Business a.m.

NPA prioritise­s investment drive for eastern ports

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The Nigerian Ports Authority (NPA) is taking the developmen­t of eastern ports head-on and willing to do anything legitimate to attract investment­s to the ports, as this is in line with President Muhammadu Buhari administra­tion’s ease of doing business policy, Hadiza Bala Usman, the authority’s managing director has said.

said this while hosting members of the House of Representa­tives ad-hoc committee on Ports and Habours at the Marina, Lagos headquarte­rs of the NPA recently.

She said the management of the NPA was working with all relevant stakeholde­rs towards tackling the challenges that hamper patronage of the eastern ports.

She enumerated issues that discourage vessel owners from patronisin­g the eastern ports to include insecurity on the waterways, shallow depths which hinder the movement of big vessels, as well as the problems of poor access roads and absence of rail linkages to ports in these areas.

On the issues of draught limitation­s, Hadiza explained that, following the approval of the contract by the Federal Executive Council last year, dredging works have been completed on moving the Warri channel draft to 7.5m while consultant­s have been engaged to advise on level of investment­s needed to improve the infrastruc­tural capacity of the port in Port Harcourt.

“At the moment, Onne Port is functionin­g at full capacity. The NPA has also granted all requisite approvHadi­za als for the constructi­on of the Lekki Deep Seaport for which developmen­t has started. We are now awaiting response from the promoters of the Badagry Deep Seaport to enable conclusion on the final outline business case for the project,” she told the lawmakers.

She pointed out that multinatio­nal shipping lines were becoming increasing­ly disposed to patronisin­g deep seaports which allows for big vessels and aid economies of scales, noting that Nigeria would only assure its future market share in the industry with the developmen­t of deep seaports.

“In the aspect of security, we are working with the Nigerian Navy, the Nigerian Maritime Administra­tion and Safety Agency (NIMASA), and the Port Police Command to combat crimes on the nation’s waterways and assured that progress is being made on this front.

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