President of the Port Management Association of West and Central Africa (PMAWCA), Dr. Abubakar Dantsoho, has said Africa cannot achieve meaningful economic growth with outdated port infrastructure, stressing that aggressive investment in modern ports, technology and deep sea facilities is now unavoidable.

Dantsoho, who is also the Managing Director of the Nigerian Ports Authority (NPA), said countries across West and Central Africa have resolved to modernise their ports to remain competitive in global trade and accommodate larger vessels.

Speaking at the closing of the PMAWCA meetings in Lagos, Dantsoho commended President Bola Tinubu and the Minister of Marine and Blue Economy for providing policy direction that is repositioning Nigeria’s maritime sector.

According to him, port infrastructure remains the backbone of economic growth, noting that no country can expand its GDP without expanding and modernising its ports.

“This is an industry that requires huge investment in infrastructure. You cannot make progress with obsolete facilities and still expect to receive newer and larger vessels,” he said.

“You cannot have a hotel built 50 years ago and expect modern customers to continue coming without refurbishment. It is the same thing with ports.”

He said countries within the sub-region, including Nigeria, Ghana, Senegal, Côte d’Ivoire and Benin Republic, are currently repositioning their port systems through upgrades and modernisation projects.

Dantsoho disclosed that while Nigeria is refurbishing Apapa and Tin Can Island ports as a medium-term solution, the country must ultimately develop more modern deep sea ports capable of handling future trade volumes.

He noted that the Lekki Deep Sea Port, with two berths, represents progress, but added that Africa must aim for larger and more sophisticated facilities comparable to global maritime hubs.

“In Singapore, they are building ports with hundreds of berths. Guinea is developing a $20 billion deep sea port project. These are the kinds of investments Africa must begin to pursue if we want to compete globally,” he said.

The PMAWCA President also highlighted the growing role of technology, automation, artificial intelligence and robotics in port operations, insisting that data-driven systems are now central to efficient maritime administration.

According to him, the Nigerian Ports Authority has achieved nearly 90 per cent automation in its operations, with electronic payment and cargo processing systems significantly improving efficiency.

He cited the electronic call-up system introduced at Apapa Port as one of the innovations that has drastically reduced traffic congestion around the port corridor.

“Today, you can go into Apapa and leave within minutes. Before now, people spent hours and sometimes slept on the bridge because of congestion,” he said.

Dantsoho further stated that Nigeria currently accounts for over 70 per cent of cargo traffic entering the West and Central African sub-region due to its large population, market size and strategic position in serving landlocked neighbouring countries such as Niger, Chad, Mali and Burkina Faso.

He explained that Nigeria’s huge consumer market, combined with its youthful population, gives the country enormous maritime and economic potential if supported with modern infrastructure.

“Our market extends beyond Nigeria because several landlocked countries depend on Nigerian ports. But to sustain that advantage, we must provide deeper waters, stronger quays and modern infrastructure that can accommodate bigger ships,” he added.

He also stressed the importance of regional collaboration and peer review among African port authorities under PMAWCA, saying member countries are increasingly sharing experiences, performance benchmarks and strategies to improve operational efficiency and competitiveness across the region.

According to him, Africa’s future economic growth will depend heavily on how quickly its maritime sector adapts to global realities through infrastructure renewal, technological innovation and regional integration.

The Nigerian Communications Commission has assured Nigerians that ongoing efforts to improve the quality of telecommunications services across the country are yielding results, even as it acknowledged persistent challenges affecting consumers in some areas.

In a statement issued on Wednesday by the Commission’s Head of Public Affairs, Nnena Ukoha, the NCC said it was aware of public complaints over dropped calls, slow internet speeds, unstable data services and other service disruptions.

The Commission noted that telecommunications services have become essential to daily life, stressing that consumers deserve reliable and efficient services for the money they pay.

According to the NCC, improving Quality of Service has remained a major regulatory focus over the past two years. It said the Commission had intensified oversight of Mobile Network Operators, Internet Service Providers and Tower Companies, while also engaging key stakeholders to tackle structural challenges affecting service delivery.

The regulator disclosed that the telecom sector is currently undergoing one of its largest network expansion and modernisation exercises in recent years following a long period of under-investment.

It revealed that Mobile Network Operators invested more than N2.13 trillion in network infrastructure and upgrades in 2025, while Tower Companies added another N373.8 billion to support the expansion drive.

