Nigeria’s economic prosperity is deeply tied to two key sectors: its maritime trade and agriculture.
In an exclusive interview with Ikorodu News Network (INN), Dr. Promise Okagwa, a seasoned entrepreneur and agriculture expert, sheds light on the challenges and opportunities within Nigeria’s port system and agribusiness landscape.
He discusses how revamping the ports can stimulate economic growth and how agriculture remains a sustainable investment for the future.
Dr. Okagwa traces Nigeria’s port development back to the 19th century when maritime trade faced major navigation challenges.
The breakthrough came in 1914 with the arrival of the first steamship in Lagos Harbour, followed by the development of Apapa Port in 1921. Port Harcourt also emerged in 1913 to facilitate coal exports from Enugu.
The Nigerian Ports Authority (NPA) was established in 1955, leading to significant expansions in Lagos and Port Harcourt. However, the Nigerian Civil War (1967–1970) disrupted maritime operations, pushing all shipping activities to Lagos, which later suffered severe congestion.
Emergency measures led to the development of Tin Can Island (1977), Warri (1979), and Calabar (1979) ports.
Despite these expansions, Lagos remains overcrowded while alternative ports remain underutilized due to policy gaps, infrastructure deficits, and logistical bottlenecks.
Dr. Okagwa emphasizes that President Bola Ahmed Tinubu’s administration must implement policies to revitalize these ports, attract investment, and decongest Lagos.
“Reviving alternative ports will enhance trade efficiency, strengthen the naira, and support major industries like agriculture,” he asserts. “It will also prevent Lagos’ growing population from becoming a crisis in the future.”
Beyond maritime trade, Dr. Okagwa highlights agriculture as a vital pillar of Nigeria’s economy.
His journey into agriculture began in 2016 when he assessed Lagos’ economic viability and recognized the undeniable demand for food production.
“Agriculture is a numbers business,” he explains. “People will always eat, regardless of the economy. That’s why I chose to invest in food production.”
Despite challenges such as securing space and market access, his business has flourished, providing fish, poultry, eggs, and fresh produce.
Dr. Okagwa has also empowered youths and students through training programs, helping them see agriculture as a viable career path.
He emphasizes that agriculture is a business without retirement, offering long-term financial stability.
“You can’t be fired from agriculture. As long as you keep producing, you remain in business.”
Encouraging Nigerians to see agriculture as an investment, he concludes: “Agriculture provides both food security and income. With proper planning and commitment, it can be a source of lasting wealth.”
With insights from Dr. Promise Okagwa, it is clear that Nigeria’s economic future hinges on the effective management of its ports and a renewed focus on agriculture.
Strengthening these sectors will not only boost trade but also secure food supply and create job opportunities for millions.
INN-HOUSE☆ 