Secured ports will attract investors – NPA MD

An enhanced security profile at the port would attract sustained investments to the sector and put the country in line with the dictates of International Maritime Organisation IMO)’s regulations SOLAS and ISPS code.
The Managing Director of Nigerian Ports Authority, (NPA) Hadiza Bala Usman stated this in Lagos while speaking at the 2017 NIMPORT Annual Maritime Conference at the Oriental Hotels.
The Managing Director said the collaboration of the NPA with other relevant establishments and foreign firms was geared towards increased bilateral trade ties for mutual benefits.
Usman, who was represented by the Assistant General Manager Commercial and Ports Promotion, Mallam Abdulrahman Lamina, added that technology transfer and information sharing would assist in the standardization of products for international market as the Single Window would enhance swift clearance of goods in the ports.
“Government efforts in achieving single window Operations is to enhance swift clearance of goods which would help to encourage the growth of businesses within the ports industry,” according to her.
Usman informed stockholders that the Federal Government is working towards the deployment of top grade technologies and automation such as the command, Control and Communication and Intelligence Unit (CCCI) and the Revenue Invoicing Management System (RIM) series which would ensure quick financial transactions and the blocking of revenue leakages at the Ports.
These, she said, would help enact a greater enabling environment in attracting Foreign Direct Investments (FDIS) and developing sustainable trade relations with nations, would create employment, build foreign exchange reserve and ultimately boost the country’s Gross Domestic Product (GDP).

See also  PENGASSAN faults executive order on oil revenue, says Tinubu ill-advised