Business
NPA Reaffirms Commitment To Revenue Drive
The Nigerian Ports Authority
(NPA), has reassured the Federal Government that the agency is positioned to turn around the fortunes and gains of the economy aside the oil and gas sector, saying that the sector can be second to none in foreign exchange earnings for the federal government.
Managing Director of NPA, Mallam Habib Abdullahi gave the assertion recently at a two-day event put together by Maritime Correspondents Organisation of Nigeria (MARCON) in Lagos.
Habib, who was represented by the General Manager, Public Affairs, NPA, Captain Iheanacho Ebubuogu explained that ports efficiency as a catalyst for economic growth is germane to the federal government’s drive for economic revival through non-oil revenue resources.
“It is envisaged that with the recovery of global economy and the stimulation of Nigeria industries and consequent exports, the Nigerian ports will be poised to catalyse the economic growth of Nigeria, and be second to none in foreign exchange contribution to the federal government’s coffers” the MD stated.
According to him, the agency has continually made efforts to re-position the organisation in line with global trends and in order to enhance the growth of the nation’s economy, pointing out that the federal government of Nigeria embarked on a comprehensive port industry reform initiative for better performance.
“The desire was to build a robust and responsive economy that will have the private sector as its back bone”.
Nkpemenyie McDominic, Lagos