Stakeholders are calling for an urgent overhaul of port infrastructure to enhance efficiency and increase their attraction to both domestic and international trade partners.
They suggested adopting artificial intelligence (AI) in the management, extending operational hours to 24/7, investing in better equipment, reducing the multiplicity of regulations and streamlining operations to boost competitiveness.
With a coastline stretching 853 kilometers along the Atlantic Ocean, Nigeria hosts seven major seaports. Despite their strategic importance, the ports suffer from dilapidated infrastructure, prolonged cargo dwell times and extensive bureaucratic red tape, leading to significant shipment delays, inefficient systems and high operational costs.
The inefficiency and prohibitive costs at Nigeria’s ports have positioned them as the most burdensome in the West and Central African sub-region, deterring importers and encouraging the diversion of cargoes intended for Nigeria to neighboring countries with more efficient port operations.
Recalling recent developments, the Minister of Marine and Blue Economy, Adegboyega Oyetola,…
Guardian Nigeria
<
https://guardian.ng/saturday-magazine/travel-a-tourism/stakeholders-demand-ports-infrastructure-overhaul-to-end-inefficiency/
