Business & Finance

NSC Sets 3-year Key Performance Indicators For Seaports


The seaport economic regulator, the Nigerian Shippers’ Council (NSC), has announced a new framework and key performance indicators expected to guide the council for effective delivery in its duties for the next three years.

The executive secretary and chief executive officer of the NSC, Mr Hassan Bello, who stated this at the council’s retreat held in Abeokuta, Ogun State, recently said, the port regulator is determined to maximise its contribution to the development of the nation’s shipping industry, particularly the ports sector.

The NSC boss said that during the retreat, appropriate structures and key performance indicators were set up in line with the goal of the council, adding that the indicators were mainly to examine thoroughly the internal service delivery system of the council.

According to him, each department’s goal was set up as a scientific roadmap to guide the council for optimal performance.

“So in order to get the best from the council and the personnel, this will entail an assessment and evaluation of departments, individuals, and the council itself,” he noted.

Also, as part of plans initiated by the minister of transportation, Mr Rotimi Amaechi, Bello said that the council would have a stakeholders’ forum during which some issues on shipping and ports development which have been identified would feature.

ALSO READ:  See the Value of the Naira Today at the Black Market

“Specifically, such issues include the efficiency of the ports system, economic impact of the port system in terms of job and wealth creation; the general contribution of the maritime industry to the gross domestic product and the 48-hour cargo clearance at the ports. Other issues include the review of the concession agreement, ports assessment, deep seaports projects, inland container depots, and truck transit parks,” he said.

Bello also mentioned issues bordering on the national carrier, Nigerians capacity to operate ships, state of infrastructure at the ports, anything that will make Nigeria the preferred port in the West African sub-region, freight forwarding practice, Nigeria’s trade terms in the carriage of crude oil – whether it will continue to be on the basis of Free on Board (FOB) or changed to Cost, Insurance and Freight (CIF) – as forming discussions at the planned forum.

Make Money Online in Nigeria... Click HERE To Start Now!

Click to comment

Leave a Reply

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

Trending this week

To Top