By Seun Ibiyemi
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).
The Ministry of Marine and Blue & Economy also emerged as the Best Performing Ministry in the delivery of the reform activities.
In recognition of the dedication to driving the reforms, the Authority is 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 percent 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 include ensuring transparency, reduced costs, and streamlined processes.
The Managing Director, Mohammed Bello Koko, strongly commended the leadership role of the Honourable Minister of Marine & Blue Economy, Alh Adegboyega Oyetola, the support of the Executive Management, Senior Management, and the BFA Reform Team of the Authority, in achieving a comprehensive reform agenda for the port industry.