Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

NPA lists factors that will help achieve greater efficiency, accountability, safety

Chike Olisah by Chike Olisah
August 23, 2021
in Business News
Railway solving port issues by half, encouraging stakeholders to use Calabar, Warri ports- NPA Acting MG
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Ports Authority (NPA) has listed factors that will help the agency position itself towards greater efficiency, accountability and safety.

Some of those factors outlined by NPA are infrastructural renewal and expansion, the introduction of barge operations, improvement in the sources of revenue and collection in the agency and the introduction of the electronic call-up system to aid the automation of truck transit.

Other factors include doing away with monopolistic conduct, plucking revenue leakages and reducing overhead costs and formulation and implementation of policies to encourage usage of the Eastern Ports.

RelatedPosts

Cost of fuel subsidy increased by 890% in 5 years – SBM Intelligence

Buhari approves appointment of Bello-Koko as NPA substantive Managing Director

According to a statement signed by NPA’s General Manager, Corporate and Strategic Communications, Mr Olaseni Alakija, on Monday in Lagos, this disclosure was made by the Acting Managing Director of NPA, Mr Mohammed Bello-Koko.

According to NAN, Bello-Koko said the NPA is poised to creating and sustaining competitive advantage by offering its best in port operations, while speaking at the just-concluded strategic retreat organised for NPA top management.

What the acting Managing Director of NPA is saying

Bello-Koko said that NPA’s management is determined to reposition the nation’s seaports for greater efficiency, safety and accountability.

He said, “As part of efforts to position the agency towards greater efficiency, safety and accountability, the management has outlined factors that will enhance such prospects, as well as the capacity to garner greater market share.

“This will include infrastructural renewal and expansion, the introduction of barge operations, automation of truck transit through the electronic call up system and improvement in the sources of revenue and collection.

“Others include plugging income leakages and reducing overhead costs, elimination of monopolistic conduct, formulation and implementation of policies aimed to incentivise patronage of the Eastern Ports and encouraging competition.’’

Bello-Koko in the statement said that the retreat was designed to allow management staff to strategise and come up with smart actionable steps in order to ensure growth, competitiveness and future-readiness of the nation’s seaport systems.

The NPA boss pointed out that the disruptions caused by the outbreak of the Covid-19 pandemic presented a learning curve, especially for organisations such as NPA that operate in a sector that was global in scope to be constantly ready for dynamics in the form of increasing competition and innovation.

He said, “Improving the turnaround time of vessels and reducing cargo dwell time is critical to attracting more vessels to our seaports. Optimising the business opportunities that the landlocked countries with whom we share borders presents a critical success factor in actualising our growth projections.

“The need to attract larger vessels and maximally benefit from the economies of scale that come with them show that the ongoing efforts to have deep seaports in Lekki, Badagry and Akwa Ibom, among others, are steps in the right direction.’’

He noted that in the meantime, NPA is constantly scaling up its responsibility of dredging the country’s channels to safely berth vessels of reasonable sizes whilst encouraging the use of flat bottom vessels (FBV) in areas of low draught.

What you should know

The NPA earlier in the year announced the launch of Eto, an Electronic Truck call-up system designed for the management of truck movement and access to and from the Lagos Ports Complex and the Tin Can Island Ports, Apapa, Lagos.

It is a systematic where truckers could log in, schedule, and get approval to go into the port in batches adding that it gives details of trucks that have access to the port and confirms the availability of space for other trucks in the terminal. This is simply to ensure sanity within the Apapa and Tin-Can Island ports and the environs.

Related

Tags: Nigerian Ports AuthorityNPA

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Top 5 Most Creatively-Themed Restaurants in Nigeria
    • Microsoft raises alarm over new Android malware ‘toll fraud’
    • Celsius cuts 150 jobs amid restructuring exercise

    Follow us on social media:

    Recent News

    Top 5 Most Creatively-Themed Restaurants in Nigeria

    Top 5 Most Creatively-Themed Restaurants in Nigeria

    July 4, 2022
    Microsoft office

    Microsoft raises alarm over new Android malware ‘toll fraud’

    July 4, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com