Dantsoho reaffirms FG’s dedication to port investments

The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has reaffirmed the Federal Authorities’s dedication to selling elevated investor participation in port improvement whereas highlighting steps taken to spice up the productiveness ranges of all of the nation’s maritime gateways.

Dantsoho acknowledged this in an announcement on Tuesday obtained by The PidomNigeria.

On the current Investopia discussion board in Lagos, attended by UAE and Lagos State officers, Dantsoho underscored Nigeria’s openness to improvement collaborations.

He defined the Federal Authorities’s current strikes at making Nigeria a number one port vacation spot in Africa via modernisation and rehabilitation, including that Nigerian ports are investment-ready, “with copious alternatives for productive public-private partnerships just like the profitable enterprise seen within the Lekki Deep Seaport and others”. ”.

In response to him, the Federal Authorities’s modernisation programmes, just like the Nationwide Single Window, which works stay by the tip of the primary quarter of 2026, “approvals for ports rehabilitation and truck digital entry are methods the federal government has demonstrated dedication to the port sector”. The NPA boss additionally listed approvals given for the graduation of virgin port tasks in Badagry, Olokola, Bonny and others as an indication of the Nigerian authorities’s readiness to make its ports fertile grounds for native and overseas traders.

Talking on the African Continental Free Commerce Space, Dantsoho emphasised that fashionable, resilient ports and built-in logistics programs are important to unlocking Africa’s commerce potential, enhancing operational effectivity, and enhancing transparency and reliability throughout maritime and logistics worth chains.

He famous that the NPA has reaffirmed the nation’s dedication to improvement and strategic partnerships, because it showcased its imaginative and prescient for resilient, environment friendly and future-ready port infrastructure on the Investopia World Lagos Summit. The strategic panel, themed “Infrastructure & Logistics for Africa’s Subsequent Part of Commerce”, additionally featured the Regional Chief Government Officer of Abu Dhabi Ports Group, Mohamed Almenhali. The panel targeted on port modernisation, hall connectivity and deployment of digital commerce infrastructure.

The summit, co-hosted by Nigeria and the United Arab Emirates, introduced collectively international traders, senior authorities officers and trade leaders to discover alternatives throughout infrastructure, logistics, power transition, monetary programs and safe provide chains. The summit builds on momentum from President Tinubu’s current go to to the UAE, throughout which Nigeria and the UAE signed a Complete Financial Partnership Settlement to deepen cooperation in renewable power, infrastructure, logistics and digital commerce.