The Managing Director of the Nigerian Ports Authority (NPA) Mallam Habib Abdullahi has identified efficient port services and upsurge in cargo throughput in the nation’s seaports as some of the positive impact of the Public Private Partnership (PPP) in the nation’s ports.
He also attributed reduction in cargo dwell time at the ports to improved vessel turnaround time as well as availability of deeper and safer navigation channels as other impact of the PPP in the nation’s seaports
Mallam Abdullahi listed the factors behind cargo upsurge at the port when he delivered a paper he titled “The Public Private and Port Efficiency: The Nigerian Experience” at the just concluded 12th International Africa Conference and Exhibition held in Lagos.
The Managing Director who dwelled extensively on the PPP in the nation’s port operation said that the programme has brought about improved port infrastructure through the rehabilitation, and upgrading of port operation technologies and the development of Greenfield.
The NPA boss who identified a number of investment opportunities derivable from the nation’s seaports, as a result of the PPP, pointed out that such opportunities were in the areas of Channel Management, Pilotage and Towage Services and Independent Power Project.
According to him, other investment opportunities derivable from the nation’s seaports as a result of the PPP included the development of Information and Communication Technology (ICT) and Greenfield Port Developments.
Mallam Abdullahi opined that increased participation of the private sector has been a key ingredient in improving the fortunes of Nigerian Ports, adding that several areas still exist in the nation’s seaports that are open to further private sector participation, especially in the Greenfield deep seaport developments.
Earlier the Minister of Transport Senator Idris A. Umar had told the conference that the Maritime Sector remains a key sector of the economy whose enormous potential deserves continuous harnessing.
He said over the years the nation has been carrying out a number of reforms measures aimed at enhancing the operational efficiency in the various ports and assured participants at the forum of the Federal Government’s unflinching focus to provide the enabling environment for massive private sector investments in the deepening and developing of the nation’s maritime sector.–International Trade Monitor