HighlightTrending Story

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

635

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

NNPC Ltd. hosts NSC boss, pledges support for revitalization of Nigerian football

In a significant move to boost Nigerian football, the Nigerian National Petroleum...

Nigerian youths essential to repositioning Africa, says VP Shettima

Vice President Kashim Shettima has reaffirmed the federal government’s commitment to youth...

Just in: Simon Ekpa ‘ll be extradited to Nigeria to face charges – Defence Headquarters

The Nigerian Defence Headquarters, Abuja, has announced plans to extradite Simon Ekpa,...

NPA’s CEO Dantsoho Makes History as First Nigerian Chairman of PMAWCA

In a groundbreaking achievement, Dr. Abubakar Dantsoho, Managing Director of the Nigerian...

Save for rainy day, Federal Accountant General urges state govts, emphasizes transparency, accountability

In a bid to ensure financial stability during adverse situations and economic...

Sacked UNIZIK VC Odoh to Tinubu: You can’t fire me through press release

Sacked Vice-Chancellor of Nnamdi Azikiwe University (UNIZIK), in Awka, Anambra State, Prof....

UBA to empower MSME’s with wealth management strategies at its ‘Built to Last’ series

As part of its commitment to deepen the growth and sustainability of...

Olopade assumes office as NSC DG, promises new lease of life for Nigerian sports

Bukola Olopade had assumed office as the Director General of the resuscitated...

Amid High Inflation Rate, IMF Pledges Support for Nigeria’s Economic Reforms

International Monetary Fund (IMF) President Kristalina Georgieva and her team met with...

Nigeria’s Super Falcons Ajibade, Nnadozie, Nominated for 2024 CAF Women’s Player of the Year

The Confederation of African Football (CAF) has announced the nominees for the...

Just in: FG announces reshuffle of governing councils at FUOYE, Kogi varsity

The Federal Government has made changes to the governing councils of Federal...

Exclusive: Eguavoen Opens Up on Declining NFF Contract Extension, Reveals Reasons

Super Eagles Coach, Austin Eguavoen, has revealed why he declined the Nigeria...

Boost for Nigeria’s Oil Production As NNPC’s Utapate Crude Grade Hits Global Oil Market

In a major boost for Nigeria’s crude oil production, revenue generation, and...

Just in: FG sacks varsity Pro-Chancellor for misconduct

The Minister of Education, Dr. Tunji Alausa, has announced the removal of...

Just in: INEC presents Certificates of Return to Ondo Gov. Aiyedatiwa, deputy

The Independent National Electoral Commission (INEC) has presented Certificates of Return to...

Breaking: Senate sacks Danladi Umar, Code of Conduct Tribunal chairman  

Following proven allegations of gross misconduct and unacceptable behaviour, the Senate on...

Just in: South Africa takes over G20 Presidency from Brazil, first African nation to lead the bloc

South Africa has taken over the presidency of the G20 from Brazil,...

Tinubu submits 3 INEC REC, federal commissioner-nominees for Senate’s approval

President Bola Tinubu has sent the name of Ondo Resident Electoral Commissioner,...

Just in: After a night in custody, DSS in Ogun releases Ladi Adebutu

Mr. Ladi Adebutu, the 2023 People’s Democratic Party (PDP) governorship candidate in...