AFRICAN COUNTRIES MUST TRANSLATE MARINE COMPARATIVE ADVANTAGES TO ECONOMIC PROSPERITY – DANTSOHO

African Countries Must Translate Marine Comparative Advantages To Economic Prosperity – Dantsoho

The President of the Port Management Association of West and Central Africa (PMAWCA), Dr Abubakar Dantsoho, on Monday said there is an urgent need for African countries to translate their marine comparative advantages into opportunities for the collective prosperity of their respective countries.

Speaking at the PMAWCA Board of Directors and Ports Statisticians Network Meetings in Luanda, Angola, Dantsoho who is also the managing director of the Nigerian Ports Authority (NPA), stated that the sustainability of Africa countries rests heavily on the sustainability of their seaports.

According to the PMAWCA boss, apart from being linked by water, countries in West and Central Africa are linked by challenges and opportunities.

“The need to translate our marine comparative advantages into opportunities for the collective prosperity of our respective countries has never been more pressing than it is now.

“We must not lose sight of the fact that the demonstrated global leadership of ports in the contributions to the Sustainable Development Goals (SDGs), shows that the sustainability of the world especially Africa rests heavily on the sustainability of our Ports.

“As I stated last week in my engagement with the PMAWCA Women Network at the NPA headquarters in Lagos, apart from being linked by water, countries in West and Central Africa are linked by challenges and opportunities and With the increasing realization of the leverage that economic cooperation confers in the international arena, we will be doing great disservice to ourselves if we fail to maximize this unity through intensified collaboration of our ports.”

Dr Dantsoho further emphasised that data remains the major driver of effective decision making in Port Management.

“Coming together with the Statisticians Network, this meeting presents a smart model for regional synergy and partnership, which this administration intends to champion, especially given that data remains the major driver of effective decision making in Port Management.

Dantsho who commended President Bola Tinubu for creating the Marine and Blue Economy Ministry, said the creation of the Ministry has made implementation of audacious plans for the sector easier.

“With the visionary creation of the new Ministry of Marine and Blue Economy which has re-energized our resolve to invest more in sector-specific talent development order to harness more ideas from operational think tanks such as the PMAWCA.

“The administration of His Excellency President Bola Ahmed Tinubu has made the implementation of our audacious plans easier with the visionary creation of the new Ministry of Marine and Blue Economy which has re-energized our resolve to invest more in sector-specific talent development order to harness more ideas from operational think tanks such as the PMAWCA.

“Statisticians Network gives us the capacity to expanded training opportunities across member ports. The modernization of our ports and full automation of our processes through the Port Community System (PCS) and its corollary, the National Single Window (NSW) which is gaining momentum must be accompanied by strengthened economic cohesion among PMAWCA members, and I will like to register Nigeria’s unwavering commitment to achieving this as soon as possible.

“The specific objectives of the African Continental Free Trade Area (AfCFTA) which includes the progressive elimination of tariff and non-tariff barriers to trade in goods, liberalization of trade in services and cooperation amongst others is pregnant with a lot of opportunities for wealth creation and prosperity, which I am convinced that our partnership and holding of hands under the umbrella PMAWCA will equip us to safely midwife for the benefit of our respective national economies with domino effect on the economy of the sub-region.”

“At the Board of Director’s meeting, we will be reviewing the outcomes of 2024 activities, examining our recommendations and budgets well as deliberating on the strategic direction of our esteemed Association.”