The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has called on terminal operators to capitalise on the favorable investment climate fostered by President Bola Tinubu’s administration to drive greater investments in Nigerian ports.
Dr. Dantsoho made this appeal during an operational tour of the Apapa and TinCan Island Port Complexes in Lagos on Wednesday. He emphasised that Nigeria’s vast population warrants a higher level of investment in its ports than is currently observed, noting that such investment would yield mutual benefits for the operators and the country at large.
While addressing terminal operators, Dantsoho highlighted the need for eco-friendly practices in line with the World Ports Sustainability Programme.
He stressed that the NPA is committed to ensuring global environmental standards are upheld in Nigerian ports.
“I would like to implore all terminal operators to take advantage of the investor-friendliness of His Excellency, President Bola Tinubu, and put in more investment. Given Nigeria’s huge population, Nigerian ports definitely deserve greater investment than what is currently obtainable,” he said.
He added: “In alignment with the World Ports Sustainability programme, this management is keen on ports eco-friendliness, and we will insist on investor compliance with this global imperative. On our part as a regulator, we assure you of all the facilitation necessary to protect your investment and guarantee a return on investment.”
Dantsoho reassured stakeholders that the NPA is dedicated to fostering an investor-friendly environment by safeguarding investments and ensuring adequate returns. He urged terminal operators to align with global best practices in sustainability while maximizing the opportunities presented by the current administration’s economic reforms.
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