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NPA addressing bottlenecks affecting export – Bello-Koko

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 The Managing Director Nigerian Ports Authority NPA Mr Mohammed Bello Koko says the authority is addressing bottlenecks affecting export in the country Bello Koko made this known at the 2022 Zenith Bank International Trade Seminar on non oil export on Wednesday in Lagos The seminar had the theme Unlocking Opportunities in Nigeria s Non Oil Export Business Bello Koko said that there should be proper synergy between vessels that come into the country as well records of the ones that leave the ports He said the authority had deployed truck electronic call up system to ease movement of cargoes into the port Bello Koko added that the NPA had created pregates where trucks would park before entering the port We are working with the government to ensure diversification of the economy and we are encouraging non oil export Also not just about deploying e call up system we have licensed 10 export processing terminals The terminals are supposed to be at locations whereby one stalk process package certify seal and send it directly to the port But for it to succeed we need other government agencies We need to understand that the port is a maritime ecosystem not just for the NPA but other government agencies And so for the export processing terminals that were created we expect the Nigeria Customs Service and Standards Organisation of Nigeria to have export desk there for certification he said The NPA boss noted that three out of the 10 export processing terminals would come on stream shortly Bello Koko noted that barges were also introduced at a cost borne by the exporters thereby making export more expensive He explained that the export terminal would reduce the burden in future He also called for the introduction of a National Single Window to ease movement of cargoes in the country Automation is key to reducing congestion and will ensure quick processing of export and import documentations In the documentation whether import or export all starts with the consignee and the form is Form M and this has to do with port destination loading and discharging So there is a need to have one form that serves everybody and that is the National Single Window where all transactions will be done even payment One bulk payment can be made and everybody is paid separately at the same time This is obtainable in other neighbouring African countries and I believe we can do so here he said Also Mr Godwin Emefiele Governor the Central Bank of Nigeria CBN noted that they had introduced various initiatives and interventions that would harness the opportunities in the non oil sector to create wealth for the country Emefiele added that the apex bank introduced rebate facilities to encourage exporters bridged gaps by providing funding for capital expenditure We have the N500 billion non oil stimulation facilitation Commercial Agricultural Scheme Act for agricultural commodity and many others he said He added that Nigeria should look inwards for economic growth and development Earlier Mr Ebenezer Onyeagwu the Group Managing Director Zenith Bank in his welcome address noted that opportunities in the non oil export was expansive and inclusive with huge value chain Onyeagwu noted that the company was using the seminar to create an awareness to rejuvenate the country s foreign earnings He said that since the inception of the seminar in 2016 they had achieved numerous results such as changes in policy implementation transparent record keeping and enhanced funding among others NewsSourceCredit NAN
NPA addressing bottlenecks affecting export – Bello-Koko

Managing Director

The Managing Director, Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, says the authority is addressing bottlenecks affecting export in the country.

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Zenith Bank International Trade Seminar

Bello-Koko made this known at the 2022 Zenith Bank International Trade Seminar on non-oil export on Wednesday in Lagos.

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Unlocking Opportunities

The seminar had the theme: “Unlocking Opportunities in Nigeria’s Non-Oil Export Business.”
 
Bello-Koko said that there should be proper synergy between vessels that come into the country as well records of the ones that leave the ports.


 
He said the authority had deployed truck electronic call-up system to ease movement of cargoes into the port.

 
 Bello-Koko added that the NPA had created pregates where trucks would park before entering the port.

 
“We are working with the government to ensure diversification of the economy and we are encouraging non-oil export.


 
“Also, not just about deploying e-call-up system, we have licensed 10 export processing terminals.

 
“The terminals are supposed to be at locations whereby one stalk, process, package, certify, seal and send it directly to the port.

 
“But for it to succeed, we need other government agencies.

We need to understand that the port is a maritime ecosystem not just for the NPA but other government agencies.

 

Nigeria Customs Service and Standards Organisation of Nigeria

“And so for the export processing terminals that were created, we expect the Nigeria Customs Service and Standards Organisation of Nigeria to have export desk there for certification,” he said.

 
The NPA boss noted that three out of the 10 export processing terminals would come on stream shortly.

 
Bello-Koko noted that barges were also introduced at a cost borne by the exporters thereby making export more expensive.

 
He explained that the export terminal would reduce the burden in future.

 

National Single Window

He also called for the introduction of a National Single Window to ease movement of cargoes in the country.


“Automation is key to reducing congestion and will ensure quick processing of export and import documentations.

 
“In the documentation, whether import or export, all starts with the consignee and the form is Form M and this has to do with port destination, loading and discharging.

 

National Single Window

“So, there is a need to have one form that serves everybody and that is the National Single Window where all transactions will be done, even payment.

 
“One bulk payment can be made and everybody is paid separately at the same time.

This is obtainable in other neighbouring African countries and I believe we can do so here,” he said.

 

Godwin Emefiele

Also, Mr Godwin Emefiele, Governor, the Central Bank of Nigeria (CBN), noted that they had introduced various initiatives and interventions that would harness the opportunities in the non-oil sector to create wealth for the country.

 
Emefiele added that the apex bank introduced rebate facilities to encourage exporters, bridged gaps by providing funding for capital expenditure.

 

Commercial Agricultural Scheme Act

“We have the N500 billion non-oil stimulation facilitation, Commercial Agricultural Scheme Act for agricultural commodity and many others,” he said.

 
He added that Nigeria should look inwards for economic growth and development.


 

Ebenezer Onyeagwu

Earlier, Mr Ebenezer Onyeagwu, the Group Managing Director, Zenith Bank, in his welcome address, noted that opportunities in the non-oil export was expansive and inclusive with huge value chain.

 
Onyeagwu noted that the company was using the seminar to create an awareness to rejuvenate the country’s foreign earnings.

 
He said that since the inception of the seminar in 2016, they had achieved numerous results such as: changes in policy implementation, transparent record keeping and enhanced funding, among others.

NewsSourceCredit: NAN

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