NPERA DG, Dr. Akutah honoured for advancing Nigeria’s economic development,.others.
NPERA DG, Dr. Akutah honoured for advancing Nigeria's economic development,.others.
The Director-General and Chief Executive Officer of the Nigerian Ports Economic Regulatory Agency (NPERA), Dr. Pius Akutah, has been honoured with a Sustainability Award for Investment and Economic Development in London.
The award was presented to Dr. Akutah at the Nigeria Conversation on Trade and Investment London 2026, organised by the Royal Commonwealth Society, Nigerian Branch in recognition of his contributions to investment promotion and economic development in Nigeria. It came on the heels of President Bola Ahmed Tinubu’s assent to the NPERA ACT, 2026.
The event brought together government officials, business leaders and other stakeholders to explore prospects and opportunities for sustainable economic and industrial development in Nigeria.
Speaking at the event on the theme, “Towards Sustainable Economic and Industrial Development in Nigeria – Prospects and Opportunities,” Dr. Akutah highlighted the enormous investment opportunities presented by Nigeria’s marine and blue economy.
The NPERA DG said the creation of the Ministry and the ongoing renewal of Nigeria’s port infrastructure reflect the Federal Government’s commitment to diversifying the economy beyond oil and gas.
He identified the ports sector, inland waterways, fisheries, shipbuilding and repairs, renewable energy and other maritime activities as critical areas capable of attracting investment and driving economic growth.
Akutah also stressed the need to unlock Nigeria’s inland waterways, noting that only about 3,000 kilometres of the country’s estimated 10,000 kilometres of inland waterways are currently navigable.
According to him, dredging the River Niger and developing navigable channels could open up significant investment opportunities while reducing the cost of logistics and facilitating the movement of goods into the hinterland.
He further emphasised the importance of aligning Nigeria’s trade objectives with the African Continental Free Trade Area (AfCFTA) and improving logistics infrastructure to enable the country to maximise the benefits of regional trade.
He noted that Nigeria still maintains a very strong market structure, which is an advantage for investors, adding that most of the major Seaports in Africa are located in Nigeria and many of them are old but efforts are made by the government to modernize them.
Akutah expressed optimism that the marine and blue economy could make a significant contribution to the Federal Government’s ambition of building a one-trillion-dollar economy by 2030.
Dignitaries at the event included the Executive Governor of Kogi State,Alh. Ahmed Ododo, represented by the Special Assistant on Economic Matters, Mr. Sanni Abdullahi Ozomata; The First Lady of Kwara State, Her Excellency Professor Olufolake AbdulRazaq; Mr. Chimaobi Madukwe, a representative of BUA Group, and Dr. Olufemi Ogunyemi, Managing Director/CEO, Nigeria Export Processing Zones Authority (NEPZA), among others.
The Sustainability Award adds to the growing recognition of efforts to position Nigeria’s maritime and blue economy as a catalyst for investment, trade and sustainable economic development.
