Economy

NPA Urges Stakeholders to Strengthen Domestic Economy

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By Omoniyi David

 

The Nigerian Ports Authority (NPA), has urged stakeholders nationwide to work together in strengthening the domestic economy through improved trade partnerships and simplified export processes.

Managing Director of NPA, Dr. Abubakar Dantsoho, made the call during the NPA Special Day at the 20th Abuja International Trade Fair (AITF), which opened on September 25 and runs until October 6 in Abuja.

Dantsoho assured participants of NPA’s readiness to collaborate with investors and stakeholders beyond the fair, noting that such partnerships are critical to economic growth.

“Our doors are always open for partnerships even beyond this trade fair. I warmly invite you to interact with our business development team at the NPA pavilion,” he said.

Highlighting the authority’s reforms, Dantsoho disclosed that the NPA has established Export Process Terminals (EPTs), to simplify previously cumbersome export procedures.

The EPTs, he explained, serve as a one-stop-shop for cargo consolidation, documentation, packaging, certification, and onward shipment, supported by an electronic call-up system to improve turnaround time and eliminate bureaucratic bottlenecks.

He further underscored Abuja’s strategic role in trade facilitation, citing its central location and agro-allied potential as vital to NPA’s push for non-oil revenue.

“Abuja’s centrality accentuates a seamless linkage with the comparative advantages inherent in all regions of the federation.

“This can be harnessed to sustain growth in the volume and value of Nigeria’s exports,” he said.

Dantsoho reaffirmed NPA’s commitment to connecting local producers in the non-oil value chain with global markets, stressing that trade remains a key driver of Nigeria’s economic aspirations.

Director-General of the Abuja Chamber of Commerce and Industry (ACCI), Mr. Agabaidu Jideani, commended NPA for its strategic role in national trade, noting that the authority’s efficiency directly impacts the competitiveness of Nigerian businesses.

He also highlighted the importance of Inland Dry Ports (IDPs), especially the Abuja Inland Container Depot, which he said would help decongest coastal ports and ease business operations in the FCT and neighbouring states.

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