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    MarketForces Africa » MarketForces News » Reps Demand Restructuring of Terminal Operators, NPA Licensed Agents

    Reps Demand Restructuring of Terminal Operators, NPA Licensed Agents

    Marketforces AfricaBy Marketforces AfricaApril 18, 2024 News No Comments2 Mins Read
    Reps Demand Restructuring of Terminal Operators, NPA Licensed Agents
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    Reps Demand Restructuring of Terminal Operators, NPA Licensed Agents

    The House of Representatives Committee on Ports and Harbour has demanded the restructuring of Terminal Operators and Nigeria Ports Authority (NPA) Licensed Agents in the country.

    Rep. Nnolin Nnaji, Chairman of the committee, disclosed this at the interactive session with terminal operators and NPA licensed agents in Abuja on Thursday.

    “Our goal is to effect changes that will restructure the unique and high-tech sector and position it to strategically compete in the global space.

    “This sector is very dynamic and we must constantly review the standards, facilities and operational guidelines to keep pace with its obtainable global best practices,” he said.

    The lawmaker reiterated the committee’s readiness to ensure that the sector remained one of the best through appropriate legislation and oversight.

    “This is to bequeath to Nigerians, ports and harbours that are properly regulated and better managed for greater efficiency.

    “It is important to harmoniously promote the objective of professionalising the modus operandi of this sector to improve our country’s Gross Domestic Product and revenue generation. Naira Steadies as Banks Issue Update on FX Purchase

    “We intend to collaborate with relevant stakeholders in the industry to ensure that appropriate avenues are created for economic development,” he said.

    He said the committee was poised to make the ports a hub for better non-oil revenue generation, adding that the house would continue to support total rehabilitation and upgrading of ports, harbours and allied services.

    In her contribution, the Registrar and Chief Executive Officer, Council for the Registration of Freight Forwarders of Nigeria, Urunta Chinyere, advised terminal operators to adopt electronic mode of payment.

    “This is to reduce human interface in their operations,” the officer said.

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