NPA Seeks Partnerships To Meet $12billion Exports Revenue Target

The Nigerian Ports Authority, NPA, is set to enter strategic partnerships and boost export activities to hit its 2016 revenue target of $12billion.

The NPA Managing director Habib Abdulahi, who made this known in Lagos said the organization was already reaching out to the Nigeria Export Promotion Council,NEPC, and the ministries of agriculture and solid minerals to work out other means of assisting in diversifying revenue sources for government, especially in growing exports for the country.

He said the NPA may even exceed its targets if the current economic indices improved.

Abdulahi said the agency was also set to dedicate some port terminals to export hubs for agriculture and solid minerals.

According to him, there are proposals for ports that would be solely dedicated to the export of agricultural produce and the Ilaje port in Ondo for solid minerals export.

He said the NPA was already working out a strategy with the Customs on how to achieve this milestone. According to him, the terminal operators were also being re-oriented to support the success of the programme.

He said this would not only help in the diversification process of the economy but would also compensate for the revenue the ports were losing, as there was the urgent need to utilise the many containers that were lying idle in the ports , and being taken away empty.