The investments, according to the Commission, led to the addition and upgrade of more than 2,800 telecommunications sites nationwide to improve coverage and network capacity.

The NCC explained that the upgrades included the deployment of faster 4G and 5G technologies, expansion of fibre backhaul infrastructure, targeted improvements in high-demand urban centres, rollout of services to underserved communities and replacement of outdated equipment.

The Commission said the expansion drive had continued in 2026, with industry players committing to add or upgrade more than 12,000 sites this year. It added that nearly 3,000 sites had already been completed, while over 730 additional 5G sites had been deployed across 27 states.

The NCC also disclosed that it had facilitated the reallocation and restructuring of idle and underutilised radio spectrum among major network operators to improve network efficiency, capacity and service performance.

According to the Commission, recent Quality of Service assessments showed gradual improvements in network capacity, coverage and internet speeds in several parts of the country.

It stated that 4G penetration had increased from 45 per cent in January 2024 to 54 per cent currently, while national median download speeds rose from 16.5Mbps to 20Mbps within the same period.

The Commission further noted improvements in power availability at telecom tower sites, which increased from a national average of 99.3 per cent in January 2025 to 99.7 per cent currently.

Despite the progress, the NCC admitted that many subscribers still experience poor call quality, congestion and unstable internet services in some locations, stressing that operators must accelerate improvements.

The Commission also identified major threats to network performance, including fibre cuts caused by road construction activities, vandalism, theft of telecom equipment, power disruptions and restricted access to network facilities.

It disclosed that more than 27,000 avoidable fibre-cut incidents were recorded nationwide in 2025 alone.

The NCC said it was working closely with the Office of the National Security Adviser and other stakeholders to enforce the Presidential Order on Critical National Information Infrastructure and curb vandalism and theft affecting telecom facilities.

To improve transparency, the Commission said operators had been directed to promptly notify consumers whenever major network outages occur and restore services within specified timelines.

The regulator added that enforcement of the updated Quality of Service Regulations 2024 commenced in November 2025, including measures for consumer compensation and sanctions against operators that fail to meet service standards.

The Commission warned that it would continue to take regulatory action against service providers that fail to deliver measurable improvements.

The NCC also called on federal, state and local governments, as well as host communities, to support efforts aimed at protecting telecommunications infrastructure and creating a conducive environment for sustained investment in the sector.

The Commission reaffirmed its commitment to ensuring that Nigerians enjoy reliable, affordable and high-quality telecommunications services across the country.

The Chartered Risk Management Institute of Nigeria (CRMI) has issued a Policy Advisory in response to the United Arab Emirates’ (UAE) decision to exit the Organization of the Petroleum Exporting Countries (OPEC), effective May 1, 2026.

This is contained in a statement signed by the Registrar /CEO
Chartered Risk Management Institute of Nigeria (CRMI), Mr Victor Olannye.

According to him “ This landmark development signals a significant shift in global oil governance, potentially leading to increased market volatility, geopolitical tensions, and energy supply chain disruptions. CRMI advises corporate members, public sector institutions, financial institutions, and individual risk professionals to reassess their risk management strategies and strengthen institutional resilience.”

Mr Olannye, Ph.D., highlighted Key Risks to include
Structural breakdown of OPEC’s cohesion Oil price volatility
Geopolitical instability
Energy supply chain disruptions Macroeconomic uncertainty
Contagion risk of other member states exiting OPEC

Implications for Nigeria according to the Registrar include Increased production flexibility, potential market share expansion, and enhanced revenue prospects.

On Risks: Exposure to price volatility, reduced supply management protection, heightened competition, and fiscal instability.
He highlighted Policy Directives to Corporate Organizations to ensure they Implement robust risk management frameworks, adopt dynamic hedging strategies, and diversify business portfolios while calling on Financial Institutions and Investors to Reassess energy-related risks, strengthen portfolio diversification, and enhance risk disclosure

He called on Public Sector and Policymakers to Strengthen fiscal buffers, accelerate economic diversification, and promote renewable energy transition

For Individual Risk Professionals, the CRMI is advocating Upskill in geopolitical risk analysis and energy economics, develop expertise in scenario planning and predictive analytics.

CRMI urged stakeholders to proactively reposition their strategies to navigate this evolving geo- economic environment.

“ The Institute anticipates possible scenarios, including fragmentation of global oil governance structures, increased market-driven oil pricing mechanisms, and acceleration of global energy transition initiatives” he added