00:00the managing director of the nigerian ports authority who is also the president of the
00:03port management association of west and central africa called the member countries to build more
00:08new seaports but in actual sense does africa need more new seaports or efficient ports nigeria alone
00:16has several major seaports and to clear a container from one of these ports it takes at least 21 days
00:22to get your goods out of the ports and this is because of the inefficiencies at the ports the
00:28button is created by the multiple regulatory agencies the extortion by the state and non-state
00:33actors at the ports corridors the high handling charges the high clearing charges the slow
00:39adoption of digitalization the slow adoption of port modernization the poor port infrastructure
00:44according to industry data nigeria is losing trillions of naya to these inefficiencies at the
00:50ports and now let's go back to the resolution reached at this conference does africa actually
00:57need more new ports or efficient ports