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NPA, Dangote plan to deepen maritime industry growth, expand export operations
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…aims at $7m daily revenue through fertilizer export
The Nigerian Ports Authority (NPA) and Dangote Industries Limited (DIL) has set sights on the development of the nation’s Marine and Blue Economy sector, with plans to ensure expansion of Nigeria’s export operations.
Speaking on Monday during a courtesy call to the NPA headquarters in Lagos, President of the Dangote Industries Limited (DIL), Aliko Dangote explained that as the biggest customer to the NPA, it is important that the interaction between NPA and DIL is sustained.
According to the richest man in Africa, “We are here to thank the NPA for doing a great job, because as we speak today, we are the biggest or largest customer to NPA.
“I think this kind of interaction between us and them is very, very important for the growth of the industry. So, we discussed quite a lot of issues.
” We also discussed issues of how to deepen the Marine and Blue Economy of the nation. And we have agreed to actually work together for the benefit of Nigeria.
“The size of our own operation at Lekki alone is going to be almost 240 ships of crude, with each ship carrying one million crude each. And then we’ll have products which now will amount to over 600 ships in a year.
“Then we also have our fertilizer operation, which will be loading almost eight ships. This is an operation that has never, ever been seen in the country.
“So, it’s a major challenge. But with the leadership of the NPA, we are very, very comfortable that they’ll be able to deliver.
“Our operations will sink if NPA doesn’t give us the services we will be needing for our operations. So, the NPA will be needing a lot of support from the Federal Government because they won’t be able to do these things with their own physical hands. They need equipment. They need more Tug Boats.
“We will also be putting in some few words in necessary quarters to make sure that NPA gets all the necessary assistance from the Federal Government.”
In the area of export, Aliko Dangote explained that efforts are on to expand export products outside Nigeria.
“We will soon be massively expanding our export operations. For some of you that have been to our Cement factory in Itori, we’re already exporting cement out of Nigeria. We have a whole factory of six million tons for cement export.
“In the next couple of weeks, we will start exporting coal out of Nigeria. Our fertilizer export will be almost like eight cargos. The refinery operations will not export less than 25 million tons of various products.
We will also be exporting almost about 600,000 to 700,000 metric tons of polypropylene. So when you are talking about export, we are going to be very big.
“In the next two years, we will be exporting almost about 16,000 tons of fertilizer.
When you talk about 16,000 tons of fertilizer, it’s actually about $6.5 million to $7 million revenue that will be coming into the country on a daily basis.
“With our export programme, our company will be the major supplier of foreign exchange earnings in Nigeria.
“So the operations of Nigerian ports will definitely double in the next one or two years.”
In his own remark, the NPA Managing Director/Ceo, Abubakar Dantsoho explained that Aliko Dangote has come to the Authority to show appreciation for the dividends of the Naira for Crude sale policy of the Federal Government.
In the words of the NPA MD, “Alhaji AlikoDangote is here to show appreciation, especially regarding the establishment of the One Stop Shop policy on Naira for Crude deal, which is being coordinated by the Nigerian Port Authority.
“He’s here to appreciate that the initiative has contributed immensely to achieving a lot of efficiency in the area of the transactions and operations between Nigerian government agencies.
“This is something that started on the 1st of October last year 2024, and so far, we have treated or operated over 57 vessels every month. “The projected volume that Dangote was looking at per annum was 600 vessels. If you do 56, 57 vessels into 12 months, you will see that we are already doing bigger than what they projected. We will continue to do our best with support from government.
“If all agencies of government can collaborate and be on the same dashboard, then efficiencies in other sectors of the economy will also be witnessed.
“We’re happy that government has approved the National Single Window. We’re also happy that as of today, we are 95 percent ready for the Port Community System.”
On development of new ports, the Abubakar Dantsoho stated that, “There are two ways you can handle capacity improvement/expansion or deepen port capacity. You can do it on a brownfield, which is, you renovate or rehabilitate existing ports; or on a greenfield, which is build new ports.
“The last time government built a new port in Nigeria was 1977, which was Tin-Can Island Port. There is already an approval for the port modernization of both Tin-Can and Apapa ports. We are hopefully looking at maybe third quarter of this year to commence construction. That is on the brownfield.
“On the greenfield part, like I said earlier, we have deep seaport development projects that has already been approved by Federal Executive Council. We have Ibom Port, we have Bakasi, we have Olokola, we have Ondo port, we have Badagry in Lagos.
“These are new ports that the government is concerned about. Very soon we’ll begin to see that these ports will become reality,” the NPA MD stated.
News
Wike Debunks Report He’s Lobbying For APC Presidential Campaign DG, Reiterates Commitment To Tinubu’s Reelection
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has debunked reports in some section of the media suggesting that he was lobbying to be made Director-General (DG) of the All Progressives Congress (APC) Presidential Campaign Council (PCC).
