Home Maritime NPA Commits to Ease of Doing Business at Port

NPA Commits to Ease of Doing Business at Port

Obafemi Hamzat (l) deputy governor of Lagos State, in a handshake with Mohammed Bello Koko, managing Director of Nigerian Ports Authority, while Magdalene Ajani (m) permanent secretary of Federal Ministry of Marine & Blue Economy, on the sidelines of the reception of MV "Great Lagos" recently acquired by Grimaldi Group, owners of Port Terminal Multi Services Limited (PTML) in Lagos on Monday.

The Nigerian Ports Authority (NPA) has restated its commitment to promoting the ease of doing business at the nation’s ports to optimise the rich blue economy inherent in the maritime sector of the economy.
Mohammed Bello Koko, the Managing Director of NPA said this at the maiden voyage of MV “Great Lagos”, to Nigerian Port in Lagos.

Congratulating and commending the Grimaldi Group for the landmark acquisition of the G5-class vessel, Bello Koko said NPA’s port modernisation project and ongoing reform initiatives at the ports are part of complementary efforts towards effective port operations and ease of doing business.
“Apart from the high loading capacity and several other distinctive features of this vessel, we are fascinated by the great attention to the environmental impact that was infused into its construction,” he said.

On the features of the G5-class vessel, Bello Koko said: “The very fact that this G5-class vessel is technologically equipped to reduce CO2 emissions per transported tonne up to 43 percent ahead of previous classifications gives us great delight as it signposts the seriousness of Nigeria’s commitment to the dictates of the 2023 International Maritime Organization’s (IMO) Green House Gas (GHG) Strategy, which envisages a reduction in the carbon intensity of international shipping by at least 40 percent by the year 2030.

He reiterated that the Authority’s port modernization project and ongoing reform initiatives around our port operations are cognizant of the impact of the global energy transition, and we have deliberately factored in measures that promote energy efficiency.

“Coming immediately after the launch of her sister ship “Great Antwerp, the christening of this vessel “Great Lagos” symbolises the fact that the Nigerian business environment is progressively getting better.
Bello-Koko said that forward-looking investments such as the “Great Lagos” vessel would certainly have a big impact on the economy in the long run.

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