Ivorian Ambassador to Nigeria , H.E Traore Kalilou  and MD, NPA, Mohammed Bello-Kolo  when the diplomat visited  at the Authority’s Headquarters in Lagos.  ... To Reap from AfCFTA, NPA  Prioritizes Non-Oil Export Trade

Ivorian Ambassador to Nigeria , H.E Traore Kalilou  and MD, NPA, Mohammed Bello-Kolo  when the diplomat visited  at the Authority’s Headquarters in Lagos.

 

The Nigerian Ports Authority (NPA) is giving priority to non –oil exports trade through the establishment of  export processing terminals, in order to take advantage of the opportunities under the African Continental Free Trade Agreement(AfCFTA).

Acting Managing director of Nigerian Ports Authority (NPA), Mohammed Bello-Koko made the disclosure while receiving a delegation from the Republic of Cote d’Ivoire who paid him a courtesy visit at the NPA corporate headquarters in Marina, Lagos.

Consequently, he entreated the government and Ivorian businesses to increase their share of trade with Nigeria.

He said NPA on behalf of the Federal Republic of Nigeria is ready to nurture the country’s economic relations with the Republic of Cote d’Ivoire, most especially in the areas of Port and shipping operations, in order to strengthen the capacities of both countries to participate competitively in global and regional trade.

The NPA Boss stated that the Nigerian Government under the able leadership of President Muhammadu Buhari has introduced far reaching reforms to facilitate cross border trade, particularly nurturing a multimodal port system to reduce the cost of shipments in and out of the country.

The Buhari administration has also invested heavily in major public infrastructure upgrades, including construction of modern rail lines and deep seaports, to boost the international competitiveness of the country’s trade as well as positioned Nigeria as gateway to the African economy, he said.

He informed the delegation that one of the greenfield Ports, the Lekki Deep Seaport capable of handling ultra large cargo vessels, is scheduled to commence business by the second quarter of 2022..

Bello-Koko assured the delegation that the NPA will do all that is required to address non tariff barriers and restrictions to trade between the two sister countries. He added that there is room for information sharing, just as both countries need to cooperate more in the areas of joint training of staff and technology transfer.

The NPA MD solicited the support of Republic of Cote d’Ivoire towards Nigeria’s candidate emerging as the next Secretary General of the Maritime Organization for West and Central Africa (MOWCA), considering the country’s status as a founding member and a major financial contributor.

In his address, the Ambassador of Cote d’Ivoire to Nigeria, H.E. Traore Kalilou described the bilateral relations between the countries as strategic, and that he looks forward to a review of existing agreements before the end of the year. He commended the NPA Management on its value adding interventions, which has raised the performance of the country’s supply chain.