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NPA, NLNG strengthen partnership to boost Nigeria’s Export capacity

Obah Sylva by Obah Sylva
January 22, 2025
in News
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NPA, NLNG strengthen partnership to boost Nigeria’s Export capacity
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In a bid to enhance Nigeria’s export capabilities, the Managing Director and CEO of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, hosted the CEO of Nigeria LNG (NLNG), Dr. Philip Mshelbila, at the NPA headquarters in Marina, Lagos, on Monday, January 20, 2025.

During the meeting, Dr. Mshelbila expressed NLNG’s gratitude for the NPA’s continued support, emphasizing the need for deeper collaboration as the company expands its liquefied natural gas production to meet rising global demand.

“We appreciate the invaluable role of the Nigerian Ports Authority in facilitating our operations, and we look forward to an even stronger partnership to maximize export opportunities,” Dr. Mshelbila stated.

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Dr. Dantsoho assured NLNG of the NPA’s unwavering commitment to supporting the Federal Government’s export-oriented agenda, as directed by the Honourable Minister of Marine and Blue Economy, Alhaji Gboyega Oyetola.

Read also: Reoccurring civilian casualties, questioning Military competency amidst gains

“NLNG has been instrumental in Nigeria’s economic development and export growth since its inception,” Dr. Dantsoho noted. “With the Honourable Minister’s mandate to bolster Nigeria’s export operations, we are dedicated to strengthening this partnership and driving further economic gains.”

Nigeria’s foreign trade report, released by the Nigerian Economic Summit Group (NESG), revealed a trade surplus of ₦5.81 trillion (approximately $3.7 billion) in the third quarter of 2024. This achievement was largely attributed to exports facilitated through the Nigerian Ports Authority, highlighting the critical role of NPA’s infrastructure in sustaining the nation’s economic momentum.

As NLNG scales up its production capacity, the synergy between the two organizations is expected to position Nigeria as a global hub for LNG exports, reinforcing its economic resilience and opening up new avenues for trade and investment.

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