• About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, June 8, 2025
  • Login
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

FG declares Funtua Inland Dry Port as port of origin, final destination

Hassan Tanko by Hassan Tanko
February 4, 2023
in Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Federal Government has declared Funtua Inland Dry Port in Katsina State as a port of origin and final destination for import and export of cargoes.

This implies that the Inland Dry Port is empowered to operate shipping businesses including clearing and forwarding of cargoes directly from anywhere in the world.

The declaration, which was made on behalf of the Federal Government by the Minister of Transportation, Mu’azu Jaji Sambo, is coming many years after the establishment of the Funtua Inland Dry Port.

In March 2006, the Federal Executive Council approved the establishment of the Funtua Container Freight Station, alongside other Inland Dry Ports across the country. The Funtua Container Freight Station was later converted to an Inland Dry Port and that this critical transport infrastructure is based on the strategic framework of Build, Own, Operate and Transfer( BOOT)

In making the declaration, the Minister relied on the power conferred on him as Minister of Transportation by section 30 of the Nigerian Ports Authority Act, Cap. N126 Laws of the Federation of Nigeria, 2004.

Speaking at the declaration ceremomy, Mu’azu Sambo explained that the Funtua Inland Dry Port would be a Customs port in accordance with the provisions of the Customs and Excise Management Act, Cap. C45 Laws of the Federation of Nigeria, 2004 and would have all the prerequisites of an international port.

According to the Minister, the importance of Katsina State as the commercial domain in the Trans-Saharan trade route with huge agricultural produce and trade in local and export volumes, qualified the State for an Inland Dry Port.

He said national and international maritime practitioners, shippers, shipping companies, landlocked countries and port users should take full advantage of the port for import and export of their cargoes.

In her remarks, the Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani, said the declaration of Funtua Inland Dry Port as port of origin and final destination, was another milestone achievement for the intermodal transportation system in the country.

According to her, “the Funtua Inland Dry Port will further unlock the economic potentials of Nigeria and facilitate trade with the land-locked countries like Niger and Chad Republic. The Port will provide importers and exporters located within the nation’s hinterland access to shipping and port services without physically being at the seaports”.

Other benefits of the Funtua Inland Dry Port, the Permanent Secretary said, are that the project “will promote the Africa Continental Free Trade Agreement (AfCFTA) and economic integration as well as further support the Presidential Business Enabling Environment Council (PEBEC)”.

The Governor of Kastina State, Aminu Bello Masari, represented by the Permanent Secretary, Ministry of Commerce, Alh. Musa Sule, in his presentation, noted that the State Government, as part of its contribution to the project, facilitated 16.2 hectares of land and also paid compensation to the land owners.

He said the Katsina State Government took the step based on the conviction that when fully operational, the Port will create employment for the immediate community and its environs, support revenue base of the State and facilitate trade within and outside the country.

Also speaking, the Executive Secretary, Nigeria Shippers’ Council, Emmanuel Jime advised States that were allocated Inland Dry Ports, but were yet to develop them, to expedite action on the project in order to bring shipping closer to importers and exporters in their State.

Previous Post

Fr. Alia emerges winner of APC’s rerun governorship primary election in Benue

Next Post

Tinubu’s unguarded missiles against Buhari — Anticlimax for February 25 poll

Next Post

Tinubu’s unguarded missiles against Buhari — Anticlimax for February 25 poll

Leave a Reply Cancel reply

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

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
Killings: You have failed in your primary responsibility – Catholic Bishops accuse FG, Benue Govt
Cover

Killings: You have failed in your primary responsibility – Catholic Bishops accuse FG, Benue Govt

by Eze Chidozie
June 7, 2025
0

Due to the rampant killings in Benue State and other parts of the country, the Catholic Bishops’ Conference of Nigeria...

Read moreDetails
Fight to finish as Sanusi, Bayero hold parallel Eid prayers

Fight to finish as Sanusi, Bayero hold parallel Eid prayers

June 7, 2025
We’re under siege, terrorism eating up Benue, Gov Alia cries out

We’re under siege, terrorism eating up Benue, Gov Alia cries out

June 7, 2025
NAF airstrike hits ISWAP enclave in Tumbuma Baba, Lake Chad axis, neutrialise scores of terrorists

NAF airstrikes foil terrorists’ plot ahead of Eid celebrations in Borno State

June 7, 2025
Tinubu mourns highlife and Igbo folklore music icon, Gentleman Mike Ejeagha

Tinubu mourns highlife and Igbo folklore music icon, Gentleman Mike Ejeagha

June 7, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng