Tag: Marine and Blue Economy

  • NPA, Dangote to deepen maritime sector, expand export operations

    NPA, Dangote to deepen maritime sector, expand export operations

    Nigerian Ports Authority (NPA) and Dangote Industries Ltd. (DIL) have collaborated on developing the Marine and Blue Economy sector, with a focus on expanding the nation’s export operations.

    General Manager, Communication and Strategy, NPA, Okechukwu Onyemekara, disclose this after a courtesy visit by DIL President, Alhaji Aliko Dangote, to NPA Headquarters, in Lagos on Monday.

    Mr. Onyemakara said in a statement that Dangote elaborated on efforts to expand export products outside Nigeria.

    He said that the company would soon expand its export operations, adding that its cement factory at Itori had already started cement exportation.

    Dangote said that the Itori cement factory had six million tons of cement designated for export.

    “In the next couple of weeks, we will start exporting coal out of Nigeria. Our fertilizer export will almost be like eight cargos.

    “The refinery operations will not export less than 25 million tons of various products.

    “We will also be exporting almost about 600,000 to 700,000 metric tons of polypropylene. So when you are talking about export, we are going to be very big.

    “In the next two years, we will be exporting about 16,000 tons of fertilizer. 16,000 tons of fertilizer, it’s actually about $6.5 million to $7 million revenue that will be coming into the country on a daily basis,” Dangote said.

    He said that as part of its export program, DIL will be the major supplier of foreign exchange earnings in Nigeria, and that the operations of Nigerian ports would double in the next two years.

    Dangote promised to frequently highlight the port situation to enable the Federal Government to consider NPA for necessary support.

    He commended NPA for encouraging export at the various ports across the country.

    “The interaction between NPA and DIL is very important for the growth of the industry and to deepen the Marine and Blue Economy, and we have agreed to collaborate for the benefit of Nigeria.

    “The size of our own operation at Lekki alone is going to be almost 240 ships of crude, with each ship carrying one million crude each. And then we’ll have products that will amount to over 600 ships in a year.

    “Then we also have our fertilizer operation, which will be loading almost eight ships. This is an operation that has never, ever been seen in the country,” Dangote said.

    He explained operational challenges with export, adding that he hoped they would be resolved and that they would be able to deliver with the present leadership of NPA.

    Dangote said that their operation could falter if the company was not given the necessary requirements needed for their operations.

    He acknowledged the need for the Federal Government to support NPA with more equipment such as tugboats, among others.

    In his remark, the Managing Director of NPA, Dr Abubakar Dantsoho, thanked Dangote for commending the authority for the benefits of the Naira for Crude sale policy of the Federal Government.

    Dantsoho also praised Dangote for appreciating the establishment of the One Stop Shop policy on the Naira for Crude deal, being coordinated by the Nigerian Port Authority.

    “Dangote appreciated the fact that the government initiative has contributed immensely to achieving more efficiency in the area of transactions and operations among Nigerian government agencies.

    “This is something that started on the 1st of October 2024, and so far, we have treated or operated over 57 vessels every month.

    The projected volume that Dangote is looking at per annum is 600 vessels.

    “If you do 56, 57 vessels into 12 months, you will see that we are already doing bigger than the projection. We will continue to do our best with support from government,” Dantsoho said.

    “The last time government built a new port in Nigeria was 1977, which was Tin-Can Island Port. There is already an approval for the port modernisation of both Tin-Can and Apapa ports.

    “We are looking at maybe the third quarter of this year to commence construction, which is on the brownfield development.

    “On the greenfield part, we have deep seaport development projects that have already been approved by the Federal Executive Council. We have Ibom Port, Bakasi Port, Olokola, Ondo Port, and Badagry in Lagos.

    “These are new ports that the government is concerned about. Very soon, we’ll begin to see that these ports will become reality,” Dantsoho said.

    NPA boss said that 95 per cent of cargoes approved through the National Single Window established by the government were ready for the Port Community System.

    He urged other government agencies to collaborate to enhance port efficiency, adding that other sectors of the economy would witness progress as well. 

  • Oyetola assumes office as Minister, Marine and Blue Economy

    *Pledges Responsible Management and Utilisation of Marine Resources

    The newly appointed Minister of Marine and Blue Economy, Adegboyega Oyetola, has assumed office with a pledge to build a responsible management that will ensure efficient utilisation of the nation’s marine resources.

    Oyetola who made this known on assumption of duty at the Ministry in Abuja expressed happiness at the honour accorded by Mr President to champion and chart a course for the the growth of marine resources, urging the management team to support him to deliver on Ministerial mandate.

    Oyetola observed that regarding the size of Nigeria’s blue economy, it cannot but be a significant player in the sector which is estimated to be about a $3 trillion globally.

    Furthermore, he said the blue economy has the capacity to contribute immensely to revenue generation and provide jobs for the unemployed, hence the need to properly harness it.

    Speaking on fostering and facilitating trade by making our inland waterways navigable, Oyetola said: “We must come up with practicable ways of ensuring that our Inland rivers and waterways are properly utilised, both in terms of cargo shipment and passenger transportation and this can be done by embarking on a wholistic dredging campaign for most of our strategically important waterways so as to make them navigable for the passage of goods and people”.

    In her welcome speech, the Permanent Secretary, Federal Ministry of Marine and Blue Economy/Transportation, Dr. Magdalene Ajani, promised a smooth working relationship with the Minister, stating that together they can move the Marine and Blue Economy forward and make it more impactful to the economy of Nigeria.

    Speaking on efforts made thus far, the Permanent Secretary stated: “We have done a bit in terms of Blue Economy in the country before now. There is a Committee that is being Chaired by the former Vice President working on the Blue Economy and there is an expanded Committee that brings in everyone that is within the waters, so now that we have a stand alone Ministry, we hope and desire that it will impact alot to the economy of the country and move our nation forward”