Headlines
Nigeria collaborates with Cote D’ivoire over maritime trade relations
Acting Managing director of Nigerian Ports Authority (NPA), Mohammed Bello-Koko, made the disclosure while receiving a delegation from the Republic of Cote d’Ivoire who paid him a courtesy visit at the NPA corporate headquarters in Marina, Lagos.
The NPA boss stated that the Nigerian Government under the leadership of President Muhammadu Buhari has introduced far-reaching reforms to facilitate cross-border trade, particularly nurturing a multimodal port system to reduce the cost of shipments in and out of the country.
“The Buhari administration has also invested heavily in major public infrastructure upgrades, including the construction of modern rail lines and deep seaports, to boost the international competitiveness of the country’s trade as well as position Nigeria as the gateway to the African economy,” he said.
He informed the delegation that one of the greenfield Ports, the Lekki Deep Seaport capable of handling ultra-large cargo vessels, is scheduled to commence business by the second quarter of 2022.
He assured the delegation that the NPA will do all that is required to address non-tariff barriers and restrictions to trade between the two sister countries.
The NPA MD solicited the support of the Republic of Cote d’Ivoire towards Nigeria’s candidate emerging as the next Secretary-General of the Maritime Organization for West and Central Africa (MOWCA), considering the country’s status as a founding member and a major financial contributor.
In his address, the Ambassador of Cote d’Ivoire to Nigeria, H.E. Traore Kalilou described the bilateral relations between the countries as strategic, and that he looked forward to a review of existing agreements before the end of the year.
Headlines
Tinubu swears in new IGP, Tunde Disu on Wednesday as Police council endorses his appointment
Headlines
Maersk’s suspension of shipping operations through Strait of Hormuz raises anxiety among Nigerian importers
“We are suspending all vessel crossings in the Strait of Hormuz until further notice,” the Danish group said in an online advisory.“The safety of our crews, vessels and customers’ cargo remains our key priority,” it said.
Iran’s Revolutionary Guard had earlier announced the Strait’s closure.
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NRC hosts Rotary Club on mobile train

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