• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • POLITICS
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • LAW & HUMAN RIGHTS
    • Oil & Gas/Mineral Resources
    • PRESS FREEDOM/JOURNALISM/PR
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • CAIDOV urges peaceful, fair election in Osun
  • NGO trains Sokoto youths as peace, climate ambassadors
  • NFEM turnover falls to $185m as FX market activity thins
  • Digital literacy key to fighting youth unemployment in Kano – Experts
  • CBN injects N5.21tn into banking system ahead of N700bn NTB auction
  • YIN urges investment in youth, digital skills for Nigeria’s economic growth
  • [REVEALED] Trump secretly switched planes in Turkey over Iranian assassination threat
  • Alleged violations: Data Protection Commission probes UNILAG, 2 others
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    FG picks 6 states, FCT for ranching pilot [SEE LIST]

    August 12, 2026

    FG urges BOA to explore innovative agricultural financing

    August 11, 2026

    Tinubu: Livestock sector key to Africa’s growth

    August 11, 2026

    NAMPPMAN: Nigeria ranks 11th largest global mango producer

    August 10, 2026

    Nigeria seeks deeper China cooperation on agriculture

    August 10, 2026
  • Sci & Tech

    Digital literacy key to fighting youth unemployment in Kano – Experts

    August 12, 2026

    YIN urges investment in youth, digital skills for Nigeria’s economic growth

    August 12, 2026

    Alleged violations: Data Protection Commission probes UNILAG, 2 others

    August 12, 2026

    NIGCOMSAT: Continuous tech upgrades critical to Nigeria’s security

    August 11, 2026

    Expert urges researchers to adopt frugal innovation

    August 11, 2026
  • Health

    CAIDOV urges peaceful, fair election in Osun

    August 12, 2026

    UBTH expands mortuary to 460 chillers, opens multi-faith centre

    August 12, 2026

    NYSC disowns NANS levy for mobilisation

    August 12, 2026

    NCDC pledges support for South-East health security

    August 12, 2026

    YPLDP partners Hisbah to combat animal cruelty

    August 11, 2026
  • Environment

    NGO trains Sokoto youths as peace, climate ambassadors

    August 12, 2026

    Nasarawa builds flyover at Keffi to curb deadly crashes

    August 11, 2026

    Lagos needs larger infrastructure budget – Hamzat

    August 10, 2026

    Rising costs, tighter margins challenge private sector productivity – Expert

    August 10, 2026

    Tinubu to open international security conference Tuesday

    August 10, 2026
  • Hausa News

    UNA signs MoU to launch air Bissau in Guinea-Bissau

    June 15, 2026

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025
  • More
    1. Business/Banking & Finance
    2. POLITICS
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. LAW & HUMAN RIGHTS
    24. Oil & Gas/Mineral Resources
    25. PRESS FREEDOM/JOURNALISM/PR
    26. General News
    27. Presidency
    Featured
    Recent

    CAIDOV urges peaceful, fair election in Osun

    August 12, 2026

    NGO trains Sokoto youths as peace, climate ambassadors

    August 12, 2026

    NFEM turnover falls to $185m as FX market activity thins

    August 12, 2026
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    CAIDOV urges peaceful, fair election in Osun

    August 12, 2026

    NGO trains Sokoto youths as peace, climate ambassadors

    August 12, 2026

    NFEM turnover falls to $185m as FX market activity thins

    August 12, 2026
  • Media OutReach Newswire
    • Wire News
  • The Stories
AsheNewsAsheNews
Home»ECONOMY»Association reports strong growth in maritime sector for Q1 2026
ECONOMY

Association reports strong growth in maritime sector for Q1 2026

NewsdeskBy NewsdeskMay 11, 2026Updated:May 11, 2026No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, says the maritime sector recorded strong growth in the first quarter of 2026, driven by increased cargo throughput, higher vessel traffic, and ongoing port reforms.

Dantsoho disclosed this in a statement issued on Sunday in Lagos by the NPA General Manager of Corporate Communications and Strategy, Mr. Ikechukwu Onyemekara.

He said ocean-going vessel Gross Registered Tonnage (GRT) rose by 19.5 per cent to 46.75 million in the first quarter of 2026, reflecting improved efficiency and growing confidence by international shipping lines in Nigerian ports.

According to him, the increase was largely driven by the deployment of larger vessels at Lekki Deep Sea Port and rising regional trade under the African Continental Free Trade Area (AfCFTA).

“Ports must evolve beyond old limits. Efficiency, speed and reliability will determine who leads African trade,” Dantsoho said.

He noted that total cargo throughput increased by 11.6 per cent year-on-year to 32.38 million metric tonnes.

Outward cargo rose by 23.7 per cent to 14.13 million tonnes, while outward laden containers jumped by 67.6 per cent to 102,803 Twenty-foot Equivalent Units (TEUs).

Vehicle traffic also increased by 67 per cent to 58,870 units, and transshipment containers rose by 83.1 per cent, signalling Nigeria’s growing role in regional trade.

“The time has come to fully utilise our marine resources. Ports can drive major economic growth if properly harnessed,” he said.

Dantsoho noted that reforms under President Bola Tinubu’s administration are focused on infrastructure upgrades, digitalisation, and restructuring to position Nigeria as a leading maritime hub in Africa.

He revealed that the $1 billion overhaul of the Lagos Port Complex and Tin Can Island Port is underway following the approval of the Memorandum of Understanding (MoU).

The Minister of Marine and Blue Economy, Adegboyega Oyetola, said procurement processes are ongoing for upgrades at Warri, Port Harcourt, Onne, and Calabar ports to ensure balanced development.

Oyetola added that the Port Community System and National Single Window projects would reduce delays, lower costs, and improve transparency in port operations.

He noted that investments in rail, inland dry ports, barging, and export corridors are aimed at easing congestion and improving cargo evacuation.

The NPA also reported that Nigeria has sustained over four years without piracy incidents under the Deep Blue Programme.

Dantsoho observed that Nigeria currently handles only 25 per cent of West Africa’s cargo, despite accounting for about 60 per cent of the region’s Gross Domestic Product (GDP).

“With sustained commitment, Nigeria’s port system will emerge as Africa’s leading maritime logistics hub,” he said.

AfCFTA GRT NPA TEUs
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Newsdesk
  • Website

Related Posts

NFEM turnover falls to $185m as FX market activity thins

August 12, 2026

CBN injects N5.21tn into banking system ahead of N700bn NTB auction

August 12, 2026

CBN opens applications for second Regulatory Sandbox cohort [WHERE TO APPLY]

August 11, 2026

Leave A Reply Cancel Reply

CAIDOV urges peaceful, fair election in Osun

August 12, 2026

NGO trains Sokoto youths as peace, climate ambassadors

August 12, 2026

NFEM turnover falls to $185m as FX market activity thins

August 12, 2026

Digital literacy key to fighting youth unemployment in Kano – Experts

August 12, 2026
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.