of the nation’s processes and procedures through the Ports Community System (PCS), laying the groundwork for the implementation of the National Single Window (NSW).

The NSW is a global strategy that connects stakeholders in the trade value chain for seamless interaction, delivering value with ease.

The NPA’s plan aligns with the Federal Government’s focus on ease of doing business, with the aim of promoting balanced trade and strengthening the domestic economy.

Dantsoho emphasized that the theme of the 2024 trade fair, “Connecting Businesses, Creating Value,” “resonates with the NPA’s corporate aspirations as a business-enabling agency.”

Persecondnews reports that NPA has already made significant strides in promoting non-oil exports, with the designation of the Lilypond Terminal as a specialized processing and handling facility for locally made finished and agricultural goods.

This move is expected to ease bureaucratic and logistical bottlenecks faced by exporters.

The authority’s efforts to enhance port-hinterland connectivity and promote SMEs are crucial for Nigeria’s economic growth.

With the country’s non-oil exports reaching $2.6 billion in the first half of 2022, the NPA’s initiatives are both timely and necessary to sustain this momentum.

Leave a comment

Related Articles

Just in: FG sacks Nnamdi Azikiwe University VC

The Vice-Chancellor of Nnamdi Azikiwe University, Awka, Anambra State, Prof. Bernard Odoh,...

Senate raises alarm over fresh terrorists’ invasion from Mali, Burkina Faso, urges FG’s action 

Upset by the invasion of terrorists known as Lakurawa into Northern Nigeria...

Boko Haram/ISWAP terrorists’ ambush: Defence HQ confirms killing of 5 soldiers in Borno

The Defence Headquarters has confirmed that Boko Haram/ISWAP terrorists ambushed troops conducting...

Tinubu writes NASS for approval of $2.2bln fresh external loan

President Bola Tinubu has written to the National Assembly, seeking the approval...

NNPC Ltd’s spokesman, Soneye, explains delay in Port Harcourt Refinery rehabilitation, assures of imminent completion

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has acknowledged the challenges...

AFCON Qualifier: Nigeria’s Super Eagles Suffer Shocking 2-1 Loss to Rwanda

Nigeria’s Super Eagles concluded their Africa Cup of Nations Group D qualifiers...

Tax reform bills: Nigeria struggling with tax-to-GDP ratio below World Bank’s 15 % benchmark – Speaker Abbas

Mr. Tajudeen Abbas, the Speaker of the House of Representatives, has expressed...

Just in: Again, Anambra sit-at-home claims four vigilance operatives, motorcyclist

Gunmen enforcing Monday’s sit-at-home order in Anambra State launched a deadly attack,...

Tinubu departs Abuja for G20 leaders’ summit in Brazil

President Bola Tinubu will depart Abuja for Rio de Janeiro, Brazil, on...

Breaking: APC’s Aiyedatiwa in landslide victory, wins all 18 LGAs in Ondo guber poll

The All Progressives Congress Candidate, Gov. Lucky Aiyedatiwa, has swept the 2024...

Ondo guber poll: Aiyedatiwa votes, says exercise peaceful, PDP raises alarm over thugs invasion

As the Ondo State governorship election kicks off on Saturday, Gov. Lucky...

Late COAS Lagbaja buried in Abuja amid tears, tributes

Amid tears and tributes, the body of the late Chief of Army...

Tinubu appoints Daniel Bwala, Atiku’s ex-spokesman as Special Adviser on Media, three DGs

President Bola Tinubu has appointed Daniel Bwala, the Special Adviser on Media...

Just in: Body of late COAS Lagbaja arrives in Abuja ahead of Friday burial

The body of the late Chief of Army Staff, Lt.-Gen. Taoreed Lagbaja,...

Tinubu Presides Over Crucial FEC Meeting to Unveil 2025 Budget Plans

The much-anticipated meeting of the Federal Executive Council (FEC) is underway with...

Breaking: NNPC Ltd. achieves milestone oil production of 1.8 mbpd

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a significant...

$1m blackmail plot against ex-NPA boss, Bello-Koko: Fake EFCC officials busted, arraigned

The Economic and Financial Crimes Commission (EFCC) has arraigned two alleged members...

Gunmen kill two soldiers in Abia checkpoint attack

Gunmen attacked an army checkpoint in Ekenobizi, a border community between Abia...

Nigeria Customs Service Exceeds 2024 Revenue Target, Rakes in N5.7trn

The Nigeria Customs Service (NCS) has announced a remarkable revenue generation of...

Nigeria’s Domestic Debt Reaches N66.957trn in H1 2024

Nigeria’s domestic debt stock has surged to N66.957 trillion in the first...