Reps probe rots in NPA, Inland waterways
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this explains why there is so much congestion at the lagos port. if we must make the expected progress in our maritime sector all available resources must be accountably and prudently managed to meet the various demands for improved infrastructure he said2 in this regard it has been observed that over the years the nigerian maritime industry has failed to attract the required local and foreign investment inflow that is proportionate to its contribution to both the nigerian and west african economy despite its great potential and enormous investment opportunities2 this is really not acceptable2 the investigative hearing was necessitated by seven maritime related motions on issues relating to guaranteed minimum tonnage at the nigeria ports extra budgetary spending and other financial improprieties by terminal operators and service providers engaged by the nigerian ports authority2 the factors he said include alleged arbitrary increases in charges by terminal operators inefficient collection and accounting procedures and contract repetitions and payment of huge commissions to service providers compared to remittances to the federation account among others2 others are abandonment of dredging projects by companies so contracted even after allegedly receiving payments and alleged illegal disposal of lands and properties belonging to the nigerian ports authority and the national inland waterways authority of nigeria. nan2 reports have it that the lagos water channel is about 14.5 meters deep while the port harcourt and calabar channels are less than 10 meters deep which limits their capacity to receive big cargo ships1 interestingly major competitors in the west african region such as the port of lome in togo port of dakar in senegal and the port of cotonou in benin republic all deliver better efficient services than the nigerian ports1 the speaker further highlighted other factors militating against the development of the maritime sector1 for instance if we have cargoes going up north to places such as kaduna kano and maiduguri such cargoes would not need to go through lagos which is already so congested1 according to him if these allegations are anything to go by we can understand why the sector has recorded persistent decline in performance and economic growth over the years1 the speaker pointed out that these are serious allegations which need to be looked into1 some of the problems that have been identified as the reasons the nigerian ports are performing so poorly he said include bad infrastructure high cost of doing business and low draught at a lot of our major waterways1

Nigerias ports drop in global rating
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this explains why there is so much congestion at the lagos port. if we must make the expected progress in our maritime sector all available resources must be accountably and prudently managed to meet the various demands for improved infrastructure he said2 the factors he said include alleged arbitrary increases in charges by terminal operators inefficient collection and accounting procedures and contract repetitions and payment of huge commissions to service providers compared to remittances to the federation account among others2 the investigative hearing was necessitated by seven maritime related motions on issues relating to guaranteed minimum tonnage at the nigeria ports extra budgetary spending and other financial improprieties by terminal operators and service providers engaged by the nigerian ports authority2 in this regard it has been observed that over the years the nigerian maritime industry has failed to attract the required local and foreign investment inflow that is proportionate to its contribution to both the nigerian and west african economy despite its great potential and enormous investment opportunities2 this is really not acceptable2 others are abandonment of dredging projects by companies so contracted even after allegedly receiving payments and alleged illegal disposal of lands and properties belonging to the nigerian ports authority and the national inland waterways authority of nigeria. nan2 others are abandonment of dredging projects by companies so contracted even after allegedly receiving payments and alleged illegal disposal of lands and properties belonging to the nigerian ports authority and the national inland waterways authority of nigeria1 dogara also commended the executive arm and particularly the managements in the maritime industry for their efforts to reposition the nigerian maritime industry for improved service delivery and enhanced contribution to economic growth1 according to him i must say that the maritime industry in nigeria is yet to attain the desired and expected status of becoming the hub for international freight and trade in west africa1