shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Inland Dry Ports Tool To Harnessing AfCTA Gains—Hassan Bello

Inland Dry Ports Tool To Harnessing AfCTA Gains—Hassan Bello

by Joshua
October 18, 2020
in Uncategorized

The Executive Secretary of Nigerian Shippers’ Council (NSC) Mr. Hassan Bello has described the creation of Inland Dry Ports as a significant tool that can be used to harness the gains of the African Continental Free Trade Agreement (AfCTA)

Bello spoke over the weekend when the Governor of Kano State Dr. Abdullahi Umar Ganduje visited the NSC corporate headquarters in Lagos for the actualization of the Dala Inland dry port in Kano

The NSC boss said Nigeria needs to get ready to receive and utilise inland dry ports, describing it as key to harnessing the gains of AfCTA

He informed that the Free Trade Agreement is the largest single market accounting for about $4trillion in spending and investment across 54 countries, which would cover 1.2billion people in Africa, and over $3billion in GDP

He explained that by 2050, AfCTA would expand the economy of Africa to $29trillion and as well boost intra-African trade which is currently at 18% to 52%.

Bello informed that currently, trade among European country is at 70%, while in North America it is at 49% and in Asia they have 35%.

He however said in Africa, the continent has only 18%, but said with the introduction of the AfCFTA, Africa trade would go up to 52%, but said the benefit would depend on infrastructure stating that currently, Africa have a deficit of infrastructure of over $100billion.

According to him, "The Free Trade Agreement is the largest single market accounting for about $4trillion in spending and investment across 54 countries, it would cover 1.2billion people in Africa, and over $3billion in GDP"

 "By 2050, it would expand the economy of Africa to $29trillion, it would boost intra African trade which is currently at 18% to 52%"

"In Europe, the trade amongst themselves is 70%, in North America it is 49% while in Asia they have 35%. But in Africa, we have only 18%. However, with the introduction of the AfCFTA, we would go up to $52%, but the benefit would depend on infrastructure currently, Africa has a deficit of infrastructure of over $100billion.

“However with the introduction of the AfCFTA, we will go up to 52 per cent but the benefit will depend on infrastructure.

“Currently, Africa has a deficit of infrastructure of over $100 billion,” he said.

 


Related Posts

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

June 30, 2025
Meningitis: Death Toll In Kebbi Hits 56 – Govt 

Meningitis: Death Toll In Kebbi Hits 56 – Govt 

March 24, 2025
Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

January 8, 2025
PHOTO NEWS: SIFAX Thanksgiving and Night of Praise 2.0

PHOTO NEWS: SIFAX Group Thanksgiving and Night of Praise 2.0

December 18, 2024

Discussion about this post

Latest News

People & Places To Watch In The Maritime Industry In 2025

FRONT PAGE COMMENT: Adewale Adeniyi: Two Years of Steady Hands at the Helm of Nigeria Customs

June 30, 2025

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

Tinubu Hails Customs CG’s WCO Council Election

FG To Begin Boat Manufacturing, Phase Out Rickety Vessels –Shippers Council

Nigerian Exporters Reject AfCFTA over Poor Infrastructure, Dollar Dependence, Policy Gaps  

Stakeholders Decry Power Tussle Over Wreck Removal, Demand Transparency from NIMASA on Sea Protection Levies 

LASWA to Introduce 70 Electric-Powered Boats to Enhance Waterway Safety, Targets 100,000 Daily Passengers

For The Sake Of Nigerian Seafarers

INTERVIEW: “Nigeria has a very good chance of winning the IMO Council seat”—Dr. Paul Adalikwu

Mawani Grants SGP Four 20-Year Port Concessions

Ningbo-Zhoushan Container Volumes Hit New Record In H1

IMO Agrees To Start Revision Of Outdated Regulations For Nuclear-Powered Ships

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver The liver is a vital organ located in the right upper abdomen, playing a crucial role in metabolism, detoxification, and digestion. It’s the largest solid organ in the body and is responsible for filtering blood, maintaining blood sugar levels, regulating clotting, and synthesizing essential proteins. The liver also stores energy, removes toxins, and produces bile, which aids in digestion Liver functions: · Metabolism and Detoxification: The liver processes nutrients from the blood, breaks down and balances them, and creates essential substances for the body. It detoxifies harmful substances like drugs and alcohol, converting them into less toxic forms for excretion. The liver plays a role in the metabolism of proteins, carbohydrates, and fats. It stores glycogen (a form of glucose) and vitamins, releasing them when the body needs them. · Digestion: The liver produces bile, which is stored in the gallbladder and released into the small intestine to help digest fats. Bile also helps in the absorption of fat-soluble vitamins. · Blood Regulation: The liver regulates blood sugar levels by storing and releasing glucose. It synthesizes clotting factors, which are essential for blood clotting. It removes old red blood cells and processes bilirubin, a byproduct of red blood cell breakdown. · Other Functions: The liver plays a role in immunity, helping to fight off infections. It produces proteins that are involved in the immune response. The liver also stores iron and other essential minerals. Frequently Asked Questions About The Liver · What are the first signs of a bad liver? The initial signs of liver problems can be vague and subtle, often including fatigue, nausea, and loss of appetite. As the liver’s condition worsens, more specific symptoms may emerge, such as jaundice (yellowing of the skin and eyes), itchy skin, dark urine, and light-colored stools. Abdominal pain, especially in the upper right quadrant, can also indicate liver issues. · Where do you feel liver pain? Liver pain is typically felt in the upper right abdomen, just beneath the rib cage. It can manifest as a dull, throbbing pain, a stabbing sensation, or a general feeling of discomfort in that area. In some cases, liver pain might be felt as an ache in the right shoulder or back. · What does liver pain feel like? How liver pain feels can vary from person to person, depending on the cause. However, most people often develop one or more of the following symptoms: Dull, persistent aches in the upper abdomen A feeling of fullness or bloating Sharp, stabbing pains that come and go Tenderness when the upper abdomen is touched · What is the best way to cleanse your liver? If you haven’t been working out, start indulging in a regular exercise regime to allow the toxins to come out of your body. Yoga, going running, hitting the gym, or a simple sauna session can also prove effective. If you want a natural liver cleanse, sweating is the way to go. · How to know if the liver is swollen? What are the symptoms of an enlarged liver? You likely won’t notice an enlarged liver on your own. In some severe cases, you might notice a feeling of bloating or fullness in your belly or an ache in your upper right abdomen. · What is the best drink to flush your liver? Many citrus fruits, including lemon, can be added to water to help stimulate and flush out the liver. Lemons are high in nutrients like vitamin C and antioxidants

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition