Thursday, April 22, 2021
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street is a meeting point for technology, economy, and journalism.
No Result
View All Result
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street is a meeting point for technology, economy, and journalism.
No Result
View All Result

Nigerian ports recorded 2.2% cargo decrease in 2020 – NPA

*Eto app takes effect

Anozie Egole by Anozie Egole
February 27, 2021
in BUSINESS & ECONOMY, Front Page, Maritime
0
NCS intercepts N950m worth of pangolin scales, lion bones at Apapa
0
SHARES
7
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

The Nigerian Ports Authority has said that 78.5 million metric tonnes of cargo were handled between January and 2020 against the 80.2mmt handled in the comparative period of 2019, representing a decrease of 2.2 per cent.

Also, the electronic call-up application, Eto, takes effect today.

READ ALSO

U.S. to half GHG emissions by 2030

Research: 92% Kenyans vote for environmental protection

According to statistics on ports activities released by the agency on Friday, Nigeria’s six major seaports recorded sharp decline in all Key Performance Indicators, as cargo volumes recorded 2.2 per cent decline for the year ended December 31, 2020 compared to the figures recorded in the comparative period of 2019.

Read Also:

  • Why Nigeria's debt keeps increasing – Zakka
    Why Nigeria's debt keeps increasing – Zakka
  • CBN's FX restrictions and Nigerian consumers
    CBN's FX restrictions and Nigerian consumers
  • Establishing an advertising agency
    Establishing an advertising agency

The six seaports – Lagos Ports Complex Apapa, Tin Can Island Ports Complex, Onne and Rivers Ports both in Rivers State as well as Calabar and Delta Ports – also recorded sharp reduction in their vessel and container traffic to the tune of 6.6 per cent and 9.5 per cent respectively.

Also, 3, 972 vessels with a gross registered tonnage of 125.1mmt called at the ports within the review period against the 4,251 vessels with a GRT of 138.6mmt handled in the previous year.

The agency said the figure represented a decline of 6.6 per cent while the container traffic stood at 1.6 million Twenty-foot Equivalent Units as against the 1.8 million TEUs recorded in 2019, which represented a decline of 9.5 per cent.

The Managing Director of NPA, Hadiza Usman, blamed the decline on the downturn in the global economy occasioned by the outbreak of the Coronavirus Disease, which compelled many countries, including Nigeria, to lock down for several months to curtail the spread of the virus.

She, however, assured that the authority under her watch was doing everything humanly possible to make the nation’s seaports more efficient and globally competitive to achieve the hub status for West and Central Africa.

The MD cited the deployment of electronic call-up system, which officially takes effect today, February 27, 2021, for trucks and other articulated vehicles that lift and drop consignments at the port to curb the perennial traffic congestion on port access roads, thus making the seaports inefficient and cumbersome to operate in.

Under the new system, NPA established eight truck parks with a capacity of over 3,000 for a start and also developed an app codenamed ‘Eto’ in which truck drivers are expected to download and log to be called in from the parks into the ports on first come first served basis to pick and drop cargo as the case may be.

NPA has also directed shipping lines to develop empty container bays as part of measures to curb the menace whereby trucks laden with empty containers are parked on port access roads, thus worsening the congestion on the roads.

close
Subscribe to our newsletter and join thousands of readers of our financial, economic & investments news blog!
We don't spam with your email

Check your inbox or spam folder to confirm your subscription.

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn

Tags: Nigerian portsPort cargoVessels

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Anozie Egole

Anozie Egole

Related Posts

We recognise importance of energy efficiency – OPEC boss
ENVIRONMENT

U.S. to half GHG emissions by 2030

April 22, 2021
Nigeria, S’Africa, others face environmental risk lending – Moody's
ENVIRONMENT

Research: 92% Kenyans vote for environmental protection

April 22, 2021
CAC: N19bn generated in 2020 from registration fees
Maritime

Ogun Customs auctions N12bn goods in Q1

April 22, 2021
GTBank’s PBT drops by 7.77%
Companies

GTBank’s PBT drops by 7.77%

April 22, 2021
ASECNA, NIGCOMSAT, Thales Alenia to boost development of African aviation
Aviation

African aviation sector faces sanctions

April 22, 2021
Why Nigerian consumers prefer foreign goods
CONSUMER PERSPECTIVE

Why Nigerian consumers prefer foreign goods

April 21, 2021
Next Post
Nigeria govt, GenColock hornsover N13.2bn electricity invoice

Lagos SMEs can’t breathe under epileptic electricity

RECENT STORIES

We recognise importance of energy efficiency – OPEC boss

U.S. to half GHG emissions by 2030

April 22, 2021
Nigeria, S’Africa, others face environmental risk lending – Moody's

Research: 92% Kenyans vote for environmental protection

April 22, 2021
CAC: N19bn generated in 2020 from registration fees

Ogun Customs auctions N12bn goods in Q1

April 22, 2021
GTBank’s PBT drops by 7.77%

GTBank’s PBT drops by 7.77%

April 22, 2021
Canon launches five entry-level printers

‘Africa’s print market requires collaborations for growth’

April 22, 2021
Establishing an advertising agency

Establishing an advertising agency

April 22, 2021
ASECNA, NIGCOMSAT, Thales Alenia to boost development of African aviation

African aviation sector faces sanctions

April 22, 2021

TRENDING

  • CBN warns Nigerians against falling victim to cybercrime

    CBN’s FX restrictions and Nigerian consumers

    2 shares
    Share 0 Tweet 0
  • Blame govt for high cement price – Banjoko

    0 shares
    Share 0 Tweet 0
  • Why Nigeria’s debt keeps increasing – Zakka

    0 shares
    Share 0 Tweet 0
  • African aviation sector faces sanctions

    0 shares
    Share 0 Tweet 0
  • As controversy dogs Africa’s longest oil pipeline

    0 shares
    Share 0 Tweet 0
Financial Street is a meeting point for technology, economy, and journalism.

© Financial Street 2020. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS