Maritime
Onne Terminal Expansion Project Ready, August
The phase four of the Federal Ocean Terminal (FOT) expansion project in Onne, Rivers State would be completed in August this year.
The Managing Director of Nigeria Ports Authority (NPA), Mallam Habib Abdullahi disclosed this at the inspection of the multi-billion naira port expansion project by the Good Governance Tour team led by Minister of Information, Mr Labaran Maku to Onne port recently.
Represented by the Executive Director, Finance and Administration, Mr Olumide Oduntan and the General Manager, Capital Projects, Engr Rufai Mohammed, the Managing Director noted that the expansion was in respect of the increasing cargo traffic to the port.
The Managing Director said the expansion project is for beths 9, 10 and 11, spanning on 820 metres of land, adding that the new facility would have a depth of 12 metres.
He disclosed that the phase four expansion project would include the 4.5 kilometre road network, a 600 cubic metre water capacity treatment plant, which according to him, would be connected to eight bore-holes in the area, to help in fire-fighting.
The project under the Public Private Partnership (PPP) concept would give Intels that is funding the project, an opportunity on Build, Operate and Transfer (BOT) to manage the port for 20 years and recover its money spent.
While also briefing the team, the Permanent Secretary, Federal Ministry of Transport, Engr Bebollisa Emodi said that the Federal Executive Council (FEC) had given approval for the project which is being funded by Intels and that it is on Build, Operate and Transfer (BOT) for 20 years.
In his reaction, the leader of the team and Information Minister, Mr Labaran Maku commended the management of NPA for the project, saying it is a positive and commendable response to the pressure on Lagos Ports, and acknowledged that the future of port services is deep sea port.
Mr Maku disclosed that government was developing deep sea ports in other ports of the country like in Lekki in Lagos and Ibeka in Akwa-Ibom State.
He said government was seeking investors to take advantage of the opportunity and patronise the port.
It was gathered that the expansion project would cost US $370 million.
Maritime
NPA Targets Export Reforms, Digital Integration To Harness Abuja’s Trade Potentials
Speaking at the “NPA Special Day” of the ongoing Abuja International Trade Fair, Dantsoho stressed that the capital’s position at the centre of the country makes it strategic for connecting local producers in the non-oil value chain to international markets.
Dantsoho said “As Nigeria’s foremost trade facilitation platform, the authority is always proud to be associated with the noble cause the Abuja International Trade Fair represents, especially as trade remains the most veritable tool for actualising most of Nigeria’s economic aspirations”.
The NPA MD noted that in line with the agency’s commitment to support the Federal Government’s non-oil revenue drive, it had established Export Processing Terminals, EPTs, to streamline the previously burdensome export process.
He explained that the EPTs serve as one-stop shops for cargo consolidation, documentation, packaging, certification, and shipment, eliminating duplication and delays that previously rendered Nigerian goods uncompetitive.
“To facilitate port–hinterland connectivity and create pathways for Small and Medium Enterprises (SMEs) to play in the export value chain, the EPTs have been structured to integrate seamlessly with Domestic Export Warehouses (DEWs) in synergy with the Nigerian Export Promotion Council (NEPC) and Inland Dry Ports,” Mr Dantsoho added.
Dantsoho also revealed that the NPA is unifying its operations into a single digital transaction gateway known as the Ports Community System, PCS.
He said the PCS provides the groundwork for the implementation of the National Single Window, NSW, a global best practice platform that links all trade value chain stakeholders for real-time, seamless interaction at the push of a button.
“To align with the Federal Government’s economic stabilization efforts and the fair’s theme, ‘Sustainability: Consumption, Incentives and Taxation,’ we are harmonising our operational channels into PCS, which sustainably eliminates opacity and undue delays associated with human interference,” he said.
According to him, this digital integration will connect value creators in Nigeria’s remotest hinterlands with demand clusters across the globe.
Open Doors to Partnerships
Dantsoho assured investors, traders, and exporters that the NPA remains open to partnerships beyond the trade fair.
He encouraged stakeholders to explore the authority’s growth offerings through its fully interactive website, www.nigerianports.gov.ng, designed to provide real-time services to users across the world.”
Maritime
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Maritime
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