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Home Business & Economy

Nigeria, British Ports Association Seal Deal to Modernize Maritime Sector

April 26, 2025
in Business & Economy
Reading Time: 2 mins read
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In order to boost port efficiency, the Nigerian Ports Consultative Council (NPCC) has finalized plans to establish a strategic partnership with the British Ports Association.

NPCC Chairman Bolaji Sunmola announced the initiative during the council’s quarterly meeting in Lagos, which also featured the inauguration of the inaugural Board of Trustees (BOT). The event, themed “Digital Information and Data Management for a Sustainable Marine and Blue Economy,” underscored the focus on modernizing Nigeria’s maritime sector.

Sunmola revealed that an NPCC delegation will visit London to explore innovative strategies for sectoral reform, emphasizing Nigerian seaports’ critical role in the economy.

He highlighted inefficiencies such as customs delays and regulatory gaps as barriers to productivity and investor confidence, stressing collaboration between government and private stakeholders as key to progress. The newly inaugurated BoT, he noted, would strengthen oversight and drive transformative solutions, with anticipated growth in council funding through stakeholder support.

NPCC Vice Chair Jean Chiazor Anishere, SAN, outlined recent institutional advancements, including a Memorandum of Understanding with the Nigerian Ports Authority (NPA), official registration with the Corporate Affairs Commission, and partnerships with entities like the Council for the Regulation of Freight Forwarding. She also confirmed NPCC’s participation in the 2025 Offshore Technology Conference in Houston, Texas.

Representing the Nigerian Employers’ Consultative Association (NECA), Thompson Akpabio urged the BoT to champion impactful policies and legislation informed by industry and labor perspectives.

Professor Bamidele Badejo of Lagos State University addressed gaps in marine data management, advocating for technology-driven frameworks to harness ocean resources while balancing data privacy and accessibility.

The BoT, inaugurated by retired Justice Folashade Bankole Oki, includes prominent figures such as former Nigerian Shippers’ Council CEO Hassan Bello and business leader Chinwe Ezenwa. The council reaffirmed its commitment to fostering a resilient maritime ecosystem through innovation and collaboration.

WHAT YOU SHOULD KNOW

The NPCC’s initiatives represent Nigeria’s most coherent effort in decades to modernize its maritime sector. If executed effectively, these steps could unlock Nigeria’s blue economy potential.

However, the road ahead is fraught with challenges, from bureaucratic resistance to funding gaps.

ALSO READ TOP STORIES FROM VERILY NEWS

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