HomeBusiness and TechNPA Moves to Cut Export Bottlenecks, Boost Forex Inflows

NPA Moves to Cut Export Bottlenecks, Boost Forex Inflows

By Gloria Essien, Abuja

The Nigerian Ports Authority (NPA) says it is strengthening measures to remove bottlenecks affecting non-oil exports, expand export channels and boost foreign exchange inflows into the economy.

The Managing Director/Chief Executive Officer of NPA, Dr Abubakar Dantsoho, said this at the NPA Special Day during the 21st Abuja International Trade Fair organised by the Abuja Chamber of Commerce and Industry (ACCI).

The event was held under the theme, “Resilient Trade, Taxation, and the Economy.”

READ ALSO: NPA Expands Export Channels To Improve Trader 

Dantsoho said the authority was strengthening port infrastructure and extending maritime logistics into the hinterland to enable exporters to access global markets more efficiently.

He said Nigeria’s economic resilience could no longer depend largely on imports and oil revenues, stressing that expanding non-oil exports and integrating businesses across the country into global value chains remained critical to sustainable economic growth.

According to him, the recent approval for the transfer of Inland Dry Port (IDP) management and development functions to the NPA would bring port services closer to businesses operating far from coastal ports.

Dantsoho said the development would particularly benefit exporters in northern and central Nigeria, including Abuja, by reducing the need to transport raw commodities to coastal ports before completing port clearance and documentation.

“By bringing Inland Dry Ports under the operational purview of the NPA, exporters in northern and central Nigeria, including right here in Abuja, no longer need to move raw commodities to coastal ports before undergoing port clearance and documentation,” he said.

Targeted Interventions

The NPA boss stated that the authority had introduced targeted interventions to eliminate bottlenecks confronting non-oil exporters, including the operationalisation of dedicated Export Processing Terminals.

He said the terminals serve as one-stop centres where sorting, packaging, quality certification and customs documentation could be completed before export cargo is moved to port terminals.

Dantsoho said the interventions were already supporting the growth of non-oil exports, particularly agricultural commodities and solid minerals, while helping Nigerian producers meet international delivery schedules.

He noted that commodities such as cocoa, sesame seeds, cashew nuts and hibiscus, as well as solid minerals, had recorded increased export activity over the past two years.

The NPA chief executive said streamlined export channels would enhance foreign buyers’ confidence in Nigerian products and increase foreign exchange inflows into the domestic economy.

He urged businesses in agriculture, manufacturing, processing and solid minerals to take advantage of the emerging export infrastructure and expand their presence in international markets.

“To our prospective businessmen and entrepreneurs, now is the time to embrace export trade,” he said.

Maritime Logistics

Dantsoho assured exporters that the NPA remained committed to providing efficient port services and extending maritime logistics to different regions of the country.

He said the authority’s objective was to create a trade-enabling environment where exporters, regardless of their size or location, could access reliable logistics support and compete more effectively in global markets.

Also speaking, the Director-General of ACCI, Agabaidu Jideani, called for stronger collaboration with the NPA to facilitate trade, unlock investment opportunities and strengthen the link between Nigeria’s maritime sector and the wider business community.

Jideani said closer engagement between the NPA and the organised private sector was critical to improving the ease of doing business, strengthening supply chains and enhancing Nigeria’s participation in domestic, regional and international trade.

“The efficiency, accessibility and competitiveness of Nigeria’s ports have direct implications for importers, exporters, manufacturers, distributors, logistics operators, retailers and numerous other businesses across our sectoral groups,” he said.

He said ACCI was particularly interested in strengthening the connection between businesses in the Federal Capital Territory (FCT) and the wider national and international trade ecosystem.

Structured Platform

Jideani said the Chamber could provide a structured platform for businesses to share their practical experiences with the NPA, while the authority could use such platforms to enlighten the business community on port operations, trade facilitation initiatives, procedures and opportunities within the maritime sector.

“We therefore commend the Nigerian Ports Authority for participating in this year’s Abuja International Trade Fair and for using the NPA Day to engage directly with the organised private sector.

“We see this participation not merely as an exhibition opportunity, but as an important platform for dialogue, stakeholder engagement and partnership,” he said.

Deepen Engagement

The ACCI DG said the Chamber was ready to deepen its engagement with the NPA through policy dialogues, business forums, sensitisation programmes, capacity-building initiatives and other mutually beneficial engagements.

He said such collaboration would contribute to more efficient trade and stronger economic linkages.

Jideani said the partnership was particularly important as businesses continued to seek improved market access, stronger supply chains and a more conducive environment for trade and investment.

He noted that the Abuja International Trade Fair provided an appropriate platform for strengthening interaction among businesses, government agencies, investors, financial institutions, diplomatic missions and development partners.

Jideani said the AITF remained a practical expression of the Chamber’s mandate to promote trade, investment and sustainable economic development.

“The AITF is a practical expression of this mandate. It brings together businesses, investors, government agencies, diplomatic missions, financial institutions, development partners and other stakeholders to showcase products and services, establish business connections, explore markets and discuss issues affecting the economy,” he said.

According to him, stronger collaboration between institutions such as the NPA and the organised private sector was essential to improving Nigeria’s trading environment.

“As we celebrate the 21st edition under the theme ‘Resilience, Trade, Taxation and the Economy,’ we recognise that stronger collaboration between institutions such as the NPA and the organised private sector is essential to improving the ease of doing business, strengthening supply chains and enhancing Nigeria’s participation in domestic, regional and international trade,” he said.

Jideani commended the NPA for identifying with the 21st AITF, describing its participation as an opportunity to deepen understanding and promote dialogue between the maritime sector and the broader business community.

“We look forward to building an even stronger and more sustained partnership that will support businesses, facilitate trade, create opportunities, and contribute to the growth and competitiveness of the Nigerian economy,” he added.

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