Port efficiency on FG’s priority list, says Amaechi



 The Minister of Transportation, Mr Chibuike Amaechi, said on Thursday that improving on port efficiency was one of the priorities of his administration. Former governor of Rivers State and Ministerial nominee Rotimi Amaechi Amaechi stated this at a two-day conference on “Improved Ports Efficiency in Nigeria’’, organised by the Maritime Correspondents Organisation of Nigeria (MARCON). He said that after assumption of duty, he discovered that a lot still needed to be done to improve port administration in the country. Amaechi said that the role of maritime industry in the economic, political as well as social development of any nation could not be over- emphasised. He said that the Federal Government was committed to building a virile and efficient platform that would advance the contribution of the maritime sub-sector to the growth of the nation’s Gross Domestic Products (GDP). Amaechi said that the contributions of the maritime industry would also serve as an alternative source of government revenue. “As we know, seaports are entrances and exit gates through which the trade needs of transit and landlocked countries are met. “The nation’s ports, therefore, provide the interface between land and sea and the most cost-effective mode of transportation,’’ the minister said. He said that prior to Port Reform of 2006 in Nigeria, ports services were characterised by inadequate funding, inefficiency, bureaucratic bottlenecks due to presence of multiple and uncoordinated security agencies. Amaechi said that the era of Public Private Partnership (PPP) had brought efficient port service, adding that there was an upsurge in cargo throughput and reduction in cargo dwell time. He said that the concessioning era had improved Vessel Turnaround time, adding that it had also improved ports infrastructure, upgrading and Greenfield development. Amaechi said that in spite of the tremendous development in the port sector, there was still need to make Nigerian ports cost effective to attract more business. He said that the present administration had realised that the maritime sub-sector globally was largely private sector- driven. The minister said that government would provide the appropriate policy and regulatory framework to improve investment and safeguard the nation’s waterways.






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