Nigerian Ports Authority, Port Miami Partner on Efficiency

By June 5, 2017 Investment News

The Nigeria Port Authority (NPA) has partnered with the Port Miami on ways to improve efficiency and ease of doing business in Nigerian ports.

As reported by PM News Nigeria, managing director of NPA, Hadisa Bala-Usman said at a stakeholders meeting in Lagos that the partnership was geared towards “mutual benefits” for the two countries.

She also revealed that NPA management had brainstormed with representatives of Miami-Dade County, Florida, US, on bilateral trade relations at the meeting.

“The US mission is an excellent initiative aimed at trade balance between Nigeria and the US,” said Ms Bala-Usman. “We are looking forward to technical exchange that will boost the economy of Nigeria in the area of attracting traffic to the ports.

“The initiative, when it comes on stream as being fashioned, will, among other things, attract infrastructural development at the ports.”

Senator Ovie Omo-Agege added that the provision of a statutory framework for the partnership to flourish is a priority.

“The bill entails global best practice, which is an open invitation for the world to invest in Nigeria ports,” he said. “The law will promote trade; it is a watershed in our maritime sector to encourage investments in the non-oil sector, which is a cardinal objective of the Buhari administration.”

According to Senator Omo-Agege, investments in the non-oil sector have the potential to lift the Nigerian economy from its present state to “advanced economic stature”.

The leader of the US delegation Mrs Audrey Edmonson expressed hope of a better relationship with Nigerian ports, saying “all avenues of making the partnership work would be explored” in order to help Nigerian ports to bolster the nation’s economy with improved cargo handling infrastructure.

Read more: Port Strategy