Customs licensed agents have explained why the Lagos ports of Apapa and Tincan Island accounted for 89.9% of Nigeria’s total trade in the first quarter of 2023. According to the National Bureau of Statistics (NBS), these two ports contributed N10.83 trillion out of Nigeria’s total trade value of N12.05 trillion for the quarter. Export trade was valued at N6.3 trillion, while imports totaled N4.53 trillion.
The founder of the National Council of Managing Directors of Licensed Customs Agents, Lucky Amiwero, highlighted the historical significance of Apapa and Tincan ports, which have been widely used by importers for many years. He noted that newer ports might lack recognition and required infrastructure, making importers prefer the familiar Apapa and Tincan ports.
Frank Obiekezie, the Secretary General of the Association of Registered Freight Forwarders of Nigeria, further emphasized the convenience and accessibility of Apapa and Tincan ports for importers. He also suggested that more attention should be given to other ports, particularly those in the eastern part of the country, to promote diversification and balanced trade activity.
Opinion:
The dominance of Apapa and Tincan Island ports in Nigeria’s trade activity reflects the importance of established infrastructure, familiarity, and convenience in international trade. It also highlights the challenges that newer ports might face in attracting trade volumes, even if they offer advantageous features such as deeper drafts. To promote balanced development, authorities could consider strategies to improve infrastructure and visibility for newer ports while addressing any constraints that might hinder their competitiveness.