September 29, 2022



New multi-billion naira NPA port concession settlement prepared September – Official


A brand new ports concession settlement for ports and terminal operators underneath the supervision of the Nigerian Ports Authority (NPA) is at the moment receiving ending touches and will probably be prepared earlier than September 2022 ending.

The NPA had earlier granted 5 concessionaires whose lease contract had expired an extra six months grace however the authority disclosed over the weekend that the brand new doc will probably be made public throughout the subsequent 45 days.

NPA ports concessionaires whose settlement have come to an finish embrace operator of terminal C and D on the Lagos ports advanced in Apapa, ENL Consortium, 5 Star Logistics Ltd which function terminal 6, 7,7a and eight, additionally in Lagos, Josepdam Port Service Restricted, who’re operator of terminal 1, 1a and a pair of; Port and Cargo, operator of terminal 9 and 10 on the Tin-Can Island Port in Lagos and the AMS Terminal in Delta State.

Managing Director of NPA, Mr Mohammed Bello-Koko, advised the visiting Minister of Transportation, Engr. Muazu Jaji Sambo in the course of the Minister’s maiden tour of port services and infrastructure in Lagos the small print of the agreements are prepared and present process closing perfection.

The Minister had earlier requested the ports administration authority to avail particulars of the agreements amongst others.

Talking of his intention to handle dilapidated infrastructures on the ports, the Minister said that he’ll be sure that precedence consideration is the Quay Aprons on the Tin Can Island Port which he stated are step by step carrying away.

Talking to journalists, the Transportation Minister reiterated that “We aren’t going to attend for the six months to resume the settlement; I shouldn’t have six months. I’d make it possible for the concessions are renewed within the subsequent 45 days.”

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Based on him, “I’ve suggested the administration of NPA, previously, there may be what we name a Programmed Preventive Upkeep, because of this at each port, now we have an engineering outfit headed by the Chief Port Engineer.”

He was additionally on the APMT Terminal, the Ports and Cargo Terminal at Tin Can Port operated by the SIFAX Group, the ICT and the NPA coaching institute the place he counseled the company for placing up a world class facility that may compete with any related services throughout the globe.

The Minister additionally assured that he’ll method the Minister of Works and Housing to debate how rehabilitations of entry roads into the Apapa Ports might be facilitated having additionally made stopovers on the highway roads to determine their state of injury.