NPA projects 30% growth in trade volume by 2030

NPA projects 30% growth  in trade volume by 2030

• Stakeholders push for port modernisation

The Nigerian Ports Authority (NPA) has projected a 30 per cent growth in trade volume by 2030 given ongoing improvements in port infrastructure.

The Managing Director of NPA, Abubakar Dantsoho said this, highlighting the potential of the maritime sector to generate over one million jobs by 2028 and double its contribution to the gross domestic product (GDP) from 1.5 per cent to three per cent by 2035.

Dantsoho stated this yesterday in Lagos at the Association of Maritime Journalists of Nigeria (AMJON) 2024 yearly conference and awards.

Dantsoho, who was represented by the Port Manager, Lagos Port Complex, Adebowale Ibrahim, unveiled a strategic plan aimed at revolutionising the country’s maritime sector, projecting significant trade growth, job creation and economic contributions in the coming years.

He said the growth…
Read More

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *