Dantsoho: Our Export Processing Terminals, Dedicated Cargo Transit Corridors Designed to Promote Non-Oil Exports, Check Logistics Bottlenecks
Dantsoho
By Our Correspondent
The main target of establishing Export Processing Terminals and Dedicated Cargo Transit Corridors is to promote non-oil exports in the country and check logistics bottlenecks, the Managing Director of Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho has said.
Dantsoho disclosed this while addressing on the occasion of the 40th edition of the Lagos International Trade Fair.
He explained that the current reforms in the ports being carried out by the organization is to ensure ports efficiency in such a way that Nigeria’s competitiveness in global trade is guaranteed.
He explained that the Export Processing Terminals were fashioned to provide one-stop processing, documentation and pre-gating services for export cargo, adding that this will significantly reduce turnaround time and streamlining export operations.
Dantsoho added that that the Authority had also operationalised dedicated transit corridors in collaboration with security and traffic management agencies to ensure seamless movement of export cargo to the ports.
He further explained that the initiatives are designed to improve non-oil export logistics, empower small and medium-scale enterprises (SMEs) to expand their businesses, enhance the competitiveness of Nigerian products in global markets and increase the country’s foreign exchange earnings.
Dantsoho described non-oil exports as a national priority as Nigeria intensifies efforts to diversify its economy, noting the need for the country to move from being predominantly a consuming nation to becoming a manufacturing and exporting powerhouse.
He said that the transformation of the nation’s maritime sector was not accidental but the outcome of purposeful policy execution and strategic leadership.
He noted that the Authority, as the gateway to the Nigerian economy, occupied a strategic position in connecting local businesses with international markets.
On the Authority’s infrastructure development programme, Dantsoho said its $1 billion Port Modernisation Drive was creating significant opportunities for local and international investors to participate in the transformation of Nigeria’s maritime infrastructure.
He identified the rehabilitation and expansion of port infrastructure across Apapa, Tin Can, Calabar, Rivers, Delta and Onne as key areas requiring strategic partnerships and private sector investment.
Other investment opportunities, he said, include the deployment of digital and smart port solutions such as automated gates, Port Community System, Vessel Traffic Management System VTMS, and artificial intelligence-driven logistics.
He also listed the development of dry ports and multimodal logistics infrastructure, including inland container depots, rail-port linkages and cold-chain systems, as areas open to investment.
According to him, green port initiatives, particularly renewable energy, eco-friendly equipment and sustainable waste management, also form part of the modernisation programme in line with global decarbonisation goals.
Dantsoho assured prospective investors that the NPA was committed to maintaining a transparent and business-friendly environment, supported by regulatory stability and attractive returns on investment.
He said the ongoing port modernisation, with the support of the Federal Government and the Ministry of Marine and Blue Economy, would position Nigerian ports for improved efficiency, export-led prosperity and greater global competitiveness.
The NPA chief urged participants, international trade delegations and investors at the Lagos International Trade Fair to explore the investment opportunities available in Nigeria’s Blue Economy.
He said the theme of the 40th edition of the fair, “40 Years of Trade, Growth and Global Connection,” reflected the Authority’s mandate of connecting Nigeria’s domestic enterprises with international markets.
The NPA boss reaffirmed the organisation’s commitment to keeping Nigeria connected to the world through sustained port modernisation, improved trade facilitation and the development of an efficient maritime sector.
The main target of establishing Export Processing Terminals and Dedicated Cargo Transit Corridors is to promote non-oil exports in the country and check logistics bottlenecks, the Managing Director of Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho has said.
Dantsoho disclosed this while addressing on the occasion of the 40th edition of the Lagos International Trade Fair.
He explained that the current reforms in the ports being carried out by the organization is to ensure ports efficiency in such a way that Nigeria’s competitiveness in global trade is guaranteed.
He explained that the Export Processing Terminals were fashioned to provide one-stop processing, documentation and pre-gating services for export cargo, adding that this will significantly reduce turnaround time and streamlining export operations.
Dantsoho added that that the Authority had also operationalised dedicated transit corridors in collaboration with security and traffic management agencies to ensure seamless movement of export cargo to the ports.
He further explained that the initiatives are designed to improve non-oil export logistics, empower small and medium-scale enterprises (SMEs) to expand their businesses, enhance the competitiveness of Nigerian products in global markets and increase the country’s foreign exchange earnings.
Dantsoho described non-oil exports as a national priority as Nigeria intensifies efforts to diversify its economy, noting the need for the country to move from being predominantly a consuming nation to becoming a manufacturing and exporting powerhouse.
He said that the transformation of the nation’s maritime sector was not accidental but the outcome of purposeful policy execution and strategic leadership.
He noted that the Authority, as the gateway to the Nigerian economy, occupied a strategic position in connecting local businesses with international markets.
On the Authority’s infrastructure development programme, Dantsoho said its $1 billion Port Modernisation Drive was creating significant opportunities for local and international investors to participate in the transformation of Nigeria’s maritime infrastructure.
He identified the rehabilitation and expansion of port infrastructure across Apapa, Tin Can, Calabar, Rivers, Delta and Onne as key areas requiring strategic partnerships and private sector investment.
Other investment opportunities, he said, include the deployment of digital and smart port solutions such as automated gates, Port Community System, Vessel Traffic Management System VTMS, and artificial intelligence-driven logistics.
He also listed the development of dry ports and multimodal logistics infrastructure, including inland container depots, rail-port linkages and cold-chain systems, as areas open to investment.
According to him, green port initiatives, particularly renewable energy, eco-friendly equipment and sustainable waste management, also form part of the modernisation programme in line with global decarbonisation goals.
Dantsoho assured prospective investors that the NPA was committed to maintaining a transparent and business-friendly environment, supported by regulatory stability and attractive returns on investment.
He said the ongoing port modernisation, with the support of the Federal Government and the Ministry of Marine and Blue Economy, would position Nigerian ports for improved efficiency, export-led prosperity and greater global competitiveness.
The NPA chief urged participants, international trade delegations and investors at the Lagos International Trade Fair to explore the investment opportunities available in Nigeria’s Blue Economy.
He said the theme of the 40th edition of the fair, “40 Years of Trade, Growth and Global Connection,” reflected the Authority’s mandate of connecting Nigeria’s domestic enterprises with international markets.
The NPA boss reaffirmed the organisation’s commitment to keeping Nigeria connected to the world through sustained port modernisation, improved trade facilitation and the development of an efficient maritime sector.
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