Why Nigeria introduced export terminals, dedicated cargo routes to increase non-oil trade – Dantsoho

The Managing Director of the Nigerian Ports Authority, NPA, Abubakar Dantsoho, has highlighted the reasons the Nigerian authorities introduced Export Processing Terminals and dedicated cargo transit corridors to fortify the country's non-oil export sector.

Speaking successful a statement, Dantsoho explained that the initiatives were designed to code logistical challenges, shorten export cargo processing clip and amended the competitiveness of Nigeria's non-oil exports.

He noted that the Export Processing Terminals were established and integrated to connection centralised services, including cargo processing, documentation and pre-gating arrangements, thereby reducing delays and making export procedures much efficient.

According to him, the NPA has besides enactment dedicated transit corridors into cognition successful concern with information and postulation absorption agencies to facilitate the creaseless proscription of export goods to seaports.

Dantsoho described the enlargement of non-oil exports arsenic a cardinal nationalist objective, noting that Nigeria indispensable accelerate economical diversification by transitioning from a mostly consumption-driven system to a large manufacturing and export-oriented economy.

He reiterated the Authority's committedness to strengthening Nigeria's planetary commercialized connections done continuous larboard infrastructure upgrades...