NIGERIAN PORTS TRAFFIC HIT NEW LOW
Berthing vessels, tonnage and cargo traffic at the six Nigerian ports hit new low in 2016 since 2013, according to latest report by the National Bureau of Statistics.
The report was released today, February 8 and it shows that berthing vessels dropped by 20.9% to 4025 on 2015 level while tonnage declined by 15.3% to 122,186,758 and cargo traffic dropped by 9.76% to 70,681,028.
In all three cases, 2016 recorded highest declines since 2013. In the case of vessels the way down has been on since 2014's 0.38% drop to 5349 from 2013's 5369 and continued in 2015 by 4.84% to 5090.
On the other hand, both tonnage and cargo recorded growth in 2014 with tonnage ending up 12.4% at 146,820,488 while cargo increased by 8.46% to 84,900,588.
It was from this high since 2013 that tonnage dropped marginally by 1.78% to 144,207,122 by 2015 and cargo went down by 7.75% to 78,323,558 in 2015.
In terms of berthing vessels, tonnage and inward cargo the twin lagos ports of Apapa and Tin Can Island continued to account for more than 50% of traffic while the pace setter for outward cargo was Onne port which accounted for 80.39% of outward cargo in 2016 followed by a distance by Delta port with 10.63% of outward cargo.
Both inward and outward cargo increase fairly well in 2014 with outward recording 10.1% growth to 31,127,062.
The reverse has been the case since 2015. That year, inward cargo dropped by 8.31% to 49,303,209 and outward cargo went down 6.77% to 29,019,349.
Come 2016, inward cargo hit double digit down by 11.2% to 437,768,898 and outward cargo depressed by 7.26% to 26,912,130.
It is possible that recent ban on car imports through land borders may pep activities up abit in 2017 especially in the Lagos ports while One port's fortunes are tied up to crude oil exports and militancy in the Niger Delta.
The report was released today, February 8 and it shows that berthing vessels dropped by 20.9% to 4025 on 2015 level while tonnage declined by 15.3% to 122,186,758 and cargo traffic dropped by 9.76% to 70,681,028.
In all three cases, 2016 recorded highest declines since 2013. In the case of vessels the way down has been on since 2014's 0.38% drop to 5349 from 2013's 5369 and continued in 2015 by 4.84% to 5090.
On the other hand, both tonnage and cargo recorded growth in 2014 with tonnage ending up 12.4% at 146,820,488 while cargo increased by 8.46% to 84,900,588.
It was from this high since 2013 that tonnage dropped marginally by 1.78% to 144,207,122 by 2015 and cargo went down by 7.75% to 78,323,558 in 2015.
In terms of berthing vessels, tonnage and inward cargo the twin lagos ports of Apapa and Tin Can Island continued to account for more than 50% of traffic while the pace setter for outward cargo was Onne port which accounted for 80.39% of outward cargo in 2016 followed by a distance by Delta port with 10.63% of outward cargo.
Both inward and outward cargo increase fairly well in 2014 with outward recording 10.1% growth to 31,127,062.
The reverse has been the case since 2015. That year, inward cargo dropped by 8.31% to 49,303,209 and outward cargo went down 6.77% to 29,019,349.
Come 2016, inward cargo hit double digit down by 11.2% to 437,768,898 and outward cargo depressed by 7.26% to 26,912,130.
It is possible that recent ban on car imports through land borders may pep activities up abit in 2017 especially in the Lagos ports while One port's fortunes are tied up to crude oil exports and militancy in the Niger Delta.
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