• Contact Us
  • About Us
Thursday, June 4, 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

Nigeria needs deep ports to attract bigger vessels –NSC boss

metro by metro
June 27, 2019
in News
0
0
SHARES
0
VIEWS

The Executive Secretary, Nigerian Shipper’s Council (NSC), Mr Hassan Bello, says Nigeria needs deep sea ports to attract bigger vessels and boost the economy.

Bello stated this at a One-day seminar organised by the council for members of Abuja Transport and Aviation Correspondents Association (ATACA) on Thursday in Abuja.

Read Also

Six Burnt To Death In Adamawa Auto Accident

US House votes for measure that would end Iran war, in blow to Trump

US Cuts Visa Processing Centres In Africa, Retains Lagos Embassy,  Excludes Abuja Office 

He said the Apapa and Tin Can ports were already over stretched to accommodate the number of cargoes that currently comes into the country.

According to him, the depth of Apapa port is about eight to nine metres which is not deep enough to accommodate large vessels.

He said if Nigeria could develop more deep sea ports, the country would become a hub in the West African sub-region.

“The Vice President has said that Nigeria will develop deep sea ports.

“The advantages are clear, Apapa and Tin Can are water ports, they don’t have the depth that others have.

“Apapa and Tin Can are nine meters deep, while in Togo we have ports with 15 meters because they are natural ports.

“In Apapa and Tin Can, you have to dredge almost all the time, you have to maintain a capital dredging so that you will have depth of about eight meters.

“And this means bigger ships cannot come and then the economic of scale means you will be serviced by less containers.

“But if you have deep sea ports, it’s a natural port, in Lekki we could go up to 15 meters.

“So Nigeria will be the hub, bigger ships will come with more containers to service other places and it can be a hub for other countries if we get our efficiency right,” he said.

Bello also said that Nigeria lost N9 billion dollars annually to foreign shipping lines because of absence of a viable flag carrier and indigenous shipping lines.

He said there was need to have a national carrier to avoid such huge capital flight or revenue loss to foreign shipping companies.

He added that employment creation was another advantage of having a national shipping line.

“If we do that, we are going to have that nine billion dollars that is coming to Nigeria’s economy, you can imagine the effect that it will have.

“We need to see ships flying Nigerian flag, so it is not rocket science, it is not re-inventing the wheel because this has happened, what we want is private sector participation.

“The private sector should lead the way and what the committee for the fleet implementation is doing, is to create investment climate so that investors can come and make it a worthwhile venture,” he said.

Tags: Nigerian Shippers CouncilNSC
Previous Post

Court fixes Oct. 8 for Pinnacle’s N1bn Suit against ICPC, Zenith bank

Next Post

ASUU urges transparency in new VC selection

Related Posts

Six Burnt To Death In Adamawa Auto Accident
News

Six Burnt To Death In Adamawa Auto Accident

June 4, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

US House votes for measure that would end Iran war, in blow to Trump

June 4, 2026
China, US Debt Woes May Dominate G7 Finance Chiefs’ Talks
News

US Cuts Visa Processing Centres In Africa, Retains Lagos Embassy,  Excludes Abuja Office 

June 2, 2026
Trump
News

Trump’s ‘Weaponization’ Fund Puts On Hold After Fierce Opposition From Congress

June 2, 2026
Next Post

ASUU urges transparency in new VC selection

Abbey Transitions To Commercial Bank Amid Calls For More Affordable Housing

Abbey Transitions To Commercial Bank Amid Calls For More Affordable Housing

June 4, 2026
Poland Score Late To Force Draw Against Nigeria In Friendly Match

Poland Score Late To Force Draw Against Nigeria In Friendly Match

June 4, 2026
Six Burnt To Death In Adamawa Auto Accident

Six Burnt To Death In Adamawa Auto Accident

June 4, 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