Business

Port reform triggers 200% increase in cargo inflow

today03/13/2024 3

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Nigeria Port Authority, NPA has said that cargo inflow into the country has increased by 200 per cent to 900,000 Twenty-foot Equivalent Units, TEUs, from 300,000 TEUs, due to the ongoing port reform.
The Managing Director of NPA, Mohammed Bello-Koko Koko disclosed while speaking at a breakfast meeting organized by Maritime Reporters Association of Nigeria (MARAN) on the theme: Examining the Challenges Hindering the Efficiency of e-Call up System and Solutions.
Represented by General Manger, MD’s office, Ayo Durowaye, Koko said that port reform was undertaken but many people did not know that there were aspects of institutional reform and infrastructural reform, some of which government is dealing with at the moment.
Meanwhile, President National Council of Managing Directors of Licensed Customs Agents, Lucky Amiwero, faulted the concession agreement saying there was no proper legislative framework backing the agreement.

Written by: bossgmsi

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