The Nigerian Ports Authority has emerged as one of the best agencies in the just-concluded Cohort 3 of the Presidential Enabling Business Environment Council (PEBEC).
In recognition of the dedication to driving the reforms, the NPA was acknowledged as “The Most Committed” agency with the highest number of reform activities—63—double the average number of activities for other MDAs and nonetheless achieved a 100% feat.
The impact of these reforms is far-reaching and will improve the overall effectiveness of the ports.
The most significant reform under cohort #3 is the reduction in export processing time after benchmarking against competing jurisdictions. The authority can reduce its processing time for exports from an average of 10 days to a timeline of 3-5 days, depending on the arrival of the lifting vessel.
Other reforms embarked on ensure transparency, reduced costs, and streamlined processes.
While addressing the press, the Managing Director, Mohammed Bello Koko, strongly commended the leadership role of the Minister of Marine & Blue Economy, Alh Adegboyega Oyetola, the support of the Executive Management, Senior Management, and the BFA Reform Team of the agency, in achieving a comprehensive reform agenda for the port industry.
The Ministry of Marine and Blue & Economy also emerged as the Best Performing Ministry in the delivery of the reform activities.