During the inauguration of security patrol boats in Apapa, Lagos State, the Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed that the necessary funds amounting to $1.1 billion for the rehabilitation of ports across the nation were nearing readiness.
The Nigerian Ports Authority (NPA) had previously stated its intention to invest over $800 million in the first quarter of 2024 for the revitalization of all ports in Nigeria.
The Managing Director of NPA, Mohammed Bello-Koko, highlighted this initiative during the 43rd Annual Council Meeting of the Port Management Association of West and Central Africa in Lagos, emphasising the urgent need for rehabilitation, starting with Tincan Island and Apapa Ports in Lagos.
Oyetola underscored the importance of modernising ports to align with global standards, aiming for enhanced efficiency and competitiveness. He lauded the forthcoming rehabilitation efforts, expressing readiness to commence the process soon.
Commending the NPA’s proactive measures in enhancing maritime security, Oyetola emphasised the significance of prioritising security for the full realisation of the blue economy’s potential.
Bello-Koko reiterated the NPA’s commitment to improving maritime safety and security, emphasising the agency’s role in transforming Nigeria into a maritime logistics hub and ensuring compliance with global standards as per the Federal Government’s priorities.
The launch of security patrol boats signifies NPA’s dedication to continuous improvement, striving to translate strategic intentions into tangible outcomes for sustainable port services in Africa.
