Nigerian Ports Authority Posts 2012 Results

Business & Finance

Nigerian Ports Authority Posts 2012 Results

The Nigerian Ports Authority in its yearly report of 2012 has witnessed increased empty Container throughput (TEUs) and laden Container throughput (TEUs) as against the same period in 2011.

Available statistics show that the empty Container stood at 1,575,194TEUs which showed an increase of 11% over the same period of 2011 figure of 1,413,276TEUs.

Laden Container throughput was 877,737TEUs, a rise of 7.4% over 2011 figure of 817,246TEUs.

Vehicle Traffic stood at 268,026 Units, a growth of 16% over 2011 figure of 231,423 Units.

There was an improvement in Berth occupancyrate; it was 44.9% in 2012, a rise of 4% over 44.5% rate of 2011.

In term of safety, there was no record of fire incident in all the ports in the Year under review. This is an evidence of efforts of the Management of NPA in ensuring that the right safety standards are entrenched in all ports activities.

The ever increasing result being posted in this regard could be attributed to continuous regular capital and maintenance dredging and the 100% completion of removal of the discovered critical wrecks in the channels.

The Managing Director NPA, Mallam Habib Abdullahi, has said that with the support of the Federal Government, the Authority will remain focused in constantly upgrading and improving port infrastructures in order to attract neighboring Countries transact business with NPA.

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Press Release, March 26, 2013