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NPA Seeks Improve Trade Relationship With Miami Ports

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Leadership Nigeria News Today

By YUSUF BABALOLA, Lagos
Managing director of the Nigerian Ports Authority (NPA), Ms Hadiza Bala Usman has sought to improve trade relationship between both Nigerian ports and Miami port, Florida in United States of America.
This was even as the managing director assured international communities of the authority’s will to activate the instrumentality of the federal government policy on the ease of doing business at the nation’s seaport. She disclosed this yesterday at the stakeholders meeting with the business delegation from Miami Dade’s County, USA.
The trade forum was organised for the promotion of bilateral economic ties between Nigeria and the trade delegation from Miami Dade’s office of economic development and international trade.
Ms Usman who was represented by the executive director, Engineering and Technical Services, Prof. Abubakar Idris said NPA signed Memorandum of Understanding (MoU) with port of Miami-dam, Florida in 2001.
He said, “It may interest you to note that the NPA in 2011 signed a MoU with port of Miami -Dade, Florida to use its normal process to promote the relationship and advantages of doing business as sister seaports.
“Nigeria is just emerging from the worst recession it had ever faced in 20 years. We learnt very valuable lessons from this experience. Most important among the lessons is that we can develop our inherent potentials and improve our fortunes. We are optimistic that with the economy fast picking up its pace, our trade relations will also improve international greater measure.
“The strategic economic importance of Nigeria as a Trade destination and its ports in the African region is well known.” Recalling Nigeria trade relationship with the United States, she said, “Nigeria commercial Relations with the USA dates back over several years.
She said, “As at 2015, Nigeria was USA 60th largest goods trading partner with $5.3 billion in total (two ways). Exports total $3.4billion good imports total $1.9 billion. The US goods trade surplus with Nigeria was $1.5 billion.”



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