Thu 03.23.2017 | Time 21.52 hrs
       
              
 Press Releases
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DREDGING OF CALABAR CHANELS; KEY TO GREATER INVESTMENT POTENTIALS – EMMANUEL ADESOYE NPA BOARD CHAIRMAN. 
 
The chairman Board of Directors Nigerian Ports Authority, Emmanuel Adesoye has reassured Stakeholders and Investors that the Board aware of the vast potentials and opportunities abound at the Nation’s Seaport. Mr Adesoye said his team would do its best possible at ensuring that infrastructure such as the dredging of the Calabar Channels is looked into as quickly as possible to curb loss of revenue as well as attract foreign investors to the  country
 
The board, he opined would ensure that no stone is left unturned towards the actualisation of budgetary provision and implementation of the existing projects.
 
Speaking during an interactive session with Stakeholders whilst his maiden working tour of facilities at the Calabar Port, Adesoye urged all to ensure that there is the optimal  synergy towards achieving an efficient delivery of Port operations in view of the vast potentials the sector contribute to the nation’s economy, adding that the Board would ensure that our Sea Ports rightly take their place in the community of nations such as countries like South Africa and Egypt by making Nigeria  a hub in the sub saharan Africa. He however promised to ensure that Nigeria attains a TEU OF 10 Million from its present TEU of 1million which would in turn be compared with South Africa with a TEU of 4.8million and Egypt with a TEU of 8.8 million.
 
Earlier in his welcome address. The General Manager Eastern Ports Abdullahi Goje thanked the Chairman and Board members for visiting the Eastern Ports. He admonished the guests to assist through policies of diversification of the nation’s economy in view of the numerous potentials in the country in various government agencies and parastatals.
 
Goje frowned at the present scenario which made Nigeria a dependent nation where inferior goods are dumped in spite of the rich human and financial resources at our disposal. According to him. ‘’We need to move fast, diversify our lines of doing things''. The board he said would ensure that our Seaports are fully utilised through the exportation of farm produce and mineral resources for foreign exchange. 
 
Furthermore, the helmsperson called for the formation of a multinational joint Task Force in the Eastern Ports to curtail various acts of criminality such as Kidnapping and Piracy to attract investors in the long run in line with International best practices. He affirmed that the Eastern Ports axis is seen as a black spot within the International community hence the need to attain a level 1 security status just like the Lagos Ports to effectively stimulate trade facilitation with our neighbours such as Cameron, Congo, Sao tome.
 
He charged the visiting Chairman and the board to ensure the dredging of the Calabar channels for increased vessel patronage which would enhance revenue generation. At present, the Calabar port has a depth of 6 metres compared to Lagos with a depth of 13 metres. He regretted that this shallow depth has often led to the diversion of bigger Vessels to Lagos which has reduced the revenue generation in the Eastern Ports.Terminal visited by the Chairman and his team within the Calabar corridor include ECM, INTELS, Calabar Free Trade Zone as well as Shoeline Logistics.
 
The board chairman was accompanied on the tour of Port facilities by other members whilst the NPA management was represented by the General Manager Monitoring and Compliance, Edward Kabir as well as the Port Manager Calabar Port Mrs O. Olotu
 
 
M. K. Ajayi.
General Manager, Public Affairs 
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