NPA’s Activities Encourage Investments In Deep Seaport Projects

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The Nigerian Ports
Authority (NPA) has said its various activities encouraged investments in the new deep seaports projects in different locations in the country.
Managing Director, NPA, Malam Habib Abdullahi, said this while responding to questions from members of the Senate Committee on Marine Transport at the NPA Headquarters in Lagos.
The Senate Committee Chairman, Hajia Zainab Kure, who led the delegation, was on an oversight function visit to assess the level of operations at the ports.
Abdullahi said that NPA was doing well in terms of competition with ports in the neighbouring West African countries.
“Competition is not as bad as being portrayed and that is why people still show interest in investing in the deep seaports projects,” he said.
Abdullahi said that the proposed Badagry Port was strategically located to take care of the competition around the axis.
The NPA chief executive said that the strategy became necessary as many cargoes still found their ways into the country after being cleared through the neighbouring ports.
He said that the Federal Government’s new import policy had not affected the throughput of containerised cargoes, contrary to speculations.
Abdullahi, however, said that in spite of some challenges, the NPA had been able to develop certain initiatives to boost and sustain its revenue base.
“We have some challenges, no doubt, but we have been able to develop some initiatives like e-payment, to boost our revenue.
“We have also initiated the ICT project for easy interfacing to fast-track our business operations for the benefit of all stakeholders,” he said.
Kure lauded the NPA’s efforts to automate its payment operations and embrace information technology in carrying out its duties, to meet international standards.
She, however, said that the committee’s oversight function was necessary for the approval of the agency’s 2014 budget.
“It is very necessary that we see what we are appropriating before we talk about budget approval.