The Nigerian Ports Authority (NPA) has given five private sector firms operating licences to run terminals solely dedicated to processing export containers
“Today, only five out of a total of eleven companies have met our stringent conditions and would be granted formal certification. The remaining six who hold provisional licenses would, unfortunately, be dropped at the end of this month if they fail to meet our standard,” Bello-Koko said.
While acknowledging the existence of export warehouses established by the Nigerian Export Promotion Council that are handling manufactured products, he said the NPA is working with the Export Command of the Nigerian Customs Service to bring up seamless modalities that will govern the terminals. Earlier, Customs Area acontroller, Lilypond Export Command, Compt. Mohammed Babandede, said promoting export is a potential that has been identified by the government in order to drive FX earnings.
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