NPA Enhances Non-Oil Exports to Boost Forex Inflows

The Nigerian Ports Authority (NPA), under the leadership of Managing Director/Chief Executive Officer Dr Abubakar Dantsoho, is intensifying efforts to remove bottlenecks affecting Nigeria's non-oil exports. This initiative aims to expand export channels, improve cargo processing, and increase foreign exchange inflows into the economy.

Speaking at the 21st Abuja International Trade Fair, Dantsoho emphasized the need for efficient infrastructure and seamless supply chains to connect producers to global markets. He noted that the recent Federal Government approval to transfer management of Inland Dry Ports (IDPs) to the NPA would significantly benefit exporters in northern and central Nigeria, including Abuja, by reducing the need to transport raw commodities to coastal ports for clearance.

The NPA has also introduced dedicated export processing terminals to streamline activities such as sorting, packaging, and customs documentation. These measures are already supporting increased export activity, particularly in agricultural commodities and solid minerals, with notable growth in exports of cocoa, sesame seeds, cashew nuts, and hibiscus.