By Newsshelve Correspondent.
The Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has projected a 30 per cent increase in trade volume by 2030.
This projection is part of the NPA’s strategic plan to drive growth and sustainability in the maritime sector, aligning with the “Renewed Hope Agenda”.
Speaking at a National Conference organised by the Association of Maritime Journalists of Nigeria (AMJON) in Lagos, Dr Dantsoho highlighted the vast investment opportunities in Nigeria’s blue economy.
These opportunities include the development of inland waterways, expansion of port infrastructure, and maritime technology solutions.
The NPA chief described the blue economy as a pivotal driver of sustainable development, disclosing that the government has created an enabling environment for investments through policy reforms, incentives, and partnerships with international organisations.
The blue economy refers to the sustainable use of ocean resources for economic growth, improved livelihoods, and job creation while preserving the health of ocean ecosystems.
Nigeria’s 853-kilometer coastline and extensive inland waterways position the nation uniquely to harness these resources for economic diversification.
Dr Dantsoho revealed that the NPA has embarked on several transformative initiatives, including significant investments in port infrastructural development.
These investments are aimed at enhancing infrastructure and streamlining operations at Apapa, Tin Can Island, Onne, and Warri ports.
The operationalisation of the Lekki Deep Seaport in 2024 and the ongoing construction of the Badagry Deep Seaport are also expected to accommodate Post-Panamax vessels.
These advancements are bolstered by strategic public-private partnerships (PPPs) aimed at enhancing infrastructure and streamlining operations.
The sector’s embrace of technology, through initiatives like the Revenue Invoice Management System (RIMS) and the ETO Call-Up System, addresses perennial issues such as congestion.
Environmental sustainability measures, including waste management systems, ensure compliance with global standards.
Robust capacity-building programmes are also equipping port personnel with the skills needed to uphold international best practices.
This is expected to solidify Nigeria’s position as a critical player in regional and global trade.
Dr Dantsoho acknowledged challenges such as infrastructure deficits, inadequate funding, and security concerns.
However, he detailed strategies to address these issues, including accelerated infrastructural investments, strengthened maritime security through global partnerships, and policy reforms.
Dr Dantsoho called for collaboration and innovation in the maritime sector, reassuring of the NPA’s commitment to driving Nigeria’s blue economy forward.
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