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NPA MD Recommit To Broader Investments In Ports’ Devt

Yusuf Babalola by Yusuf Babalola
4 months ago
in Business
Dr Abubakar Dantsoho

Dr Abubakar Dantsoho

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The managing director of the Nigerian Ports Authority(NPA), Dr. Abubakar Dantsoho has expressed the federal government’s commitment to promoting increased investor participation in ports development.

Speaking recently during the Investopedia forum held in Lagos with stakeholders from the United Arab Emirates and Lagos State government, highlighted that steps have been taken to boost the productivity levels of all the nation’s maritime gateways.

The NPA boss however disclosed Nigeria’s readiness to embrace development partnerships.

The NPA MD stated the federal government’s recent moves at making Nigeria a leading ports destination in Africa through modernisation and rehabilitation .

He added that Nigerian ports are investment ready with copious opportunities for productive public private partnerships like the successful venture seen in the Lekki Deep Seaport and others.

According to him, federal government’s modernisation programmes like the National Single Window (NSW) which goes live by end of 2026 first quarter; approvals for ports rehabilitation and truck electronic access are ways the government has demonstrated commitment to the port sector.

The NPA MD also listed approvals given for the commencement of virgin port projects in Badagry, Olokola ,Bonny and others as a demonstration of the Nigerian government readiness to make her ports fertile grounds for local and foreign investors.

Speaking on the African Continental Free Trade Area(AfCFTA), Dr Dantsoho emphasised that modern, resilient ports and integrated logistics systems are essential to unlocking Africa’s trade potential, improving operational efficiency, and enhancing transparency and reliability across maritime and logistics value chains.

He said,the Nigerian Ports Authority (NPA) has reaffirmed the country’s commitment to development and strategic partnerships, as it showcased its vision for resilient, efficient, and future ready port infrastructure at the Investopia Global Lagos Summit.

The strategic panel, themed “Infrastructure & Logistics for Africa’s Next Phase of Trade”, also featured Mohamed Almenhali, regional chief executive officer of Abu Dhabi Ports Group, focusing on port modernisation, corridor connectivity, and deployment of digital trade infrastructure. Tools such as port community systems and the Electronic Truck Monitoring System (e-truck) were highlighted for their role in enhancing efficiency, reducing congestion, and improving compliance in cargo movement from ports to inland depots.

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According to Dantsoho , Nigeria’s size and location position it as West Africa’s trade gateway, supporting the African Continental Free Trade Area (AfCFTA) and providing access to landlocked markets. The NPA MD emphasised the importance of integrated logistics platforms, streamlined customs processes, and coordinated inland depots to improve trade flow and reduce congestion at ports.

The summit builds on momentum from President Bola Ahmed Tinubu’s recent visit to the UAE, during which Nigeria and the UAE signed a Comprehensive Economic Partnership Agreement (CEPA) to deepen cooperation in renewable energy, infrastructure, logistics, and digital trade. President Tinubu’s announcement of Lagos as the co-host city for Investopia reflects Nigeria’s commitment to attracting global capital and translating bilateral agreements into actionable investments.

He underscored that mobilising private capital through bankable projects and credible public-private partnership frameworks, alongside strategic partnerships with global investors like the UAE, will strengthen Nigeria’s supply chains and position the country as a hub for regional and global trade.

He reaffirmed its commitment to advancing port reforms, improving operational efficiency, and promoting sustainable maritime practices, demonstrating Nigeria’s readiness to embrace development and investment that will transform its ports into a driver of regional integration and economic growth.

 

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Yusuf Babalola

Yusuf Babalola

Yusuf Babalola is a Senior Correspondent with Leadership Newspaper, specialising in maritime, aviation, transport, and economic reporting in Nigeria. He is recognised for well-researched stories that illuminate policy developments, industry challenges, and stakeholder perspectives across Nigeria's logistics, shipping, and aviation sectors. His reporting is noted for its clarity, balance, and commitment to professional journalistic standards.

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