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NPA Calls Stakeholders to Strengthen Economy Through Strategic Partnerships

byCamela Obedu
October 3, 2025
in Business
0

The Nigerian Ports Authority (NPA) has called on stakeholders across the maritime, logistics, and business sectors to embrace stronger partnerships aimed at boosting the nation’s domestic economy. The Managing Director of the NPA, speaking during a stakeholders’ forum in Lagos, stressed that collaboration is essential in driving growth, improving efficiency, and creating a sustainable economic environment.

According to him, Nigeria’s ports remain critical gateways to trade and investment, and any effort to strengthen the domestic economy must involve collective participation from both public and private actors. He explained that when stakeholders work together, bottlenecks are reduced, operational efficiency is improved, and trade facilitation becomes seamless.

“Partnership is the fuel that drives sustainable economic growth,” the NPA boss stated. “As a nation, we cannot afford to work in isolation. The NPA is committed to creating a business-friendly environment that attracts investments and supports local industries. However, this can only be achieved if all stakeholders align their efforts with a shared vision of progress.”

He further highlighted that the maritime sector contributes significantly to Nigeria’s Gross Domestic Product (GDP), not only through customs duties and port charges but also by generating employment, supporting small and medium-sized enterprises, and driving foreign exchange earnings. The authority, he said, is therefore keen on engaging with shipping companies, freight forwarders, terminal operators, and investors to ensure that Nigeria’s ports remain competitive in the global market.

Stakeholders at the forum acknowledged the importance of the NPA’s call, noting that collaboration would help tackle challenges such as congestion, poor infrastructure, and regulatory bottlenecks. Some participants also emphasized the need for improved digitalization of port processes to enhance transparency and reduce delays.

An industry expert at the event observed that strengthening domestic trade through partnerships could reduce Nigeria’s overreliance on imports and encourage local production. “The economy can only thrive when there is synergy between government agencies and the private sector. By working together, we can reduce costs, create jobs, and boost local manufacturing,” he said.

The NPA also reaffirmed its commitment to aligning port operations with global best practices. Efforts are ongoing to modernize port facilities, expand inland dry ports, and improve road and rail connectivity to ease cargo movement. These measures, the authority believes, will support Nigeria’s ambition to become a regional trade hub in West Africa.

In his closing remarks, the NPA chief urged stakeholders to see the call for partnership not as an option, but as a necessity for survival in today’s competitive global economy. He expressed optimism that with sustained collaboration, Nigeria could unlock new opportunities for growth and create a more resilient domestic economy.

The meeting ended with a joint resolution by stakeholders to deepen cooperation, promote innovation, and support policies that enhance port operations and trade facilitation.

Observers believe that if such commitments are faithfully implemented, Nigeria’s maritime sector will not only contribute more robustly to the domestic economy but also strengthen the country’s position as a key player in regional and international commerce.

 

Camela Obedu

Camela Obedu

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