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2016 Budget: Transport Sector to be Manage Along the Line of Viability and Profitability-Amaechi

2016 Budget: Transport Sector to be Manage Along the Line of Viability and Profitability-Amaechi

 Minister of Transport, Mr. Chibuike Rotimi Amaechi says   the  Federal Government  would develop the nation’s transport sector  along the line of viability, profitability  and effectiveness.

The minister said at the 2016 Budget defence to the Senate Committee on Marine Transport, that improved operational efficiency of the Ports and would  increase ;   in cargo throughput; improved provision and maintenance of Port terminal   infrastructure.

According to him, government would focus attention on six agencies under Authority, these include, Nigerian Maritime Administration and Safety Agency (NIMASA); National Inland Waterways Authority (NIWA); Nigerian Shippers Council (NSC) and Maritime Academy of Nigeria (MAN) Oron, as well as Council for the Regulation of Freight Forwarding in Nigeria (CRFFN).

The following Agencies viz: NIWA, MAN Oron and CRFFN derive their funding from both the National Budget as well as their Internally Generated Revenues (IGRs). In the case of the NPA and NIMASA, they rely exclusively on their IGR to fund their budgets, while the NSC gets its funding from the IGR and 2% Port Development Levy (PDL) paid by shippers and collected by the Nigeria Custom Service on behalf of the NSC.

Amaechi said that the government would    scale effort and  deepen  of Port channels and berth draughts has enabled the reception of larger vessels in Apapa, Tin Can Island and Onne ports through the establishment of Joint Venture Companies with Channel Management Companies. According to him, efforts would be focused at the ; Availability of 24-hour operations in Lagos Port.

Automation of Port services through implementation of the Oracle e- Business Suite, Electronic Document Management System; Revenue Invoicing Management System (RIMS), e-Payment System; Electronic Ship Entry Notice (e-SEN), Customs NCIS Integration Platform and Port Control Management;    For the long term, the Federal Government is making concerted efforts towards ensuring the development of Deep Sea Ports in the Country.