Reposition nation’s maritime potentials as alternative source of revenue: NPA MD urges stakeholders

The Managing Director of Nigerian Ports Authority (NPA), Prince Sanusi Ado Bayero has urged stakeholders in the Nation’s Maritime Industry to collectively strive to reposition its maritime potentials as a formidable alternative to Oil and Gas in terms of revenue generation.

He therefore implored stakeholders in the industry to utilize the full potentials of the industry so as to maximize its benefits; in order to stimulate the nation’s economic growth.

Ado Bayero made the call while delivering his goodwill message at the just concluded 5th edition of the Nigeria Maritime Expo [NIMAREX 2015].

He noted that countries like Egypt and Singapore have fully taken advantage of and harnessed their maritime potentials to a height that has made them high class maritime nations, to the extent that that their respective economies thrive on the revenue from the maritime sector. He adding that Nigeria should equally be in the same situation.

Ado Bayero further enjoined stakeholders to look into the problems of Cabotage, Stevedores, Haulage, Seafaring, Inland Container Depots [ICDs], infrastructures and others in the sector and proffer solutions to them.

While lauding the theme of the conference which is Nigeria; ‘’Regenerating Economic Growth through the Maritime Sector’’, Alhaji Ado Bayero said it could not have come at a better time than now in view of the dwindling fortune of Oil and Gas revenue in the world market and the urgent need to identify other alternative revenue sources.

He noted that he was enthusiastic and excited that the conference is holding shortly after his assumption of office as the Managing Director of the Authority, adding that he is optimistic that the conference will emphasize the pivotal role the Maritime Industry is playing in the Nation’s economy.

One of the highlights of the conference was an appreciation award given to the Managing Director by the Chairman of NIMAREX 2015, Planning Committee, Prince Ayorinde Adedoyin.

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