- One-Stop-Shop: EPTs will serve as a centralized location for stuffing, packaging, and certification of export-bound cargo, reducing turnaround time.
- Partnership with NEPC: The NPA collaborated with the Nigerian Export Promotion Council (NEPC) to conceptualize EPTs.
- Automation: The authority is aggressively pursuing full automation of the nation’s processes and procedures through the Ports Community System (PCS), laying the groundwork for the National Single Window (NSW).
Benefits of EPTs and DEWs:
- Increased Efficiency: EPTs will eliminate duplications and bureaucratic overlaps, making Nigerian exports more competitive.
- Improved Trade Facilitation: Linking EPTs with Domestic Export Warehouses (DEWs) will enhance trade facilitation.
- Economic Growth: This initiative aims to contribute to the strengthening of the domestic economy through the promotion of balance of trade.
The Nigerian Ports Authority (NPA) is taking significant steps to enhance the export process, making it more efficient and competitive globally. The authority has established Export Processing Terminals (EPTs) to simplify the exporting of Nigerian goods, which were previously hindered by bureaucratic overlaps.
By implementing EPTs and DEWs, the NPA is poised to boost Nigeria’s non-oil export sector, making it more attractive to international markets.