The Minister of Marine and Blue Economy, Adegboyega Oyetola on Tuesday, received the report for the implementation of the Port Community System (PCS) in Nigeria, a move that will enhance the ease of doing business in ports within the country.
The PCS initiative aligns with the Convention on Facilitation of International Maritime Traffic (FAL) of the International Maritime Organisation (IMO), and its objectives include preventing unnecessary delays in maritime traffic, enhancing cooperation between governments, and ensuring uniformity in formalities and procedures.
Speaking during the event held in Abuja, Oyetola who disclosed that the implementation of the PCS was a Key Performance Indicator given to his Ministry by President Bola Ahmed Tinubu, noted that the adoption of the initiative would position Nigeria to benefit from global trade opportunities.
“Realising the importance of the implementation of the PCS on the fulfilment of the overarching objectives of the Renewed Hope Agenda, His Excellency, President Bola Ahmed Tinubu included the implementation of the Port Community System as a Key Performance Indicator for the Ministry of Marine and Blue Economy under the Presidential Performance Bond I signed as a Minister,” he said.
The minister commended the management of the Nigerian Ports Authority (NPA) for their foresight in seeking technical guidance from IMO in the development of the PCS report.
While assuring that he would play a leading role in achieving the objectives of the initiative, Oyetola urged the NPA to expedite the procurement process for appointing a company to deploy the PCS and to seek ministerial intervention where necessary, particularly in areas outside their jurisdiction, such as