NPA states that 1 billion dollars of rehabilitation, other measures that transform the blue economy of Nigeria

NPA states that 1 billion dollars of rehabilitation, other measures that transform the blue economy of Nigeria

The management of the Nigerian Ports Authority (NPA) led by its CEO (MD) and CEO (CEO), Dr. Abubakar Dutsoho has declared that he is investing $ 1 billion on the reconstruction of the port complex of the island of Tincan and the complete rehabilitation of Apapa, Rivers, Warri and Calabar Port.

According to the management, the projects were to guarantee the infrastructure integrity that will raise them with the contemporary needs of the international maritime ecosystem together with other measures to expand the ability of the port through the operation of new ports and the progress of the development of the green port that has contributed a lot to the marita of Nigeria and the blue economy as well as to the overall economic economy of the nation.

It could be remembered that Dutsoho had led the NPA management last month to finalize an agreement for the development of $ 1 billion doors of Snake Island to be built on an 85 hectare site within the integrated free zone of Snake Island.

The Management also observed that the projects were in addition to the deep port of Badagry, to the deep ports of Ondo and the ports of Burutu that are found in various phases of progress, as well as the system of the port community (PCS) and the single national window among other initiatives for the competitiveness of the port implemented aggressively under the technical guidance of the NPA.

The management of the NPA added: “Apart from the beginning of actual works on the reconstruction of the $ 1 billion ports, the CEO of the Authority of the Ports of Nigeria with the support not linked to the Minister of Performance of the Navy and the Blue Economy, Adegboyega Oyetola transformed the fortunes of the Authority around.

He added: “One of the most remarkable results in 2024 was the substantial increase in the speed transmission speed. The load trafficking increased by 45.1%, increasing from 71,213,197 tons of tons in 2023 to 103,336,863 tons in 2024. Increase of 2,160.8%, followed by an ominous port with a port of the island of 9.4%with a growth of the growth of the 7.3%.

“The Nigerian ports also recorded impressive gains in ship traffic. The number of naval calls increased by 5.6%, growing from 3,791 in 2023 to 4.005 in 2024. This was accompanied by an even more substantial growth of 15.418 in Gross. Curtains, recording an increase of 477.6%of naval calls, while ominal port recorded a 5.8%increase.

“The total content of the container also saw a significant 9.7%increase, with 1,744,972 teu managed in 2024, compared to 1,591.194 teu in 2023. Within this category, Laden containers grew by 12.5%, with export containers that found an increase in growth of 53.7%. “.

The NPA also observed that the operations of the service boats recorded a 49.6% increase in activities during the period with the number of boats managed to be growing 8,956 in 2023 to 13,396 in 2024.

He added: “In addition, gross tonnage recorded (GRT) for service boats rose by 129.3%, jumping from 1,997,163 tons to 4,579,742 tons. This reflects improved offshore activities and a better service infrastructure in ports.

Even the operational efficiency of the Nigerian ports has shown improvements. The average time of turn-revs for ships decreased from 4.7 days to 4.6 days, reflecting an improvement of 1.0% of port operations. The Lekki door has shown maximum efficiency, with an average delivery time of the ship of only 2.5 days.

“In addition, the mooring occupation rate improved from 30.1% in 2023 to 33% in 2024, indicating an increase in the use of the door and operational effectiveness”.

The management also observed that, the insistence of Dantosho on the efficiency of the port was culminated in achieving the Nigeria of the N5.81 trillion commercial surplus (3.7 billion dollars) in the third quarter of 2024, as reported by the Nigerian foreign group (Nesg) foreign alert through exports mainly consumed on the platforms of the Nigerie doors.

“In addition, the successful implementation of the strategy of President Bola Ahmed Tinubu for the sale of raw products and other oil products in Naira who, in addition to saving billions of useful forexs up to that lost moment for import, led to guaranteeing the safety of national energy, deepening the balance between trade and creation of direct and indirect works.

“The author’s authority has set in motion the methods of public private partnership to derive entrances from the production of independent energy, by bunkering stations, bunkering, bunkering, from a supply of fresh water and repairs and ship maintenance”.

According to the NPA, other positive measures adopted that they were producing positive results include; Port automation, electronic call-Camion among others.