FG Earns N127billion Extra Revenue From Ports Automation

Revenue from Nigeria’s sea ports skyrocketed to N184bn in 2015 from N57bn in 2005  as a result of the implementation automation of process, President Muhammadu Buhari, revealed at the weekend.
The President, who spoke through his Senior Special Assistant on Industry, Trade and Investment, Dr Jumoke Oduwole, at the Lagos Chamber of Commerce and Industry/Financial Derivative Company Private Dialogue on Port Efficiency and Maritime Roadmap seminar which held in Lagos
He said that his administration was not merely concerned with revenue generation in this area,adding: “We are convinced that thousands of jobs and shared prosperity can be created from a strategic development of the maritime sector.”
Buhari said his administration was committed to creating enabling ecosystem for the various stakeholders in the sector to maximise their potentials and grow their capacities, disclosing that the administration would encourage ease of doing business in Nigeria and trading across borders.

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