RateCaptain
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
  • Contact Us
No Result
View All Result
Subscribe
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
  • Contact Us
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Calabar Port on course for economic prosperity- Port Manager

Rate Captain by Rate Captain
April 3, 2023
in Economy
Reading Time: 4 mins read
A A
0
Calabar Port on course for economic prosperity- Port Manager
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

Mr Festus Olumati, Port Manager, Nigerian Port Authority (NPA), Calabar Port, has said that the volume of vessels berthing at the Calabar Port has led to massive economic prosperity.

Olumati said this on Sunday in Calabar while on an oversight duty at the Port terminal where over four vessels were discharging their various cargos and petroleum product.

AlsoRead

Unjust Suspension of CBN Governor Raises concerns about the independence of the CBN

DSS Debunks CBN Governor Arrest Claims.

President Tinubu Suspends CBN Governor, Godwin Emefiele

The Port Manager said that one of the vessels, “MV Desert Unity”, berthed at the Port with 16,000 metric tons of wheat, while “MV Medi Bangkok” berthed with 18,251 metric tons of general cargo including cars, trucks and project pipes.

According to him, the other two vessels berthed at the Port with premium motor spirit, while others were still at the Calabar Fairway Bouy and ready to berth for discharge.

“Today is Sunday, but there is tremendous activities going on in the port. As you can see, Calabar Port is very viable and working at optimal capacity.

“In line with the mandate given to us by our able Managing Director, Mr Mohammed Bello-Koko, that the Eastern Port must work, I had to swing into action to make it a reality.

“Also, in line with the mandate of the MD, I went out of the box to hunt for cargos to come into Calabar. The high traffic we see here today at the port is as a result of the mandate given to us by our MD.

“For the past 10 years, we have never had it like this where over five vessels will be berthing and discharging back-to-back at the Calabar Port.

“Special thanks to the MD of NPA for giving us all the requirements to work and achieve result. All our submissions to him for the Eastern Port to work have been approved.

“For these vessels to come here, we had to ask for concessional rate from the MD of NPA for those who bring in cargos and he gave the approval,” he said.

He said that the Port management was utilising the concessional rate strategy to woo vessels to the Calabar Port.

He told members of the public and maritime operators that the Calabar Port was viable, visible and very reliable to use, adding that the Port has modern equipment to discharge cargos.

“As you can see, our workers are effective and efficient and everything is done perfectly. The commitment of staff of NPA and the Eco Marine Terminal workers is quite commendable,” he said.

On security, he said that recently, a detachment of marine police were deployed to the Port to ensure maximum security for the Port in synergy with the NPA police command and Port security officers.

Previous Post

Nigeria’s Public Debt Hits N46.25trn In Q4 2022 – NBS

Next Post

Nigeria’s Oil Production Was OPEC’s Biggest Increase in March – Reuters

Related News

Unjust Suspension of CBN Governor Raises concerns about the independence of the CBN

Unjust Suspension of CBN Governor Raises concerns about the independence of the CBN

by Rate Captain
June 10, 2023
0

President Tinubu's recent suspension of the Governor of the Central Bank of Nigeria (CBN), as reported earlier, has sparked concerns...

DSS Debunks CBN Governor Arrest Claims.

DSS Debunks CBN Governor Arrest Claims.

by Rate Captain
June 10, 2023
0

Following the sudden suspension of Central Bank of Nigeria (CBN) Governor Godwin Emefiele by President Bola Tinubu on Friday, unconfirmed...

President Tinubu Suspends CBN Governor, Godwin Emefiele

President Tinubu Suspends CBN Governor, Godwin Emefiele

by Rate Captain
June 10, 2023
0

President Bola Tinubu has taken the decision to suspend Mr Godwin Emefiele, the Governor of the Central Bank of Nigeria...

Nigeria Earned N25.64 Trillion from Oil Taxes in 12 Years.

Nigeria Earned N25.64 Trillion from Oil Taxes in 12 Years.

by Rate Captain
June 9, 2023
0

In a recent report titled "Tax-To-GDP Ratio," the National Bureau of Statistics (NBS) has unveiled staggering figures indicating that Nigeria...

Next Post
Nigeria’s Oil Production Was OPEC’s Biggest Increase in March – Reuters

Nigeria’s Oil Production Was OPEC’s Biggest Increase in March - Reuters

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Unjust Suspension of CBN Governor Raises concerns about the independence of the CBN

Unjust Suspension of CBN Governor Raises concerns about the independence of the CBN

June 10, 2023
DSS Debunks CBN Governor Arrest Claims.

DSS Debunks CBN Governor Arrest Claims.

June 10, 2023

Popular Story

  • Unjust Suspension of CBN Governor Raises concerns about the independence of the CBN

    Unjust Suspension of CBN Governor Raises concerns about the independence of the CBN

    0 shares
    Share 0 Tweet 0
  • DSS Debunks CBN Governor Arrest Claims.

    0 shares
    Share 0 Tweet 0
  • President Tinubu Suspends CBN Governor, Godwin Emefiele

    0 shares
    Share 0 Tweet 0
  • Providus Bank Plc Announces Graduate Management Trainee Program 2023/2024.

    0 shares
    Share 0 Tweet 0
  • Nigeria Earned N25.64 Trillion from Oil Taxes in 12 Years.

    0 shares
    Share 0 Tweet 0
RateCaptain

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
?>