To bridge existing import-export gap, the Nigerian Ports Authority (NPA) is to license Diamond Star Export and Terminals Limited and four others tomorrow.
NPA’s Managing Director, Mohammed Bello-Koko, made the disclosure yesterday in Lagos at the commissioning of Diamond Star Export Processing Terminal, Lilypond, Apapa.
He said: “In our effort to make Nigeria export competitive at the global market, this initiative is part of our commitment to implement the national action plan on agro export in line with Federal Government’s desire to diversify the national economy from oil export to non-oil export. “The Nigerian Export Promotion Council has served as our technical partner in this journey. We are currently working to integrate the Central Bank of Nigeria NXP . NPA is not unaware of export warehouses handling manufactured products in other locations. So, we are working with the Nigeria Customs Service export command to come up with modalities governing this aspect of export.
Bello-Koko continued: “For our terminal, operators, shipping companies and other stakeholders have been fully briefed on the procedures of ensuring success of the Federal Government national action plan on agro export. They have the responsibility to comply, as any action that hinders the operation of this terminal will be considered as sabotage and be treated accordingly. We will continue to encourage patriotic local investors.
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