The Nigerian Ports Authority (NPA) has emerged as a leader in driving business reforms in the country. The NPA’s dedication to streamlining processes and improving efficiency has been recognized by the Presidential Enabling Business Environment Council (PEBEC).
NPA Achieves 100% Score in PEBEC Cohort 3
PEBEC recently concluded its Cohort 3 program, which assessed the efforts of various government agencies in improving the business environment. The NPA emerged as a top performer, achieving a perfect score of 100%. This recognition highlights the agency’s commitment to driving positive change.
Focus on Export Processing Time Reduction
One of the most significant reforms implemented by the NPA is the reduction in export processing time. Benchmarking against competing jurisdictions, the NPA has successfully cut processing times from an average of 10 days to a range of 3-5 days. This improvement depends on the arrival of the lifting vessel.
Broader Reform Agenda Promises Efficiency Gains
Beyond export processing times, the NPA has embarked on a broader reform agenda aimed at enhancing transparency, reducing costs, and streamlining various processes. These reforms are expected to have a far-reaching impact on the overall effectiveness of Nigerian ports.
Leadership Praised for Reform Success
The Managing Director of the NPA, Mohammed Bello Koko, attributed the agency’s success to the strong leadership of the Minister of Marine & Blue Economy, Alh Adegboyega Oyetola. He also commended the support of the NPA’s Executive Management, Senior Management, and the BFA Reform Team.
The Ministry of Marine and Blue Economy also received recognition as the Best Performing Ministry in driving PEBEC reforms. This achievement underscores the collaborative effort behind the reform agenda in the maritime sector.
The NPA’s commitment to business reforms is a positive step towards creating a more efficient and competitive business environment in Nigeria. These improvements will benefit businesses involved in export and contribute to the overall growth of the maritime industry.
