• Contact Us
  • About Us
Saturday, October 24, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Ports now more efficient with FG’s reform – Izuwah

metro by metro
February 16, 2018
in News
0
0
SHARES
0
VIEWS

NPAThe Infrastructure Concession Regulatory Commission (ICRC) has said that Nigerian ports were now witnessing more efficiency following the reforms of the Fedearl Government.

Mr Chidi Izuwah, Acting Director-General of the commission said this during an inspection tour of facilities of the Nigeria Port Authority (NPA) in Rivers state.

Read Also

Students, Trade Unions, Yellow Vests Set To Protest Across France

2027 Election Watch: New Referees, New Playbook — Tinubu’s INEC Nominees, APC Campaign Map Fuel Apprehension

US Military Weighs Use Of ‘Mother Of All Bombs’ In Potential Future Strikes On Iran, CNN Says

The acting DG said that the policy of Federal Government on port reform was achieving its targets which includes: increased efficiency, reducing cost of services to port users.

Izuwah said that there was now more competition in the provision of services adding that Nigerian port was fast becoming the hub for international shipping trade in the west and Central African sub- region.

He said that the aim of the inspection was to ensure that the mandate of ICRC with the Public Private Partnership (PPP) was in compliance and to ensure competent execution of all PPP contracts.

He said this was in line with the terms and conditions of such contracts.

“We are here to know if the regulatory policies put in place by Federal Government is working or not, we want to know issues or challenges leading to the “not work’’, he said.

The Acting DG however harped on the need for more and better security, stressing that without security in the water ways and land, the set goals on those policies would not be achieved.

“Investors can only go to cities or countries where their business will thrive, not where they are afraid of their lives and properties.

Izuwah called on all Nigerian to join in the campaign for peace and security in all communities and states to make the economy grow.

He commended the efforts of NPA Port Harcourt in taking positive steps towards ensuring that the obligations as specified in the contract were met.

Izuwah also applauded the administration of President Mohammadu Buhari for putting policies in place to ensure investors go about their businesses without unnecessary hitches.

In his speech, Mr Abubakar Umar, the Manager of NPA Port Harcourt said that there had been improvement in the services and activities in the Port.

Umar stated that the port had recorded more success since the year 2016 till date.

“The port have been busy with cargos coming in since 2016 than we used to have. More containers and cargo now come in through this port.

He also harped on the need for more security on the water ways.

“Yes there have been improvement in our activities in the port and it’s a great improvement but not to say that there have not been challenges.

“We have so many challenges facing us on daily bases which has to do with security of our staffs,  hijacking of vessels, dragging of the port, piracy and many more,’’ he said.

He however said that efforts had been put in place to tackle most of the challenges adding that the port had blocked areas of leakages, recorded increased revenue and recovered some debts.

Tags: Nigerian ports
Previous Post

Hackers steal $6m from Russian banks

Next Post

NB, Dangote Cement, others lift NSE index by 1.03 per cent

Related Posts

Students, Trade Unions, Yellow Vests Set To Protest Across France
News

Students, Trade Unions, Yellow Vests Set To Protest Across France

October 17, 2026
2027 Election Watch: New Referees, New Playbook — Tinubu’s INEC Nominees, APC Campaign Map Fuel Apprehension
News

2027 Election Watch: New Referees, New Playbook — Tinubu’s INEC Nominees, APC Campaign Map Fuel Apprehension

October 17, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

US Military Weighs Use Of ‘Mother Of All Bombs’ In Potential Future Strikes On Iran, CNN Says

October 15, 2026
INEC’s Exclusive Authority To Declare Results Does Not Prevent Parties From Publishing Same Obtained Through Electoral Process, Agbakoba
News

INEC’s Exclusive Authority To Declare Results Does Not Prevent Parties From Publishing Same Obtained Through Electoral Process, Agbakoba

October 14, 2026
Next Post
NSE

NB, Dangote Cement, others lift NSE index by 1.03 per cent

Popoola Calls For Connected Capital Pathways To Build Africa’s Next Business Champions

Popoola Calls For Connected Capital Pathways To Build Africa’s Next Business Champions

October 22, 2026
Half Of Americans Fear AI Could Put Someone In Household Out Of Work

Government Websites Go Dark After AI-Discovered Flaw Sparks Security Scramble

October 22, 2026
refinery

Oil Jumps $2 On Escalating Middle East Tension

October 22, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version