Press release 27 November 2019

Nigeria Ports Authority calls upon know-how Port of Antwerp for further development

The Antwerp port community and its various partners are currently on a trade mission to West- Africa, including Benin and . Today, a collaboration agreement was signed between Port of Antwerp International (PAI), the consultancy and investment subsidiary of Port of Antwerp, and APEC, its maritime training centre, and Nigerian Ports Authority, which manages the 6 ports of Nigeria. This collaboration, which will mainly take the form of training and consulting, underlines the leading role that the port of Antwerp plays in .

Port of Antwerp: market leader in West Africa The port of Antwerp is known in Africa as the maritime centre of Europe, thanks to the numerous supply chain connections. The synergy between maritime, logistics and industrial activities creates a unique platform. Out of all the ports in North-West Europe, Antwerp has the highest number of direct services to West Africa. The annual volume of West African freight in Antwerp amounts to almost 17 million tonnes resulting in a market share of 31%. Nigeria, with a volume of over 6 million tonnes, accounts for the largest part. All trends and indicators show that this share in the statistics will continue to grow in the coming years.

Memorandum of Understanding As part of the mission, the delegation visited the port of today. Before the guided tour of the port, Kristof Waterschoot, CEO of PAI and APEC, and Hadiza Bala Usman, CEO Nigerian Ports Authority signed the MoU, the collaboration agreement between both ports. Under the terms of this agreement the port of Antwerp will play an advisory role with regard to the further development of the port of Lagos. In addition, structural training will play an important role. Several port professionals from Lagos have already come over to Antwerp for tailor-made trainings by APEC. This training centre of the port of Antwerp organises tailor-made training courses for maritime personnel worldwide in view of maximising the efficiency of port operations.

Kristof Waterschoot, CEO of PAI and APEC, explained: "We see a lot of potential in the port of Lagos. Thanks to the growing economy, the freight transport with Europe has increased substantially. By means of this collaboration we can use our know-how to advise the port of Lagos in its further development. It underlines the ambition of PAI to consolidate and further develop its already strong position in West Africa."

Hadiza Bala Usman, CEO Nigerian Ports Authority, explained: "The port of Antwerp is an inspiring example for our own port of Lagos. We are most impressed with Antwerp and so are very pleased

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with this collaboration agreement that will allow us to call upon its expertise. We look towards the future with great confidence."

Port seminar and networking Apart from the visit to the Lagos port, the participants of the mission, among whom representatives of the Port of Antwerp and different shipping companies, terminal operators and logistics service providers, will attend a port seminar and different networking events for the benefit of the Antwerp entrepreneurs. In addition, they will visit the Eko Atlantic project, an extension of the city into the sea, and the Dangote project in Lekki, a new refinery complex and additional deep sea port.

Annick De Ridder, vice mayor of the Port of Antwerp: "With an annual volume of almost 17 million tons, West Africa takes a large share in the traffic of Port of Antwerp. It is therefore our ambition to further strengthen our position in West-Africa. We want to play our role as a community builder and together with our subsidiary Port of Antwerp International, we aim to pass on our know-how and experience. With this mission we're engaging ourselves to create a sustainable future for African Ports and developing the worldwide network of our own port to ensure further growth for years to come."

About Port of Antwerp As Europe's second-largest port, the Port of Antwerp is a major lifeline for the Belgian economy: more than 300 line services to over 800 destinations ensure global connectivity. The Port of Antwerp annually handles around 235 million tonnes of international maritime freight, and is home to Europe's largest integrated chemical cluster. The Port of Antwerp accounts, directly and indirectly, for a total of around 143,000 jobs and more than €20 billion added value.

True to its mission 'a home port vital for a sustainable future’, Antwerp Port Authority aims to flexibly respond to a rapidly evolving maritime market, allowing the port to continue playing its role as a leading world port. The emphasis in this respect is on cooperation, adaptability, a strong focus on innovation and digitisation, and on sustainable added value, as well as on responsibility towards society.

Antwerp Port Authority is a limited liability company of public law, with the City of Antwerp as sole shareholder. It employs over 1,500 people. Port alderman Annick De Ridder is chairman of the Board of Directors and Jacques Vandermeiren is CEO and President of the Executive Committee, which is responsible for the day-to-day management. www.portofantwerp.com

About Nigerian Ports Authority :

The Authority was established in 1954 by an Act of Parliament [Port Act, CAP 155 Laws of the federation of Nigeria and Lagos 1955, currently NPA Act CAP N126 LFN, 2004) to control and maintain the seaports as well as load and discharge cargo. Its operations started on 1 April 1955. On 17 June 1992 the Authority was incorporated as a public liability company under the provision under the provision of the companies and allied matters act 1990 as a wholly owned government company. In 1999 the status of the authority reverted to an agency of the Federal Republic of Nigeria. The Ministry of Transport remains the supervising Ministry.

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The NPA has six functional Ports located within The Western and Eastern Axis. They are Lagos Ports Complex, Tin Can Island Port Complex, Rivers Port, Delta Port, Onne Port, And Port. It is into Joint Venture with Bonny Channel Management Company, Lagos Channel Management Company and Calabar Channel Management Company. Summary of cargo throughput within the six Ports in 2018 is placed at 73,176,127. The Federal Government of Nigeria initiated the drive to improve efficiency with its Port reforms programme, implemented in 2005/2006 and adopted the landlord model of Port Management. The key principle of this concession model is to transfer cargo operational obligations to private operators while retaining public ownership of the Port infrastructure.

The Concession plan is to span a period of 10 to 25 years on the basis of long-term leases. Terminals were delineated by cluttering two to four berths and offered to bidders via international competitive tenders. However, terminals with existing sitting tenants who had substantial private investment were given concession on negotiated transactions. The Authority has a staff strength of 4011 with Emmanuel Adesoye as the Chairman Board of Directors and Hadiza Bala Usman as the Managing Director who is responsible for the day to day running of the Management. www.nigerianports.gov.ng

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