Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

NPA seeks export promotion to diversify economy

byCT Report
12/07/2016
in International Customs, World Business
Share on FacebookShare on Twitter

WASHINGTON: The Managing Director, Nigerian Ports Authority (NPA), Malam Habib Abdullahi, has called for the promotion of exportation of agro-allied products to boost the economy. He said he was angry that about 90 per cent of container traffic left the ports empty.

The NPA boss urged the public and private sectors to support the governments efforts to diversify the economy. X-raying the ports’ first quarter operations, he said maritime activities dropped compared with the same period last year. He said: “The commodity analysis revealed that though all cargo types declined during the period under review, however, containers and general cargo traffic contributed significantly to the overall drop in cargo throughput.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Markets, oil drop in Asia but bitcoin edges towards $50,000

12/02/2021

“There is an urgent need to complement the efforts of the NPA’s massive investments in infrastructural renewal and automation of our port operations, by generating enough export cargo to make up for the shortfall of imported cargo in our ports.’’ The NPA, he said, has met with the Nigerian Export Promotion Council (NEPC) and Abuja Commodities & Exchange Commission on the promotion of solid minerals and agro-allied products to boost the economy.

The Federal Ministry of Solid Minerals Development and Nigerian Chambers of Commerce, Industry, Mines and Agriculture (NACIMA), he said, had also briefed. “The interactive sessions could be said to be productive, especially in  information sharing and data exchange,” Abdullahi said.

NPA’s General Manager, Public Affairs, Captain. Iheanacho Ebubeogu, said 1,131 ocean-going vessels and crude oil tankers with a total Gross Tonnage (GT) of 59.4 million called at the ports between January and March. “In the period under review, Lagos Port Complex (LPC) recorded a Gross Tonnage of 8.1 million, showing a decrease of 11.5 per cent from 9.2 million tonnes achieved in 2015.

“A total of 296 vessels were handled in the period under review at the LPC. Tin Can Island Port handled a total Gross Tonnage of 11.8 million, showing a decline of 1.2 per cent compared to Gross Tonnage of 12.2 million achieved in the corresponding quarter of 2015. “A total of 417 vessels were handled at the Tin-Can Port in the period under review. Calabar Port complex handled a total Gross Tonnage of 776,718, showing a decline of 15.4 per cent from 918, 237 gross tonnage recorded in 2015. A total of 46 vessels were handled in Calabar port this same period,’’ he said.

Tags: NPA seeks export promotion to diversify economy

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Markets, oil drop in Asia but bitcoin edges towards $50,000

byCT Report
12/02/2021

HONG KONG: Markets fell in Asia on Friday in holiday-thinned trade with investors awaiting developments in US stimulus talks, while...

Asia markets slip as dealers take breath in holiday-thinned trade

byCT Report
11/02/2021

HONG KONG: Asian equities pulled back on Thursday after a strong run-up in recent weeks as investors took a breather...

Asian markets push higher as traders focus on recovery outlook

byCT Report
10/02/2021

HONG KONG: Most Asian markets advanced again Wednesday as investors ignored a stall in Wall Street’s rally, with eyes firmly...

Next Post

MARC affirms Westports RM2b Sukuk with stable outlook

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.