The Managing Director of the Nigerian Ports Authority, Abubakar Dantsoho, has said that Nigerian ports can solely keep aggressive by redoubling their investments.
In an announcement on Thursday, Dantsoho disclosed this when he undertook an operational and funding tour of the Onne and Rivers Port Complexes.
This transfer based on Dantsoho, was in continuation of his resolve to impress port concessionaires and terminal operators into growing their in-country investments in port infrastructure gear.
He stated that the go to which got here weeks after the tour of Lagos Ports of Apapa and Tincan, signposts his administration’s readiness to deepen Nigeria’s competitiveness in vessel and cargo site visitors to match the wants of Nigeria’s enormous inhabitants of over 200 million individuals.
Talking throughout the tour, Dantsoho harassed that with the quantum of investments Nigeria’s maritime neighbours, particularly alongside the West & Central African Coast are attracting.
He said, “We will solely keep aggressive if we redouble our funding drive to offer requisite infrastructure and gear to draw the sizes of vessels that scale up our cargo throughput to adequately serve our enormous inhabitants.”
He added that NPA has the mandate of the Minister of Marine & Blue Economic system, Adegboyega Oyetola, to create the enablers for elevated funding, and “we’re poised to do exactly that.”
He urged traders to take most benefit of the investor-friendly ambiance within the nation to infuse higher funding assuring them of assured return on funding.
“The fact of Nigerian Ports processing 2 million containers of cargo to service a inhabitants of over 200 million is an anomaly that must be urgently addressed via deployment of giant investments,” he reiterated.
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