Maritime

NPA: Hadiza eyes harnessing Maritime Endowment through entrepreneurship

NPA: Hadiza eyes harnessing Maritime Endowment through entrepreneurship
Written by Maritime First

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has called for sustained efforts to maximize the opportunities that are abound in the Maritime Sub-Sector through entrepreneurship.

Speaking at the second edition of the Nigeria and Entrepreneurship Summit and Honors (NESH) Maritime Roundtable in Lagos on the theme: “Harnessing the Opportunities for Entrepreneurs in the Nigerian Sub Sector, she also noted that the “Nation’s Maritime sub sector can be a notable contributor to the efforts at poverty reduction, creation of wealth, promotion of skills acquisition and encouragement of entrepreneurship”.

She maintained that the sector has “the potential of contributing at least, 10 percent of Nigeria’s GDP in no distant future because Nigeria has the biggest market in Africa”.

The Roundtable Summit discussions centered on the strategic exploitation and harnessing of vast opportunities that abound in the Maritime domain and the envisaged contributions to the nation’s Gross Domestic Product (GDP) thereby reducing the dependence on the petroleum sector.

“Nigeria has a vast inland waterway resource estimated at about 3,000 km that can support a vibrant inter-reginal trade.

Also read:  2020: NPA eyes N202bn Budget, slates N108.94bn for Capital projects

“The country is also advantageously located on the coastline corridors of the Gulf of Guinea and the Bight of Benin and has eight littoral states coupled with a growing population and huge market that counters the capacity to stimulate substantial domestic tonnage”, Hadiza stated, informing the Summit participants that there was need to strengthen requisite skills for greater professionalism through funding and capacity building that would drive the implementation of the abundant Maritime resources in the country.

She also noted that the Authority was in collaboration with the Federal Ministry of Works and Housing  (FMWH), as well as the Nigerian Railway Corporation, in order to increase the latter’s market share in the wheel of cargo evacuation from the ports.

Subsequently, she advocated a critical traffic management framework, and a collaboration with the Inland Container depots like that of Kaduna, for swift cargo evacuation to the northern hinterlands.

She equally called for an effective management of the nation’s Green fields which are expected to attract Foreign Direct Investments (FDIs) and generate more revenue while enshrining the tenets of Private Public Partnership (PPP).

 

About the author

Maritime First