The Minister, who reiterated his unflinching support for the reelection of President Bola Ahmed Tinubu, said that he does not need to be the DG or even member of the President’s Campaign Council to deliver ensure that the President wins massively in Rivers State and the FCT.
A report in some section of the media had listed the FCT among top party chieftains and government officials lobbying or being mentioned for the position of the APC Presidential Campaign Council DG.
However, reacting through his Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, the FCT described the report as false, saying he did not at any time discuss leadership or even membership of the Presidential Campaign Council with anyone.
He said; “I am outside Nigeria, resting and relaxing after spending over 30 days, commissioning projects, flagging off new ones and inspecting ongoing ones, especially those scheduled for commissioning in December and January, next year.
“When I return, our focus will be the continuous delivery of our mandate in line with the President’s Renewed Hope Agenda and to further enhance his electoral fortune in Rivers State and the FCT.
“Therefore, I do not need to be the DG or even member of the Presidential Campaign Council of Mr President’s political party to contribute my quota by ensuring that he wins handsomely in Rivers State and the FCT.”
The Nigeria Security and Civil Defence Corps (NSCDC) has deployed 10,210 personnel and specialised tactical units to Osun State ahead of the guber election.
The Commandant-General of the Corps, Prof. Ahmed Abubakar Audi, ordered the deployment as part of efforts to strengthen security across the state and ensure a peaceful electoral process.
The National Public Relations Officer of the NSCDC, Babawale Afolabi, disclosed this in a statement issued on Monday in Abuja.
According to Afolabi, the deployment, which commenced on Monday, is aimed at providing a secure environment for voters, electoral officials, observers, journalists and residents to participate in the election without fear or intimidation.
The statement said personnel from the Oyo, Ondo, Ekiti, Ogun, Lagos, Kwara, Edo, Kogi, Delta and Federal Capital Territory (FCT) State Commands would reinforce the Osun State Command.
It added that about 1,000 personnel from each of the commands would be deployed, comprising both uniformed and undercover operatives, to strengthen security coverage across the state alongside other security agencies.
Audi also directed the deployment of specialised formations with capabilities tailored to the security requirements of the election.
They include the CG’s Special Intelligence Squad (SIS), Special Weapons and Tactics (SWAT) Unit, Specialised Female Squad, Mining Marshals, Special Strike Force, Crack Squad and K9 Unit.
The statement said the specialised teams would complement the regular deployment through intelligence gathering, crime prevention and detection, protection of critical assets, crowd control and other security responsibilities within their areas of competence.
For effective coordination of the election security operations, the Deputy Commandant-General in charge of Operations, DCG Ayuba Phillip, alongside designated Assistant Commandants-General and other senior officers, will relocate to Osun State to supervise the deployment.
Audi assured residents that the NSCDC would maintain professionalism, impartiality and respect for citizens’ rights throughout the electoral process.
He stressed that the protection of election materials, electoral officials and voters would remain a priority for the Corps.
Audi also directed personnel to work in unbiased synergy with other security agencies on election duty to ensure a free, fair and credible election.
The Commandant-General warned that the NSCDC, in collaboration with other security agencies, would not tolerate activities capable of disrupting the electoral process.
He added that political thugs and other individuals planning to disrupt the peaceful conduct of the election would face the law in accordance with the Electoral Act.
The NSCDC appealed to political parties, candidates, supporters and residents to maintain peace and allow the democratic process to take its course.
It said the Corps would continue to work with the Nigeria Police Force, military and other sister security agencies under the established inter-agency security framework to ensure effective coordination across the state’s 30 Local Government Areas.
Audi further urged residents to remain calm, peaceful and vigilant during the election period and cooperate with security personnel.
He also encouraged members of the public to report suspicious activities and security concerns promptly to the appropriate security authorities.
The Black Market Dollar-to-Naira Exchange Rate for 10th August 2026 Can Be Accessed Below.
NOTE: The exchange rate changes hourly. It depends on the volume of dollars available and the Demand. This means…you can buy or sell 1 dollar at a certain rate, and the price can change (high or low) within hours.
The official naira black market exchange rate in Nigeria today, including the Black Market rates, Bureau De Change (BDC), and CBN rates.
The exchange rate fluctuates hourly based on the supply and demand of dollars in the market.
What’s the dollar to naira black market today, 10th August 2026?
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players sell a dollar for ₦1430 and buy at ₦1415 on Monday, 10th August, 2026, according to sources at Bureau De Change (BDC).
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Disclaimer naijablitznews does not set or determine forex rates. The official NAFEX rates are obtained from the FMDQOTC website. Parallel market rates (black market rates) are obtained from various sources, including online media outlets. The rates you buy or sell forex may be different from what is captured in this article.
Wike Debunks Report He’s Lobbying For APC Presidential Campaign DG, Reiterates Commitment To Tinubu’s Reelection
NSCDC Deploys 10,210 Staff For Osun Guber Election
See Black Market rate of the Dollar to Naira today 10th August, 2026
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