Hadiza Bala Usman, MD, Nigerian Ports Authority.

Trade Relations: NPA, Port of Miami expect expanded economic gains from ties

The Nigerian ports Authority(NPA) and the Port of Miami, Miami Dade, United States of America have expressed hope of mutually beneficial commercial gains from its newly established trade relationship to facilitate trade and create opportunities for businesses.

The expression was made on Tuesday in Lagos at a trade forum for the promotion of bilateral and economic ties between Nigeria and the trade delegation from Miami Dade’s Office of Economic Development and International Trade and Port of Miami, conducted by the NPA.

In her address, the Managing Director of the NPA, Ms Hadiza Bala Usman, said that the trade forum served as a good platform to showcase the capabilities of the Nigerian ports system and the business opportunities available in Nigeria.

She said: “ …this trade forum is an important means through which to highlight the capabilities of our port system and the diversity of trade and investment opportunities inherent in Nigeria that will benefit the United States of America and in particular, Port of Miami.”

Represented by Prof. Abubakar Idris, the Executive Director Technical Services of the NPA, Ms Bala Usman expressed confidence in the Federal Government’s resolve to develop the Nigerian ports to handle increased imports and exports volumes, as Nigeria is reportedly the largest market in Africa.

Leader of the Miami Dade Delegation, Audrey Edmondson, in her remarks, said the expectations are targeted at increased trade volumes. She called on Nigerian business operators to take advantage of the opportunity of the collaboration.

The delegation’s presentation on the Port of Miami by the Port Director, Juan Kuryla, showed that the Management of the Port worked conscientiously to solve the problem of port congestion and has been boost its operations through a Public Private Partnership initiative.

Giving his presentation on behalf of the National Assembly, Sen. Ovie Omo-Agege highlighted that the Assembly’s primary interest is to ensure the provision of statutory frameworks for a more efficient maritime sector to international standards.

Speaking on the benefit passing of the Nigerian Ports and Harbour Authority(NPHA) Bill to the further development of the sector, Omo-Agege said: “The new NPHA law is a smart legal framework on responsible ownership, management, operation, development and control of Ports and Harbours in our nation.

“This updated law offers and guarantees the protection and comfort required for business success in the maritime industry. It is an open invitation to smart and organized global maritime investors to come to Nigeria to harness great opportunities.”

Presentations by the Manufacturers Association of Nigeria, and the National Association of Chambers of Commerce, Industry, Mines and Agriculture, called on government to upgrade infrastructure at the ports, to enable them give optimal services.

On business opportunities, Tee Ess Integrated Farms made presentations on the viability of running a small and medium scale fish farm and its export potential.

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