• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 24, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

FG To Make Nigeria Ports Transshipment Hub Of Africa Sub-region

by George Okojie
6 months ago
in Business
nigeria port
Share on WhatsAppShare on FacebookShare on XTelegram

The minister of Marine and Blue Economy, Adegboyega Oyetola on Thursday disclosed that the primary objective behind modernisation of the nation’s ports is to ensure that they become a transshipment hub in Africa sub-region.

Advertisement

The minister who stated this at an interactive session with members of the Nigerian Guild of Editors (NGE) in Lagos said the Federal Executive Council last week approved the award of contract for the modernisation of the Western Ports (Lagos Port Complex, Apapa & Tin-Can Island Port Complex, Apapa with a completion period of 48 months.

Oyetola said, ‘’ The modernisation of seaports remains a top priority of this administration. The procurement process for the modernisation of the Eastern Ports is being fast tracked. The goal is to ensure that our port system collectively becomes the transshipment hub for the sub-region. When the modernisation is completed, the draft of our port will be 16 – 17 meters. It is currently 12 – 13 meters. This will allow bigger vessels to berth and reverse the revenue loss to neighbouring ports of Tema, Lome and Cotonou. These port rehabilitation projects by NPA, are expected to generate over 20,000 jobs.’’

The minister said to bridge the infrastructure gap, the ministry is promoting Public-Private Partnership (PPP) to attract private-sector investment in port modernization, channel dredging, automation, inland waterways development, ferry/cruise services, cargo handling equipment deployment, terminal operations, and technological innovation.

‘’Additionally, we are extending necessary support to private investors to encourage participation in greenfield port projects such as Badagry, Ilaje, Olokola, Agge, Ibaka, Burutu, Snake Island, Bakassi, Deep Sea Ports as well as the development of river ports and jetties across the country.’

RELATED

Passengers Face Flight Delay As Multiple Bird Strikes Hit Air Peace Aircraft

4 Months To Yuletide: Air Peace, United Nigeria Jack Return Tickets To N677,000

6 hours ago
Equities’ Investors Lose N201bn W-o-W Amid Post-MPC Rebalancing

Broad-based Selloffs Deepen Market Losses By N2.29trn W-o-W

6 hours ago
ADVERTISEMENT

According to him, Inland Dry Ports are being developed across the country to enhance trade facilitation, explaining that the ports serve as cargo handling and clearance hubs, improving logistics efficiency and easing access to international markets.

Still dwelling on the achievements recorded by the current administration, he said the Funtua Dry Port in Katsina State was commissioned, adding that similar facilities in Kano and Kaduna are already supporting trade operations.

‘’Dry port development in Abia, Plateau, and Borno states are at various stages of development, to further strengthen the nation’s trade infrastructure. Additional dry ports in Oyo, Ogun and other states are planned.

ADVERTISEMENT

‘’The ministry is working closely with the Federal Ministry of Transportation and Federal Ministry of Works to rehabilitate internal access roads and improve port connectivity, reducing congestion and transit time. Furthermore, we are leveraging on the Lagos-Calabar Coastal Highway to drive blue tourism, support fisheries industries, promote eco-tourism.’’

Harping on port operational efficiency, the minister said the government is implementing the National Single Window (NSW) project.

‘’To further enhance trade facilitation. This digital platform will streamline trade compliance processes, link ports with relevant government agencies and stakeholders and create a seamless, efficient system. To complement this NSW, the Ministry and NPA are finalising the Port Community System, an electronic platform to centralise and automate processes among stakeholders in port services. Mr. President has provided the political will and support for the take-off of the project, which holds the capacity to increase cargo dwell time at the Nigerian Seaports. The Port Community System (PCS), will serve as a One Stop Shop for all the stakeholders in the Port System.

‘’It is part of the digitalisation of port processes and operations. NPA is working hard to institute the PCS. The Ministry has initiated consultations to reduce the number of agencies at the seaports to a maximum of seven. This is to fast-track port processes and improve ease of doing business.’’

He said the ministry, through NPA is driving an agenda to deploy technology at the ports for enhance operational efficiency, saying the initiative includes the deployment of scanners by the Nigeria Customs Service to improve transparency at the ports; Vessel Tracking System; E-Regulatory Process Portal; International Cargo Tracking Note to boost revenue and guarantee security; and Truck Call Up System to reduce traffic congestion. All these initiatives are propelled by inter agency collaboration.

He added that fisheries and aquaculture is central to the vision of the ministry to grow Nigeria’s blue economy sector, saying the ministry’s strategic focus is to upscale fish production in a sustainable manner, tapping into the full spectrum of the nation’s marine resources.

In his remark, the president of Nigerian Guild Of Editors (NGE), Eze Anaba said the interactive session was carefully designed to foster mutual understanding between the media and the Federal Ministry of Marine and Blue Economy.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Adegboyega Oyetola
SendShare10176Tweet6360Share
ADVERTISEMENT
Previous Post

Terminal Operator, Shipping Firm Launch Direct Shipping Service To Onne Port

Next Post

CPPE Urges Govt To Enhance Backward Integration, Export Devt

George Okojie

George Okojie

You May Like

Passengers Face Flight Delay As Multiple Bird Strikes Hit Air Peace Aircraft
Business

4 Months To Yuletide: Air Peace, United Nigeria Jack Return Tickets To N677,000

2025/08/24
Equities’ Investors Lose N201bn W-o-W Amid Post-MPC Rebalancing
Business

Broad-based Selloffs Deepen Market Losses By N2.29trn W-o-W

2025/08/24
Presco Records N58.6bn Pre-tax Profit In Q1
Business

Presco’s Shareholders Approve N26.3bn Dividend

2025/08/24
Nigeria Leads Africa In Stablecoin Adoption with $22bn In Transactions
Business

Nigeria Leads Africa In Stablecoin Adoption with $22bn In Transactions

2025/08/24
Experts Advocate Strong Partnership, Intervention Models To Accelerate Shift To Renewable Energy
Business

Experts Advocate Strong Partnership, Intervention Models To Accelerate Shift To Renewable Energy

2025/08/24
FCMB Partners Leading Real Estate Firms On Affordable Housing
Business

FCMB Group Proposes Equity Capital Raise

2025/08/24
Leadership Conference advertisement

LATEST

Yobe Varsity Student Dies, 4 Others Injured In Fatal Accident

IAWPA Set To Observe UN International Day Of Police Cooperation In Abuja

6 Die, 19 Rescued, 3 Missing In Fresh Sokoto Boat Mishap

Oyo Gov’t Denies Closure Of Gbagi Market In Ibadan

Electoral Reform: Yiaga Africa Advocates Stripping President Power To Appoint INEC Chair

Police Bust Drug Cartel, Arrest 4 Suspects In Akwa Ibom

Nigeria Police Deport Wanted Chinese Gang Leader

Igboho Apologises To Alaafin Over Comment At Ooni’s Palace

Anambra’s Nonye Soludo Wins ‘Humanitarian First Lady’ Award 2025

Wang Yi’s Visit To Delhi Signals Strategic autonomy to US

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.