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BPE Decries Non-Passage Of Ports, NTC Bills

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The Bureau of Public Enterprises (BPE) has said that the non-passage of Ports and Harbour Bill, the National Transport Commission Bill and other bills has rendered some critical aspects of port reform ineffective.
The Acting Director-General of the BPE, Dr Vincent Akpotaire, said this in a paper titled: “Port Reform, Objectives, Benefits and Challenges’’, presented at a two-day retreat  in Lagos, Saturday.
The retreat was organised by the House Committee on Ports, Harbour and Waterways, the Federal Ministry of Transportation and its agencies. Akpotaire said the Ports and Harbour Act was meant to strengthen the NPA to perform its role of landlord and technical regulator.
According to him, the National Transport Commission Act will establish a commission as the economic regulator for all the transport modes except aviation.
Akpotaire said that the speedy passage of the port reform bills was necessary to establish an efficient, strong legal and regulatory framework to ensure fairness and protect the interest of all port operators.
He, however, said the assessment of the BPE was that an appreciable level of success had been achieved in all the anticipated areas of port concession in the last 10 years.
According to him, the concessionaires had invested in both cargo handling equipment and upgrade of facilities.
“Operators had secured their terminals in line with the International Ship and Port Facility Security (ISPS) Code.
“Improved operational efficiency has been recorded in our ports.
“ Ship waiting time reduced from 21-24 days to o-24 hours.
“Average Ship turn around time reduced from 12 days to about 4 days.
“Average dwelling time of containers reduced from over 30 days to les then 10 days./
“Average container moves per hour increased from 7 TEUs (20 ft container)  to 19 TEUs (20 ft container)
“There is improved berth occupancy rate and reduced number of government agencies,’’ Akpotaire said.
The BPE chief said government generated N6.03 million dollars from concession fees, entry fees and projected throughput fees in 10 years.
He said the NPA had been unable to meet its contractual obligation of dredging the channels and berths to advertised drafts.
“The NPA has through its outsourcing channels management recorded considerable achievements in improving navigability of the channels,’’ Akpotaire said.
He said that then presence of wrecks and other obstructions in the berths and along port approaches had resulted in low patronage of the affected terminals.
Akpotaire also mentioned non-functional rail access and congested road access as contributing to high transport fare and congestion at the ports.
“The directive to reduce the number of government agencies at port is still not fully enforced in spite of efforts by the  Nigerian Shippers’ Council and Nigeria Customs Service  (NCS),’’ NAN quotes him as saying.
He also talked about inconsistent government policies on international trade and other aspects of ports administration which were threatening the full realisation of the objectives of port reform.
According to him, the Central Bank of Nigeria policy of foreign exchange has negatively affected the ability of terminal operators to source necessary funds to either meet the financial obligations to NPA  and other government agencies of for other developmental purposes.
“High vulnerability of the terminal waterfront resulting in attacks by hoodlums and pirates on the facilities and vessels berthed at the jetties.
“No proper coordination between various agencies operating within the ports and even between tiers of governments.
“There is absence of effective linkage among the various modes of transportation,’’ Akpotaire said.
He, however, said there was need for develop new ports based on a master plan for port development believed to have been developed by NPA.

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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