NPA concludes concession agreement, awaits federal government final approval

NPA concludes concession agreement, awaits federal government final approval
According to the Nigerian Ports Authority (NPA), the concession agreements with the five terminal operators whose contracts had expired have been finalised and will be submitted for final clearance to the Federal Ministry of Transportation.

The agreement will be filed before the end of business on Tuesday, October 4, 2022, according to NPA managing director Mohammed Bello-Koko, who was speaking over the weekend when the agency was visited by Transportation Minister Engr Mu'azu Sambo.

He claims that some terminal operators' discussions have not yielded any conclusions and that some terminal operators have not yet provided the appropriate response to the authority.

However, the NPA helsman lamented the 100 percent physical examination of cargoes at the nation’s seaports, saying it’s affecting efficient cargo inspection as manual cargo examination is cumbersome and inefficient.

He, stated that the terminal operators have expressed desire to purchase, maintain scanners at the Nigerian seaports while Customs will operate it.

This, he said if scanners are provided, will make Nigerian seaports more competitive and preferred destinations for cargoes in West and Central Africa.

“Manual examination of cargoes in our ports due to absence of scanners is inefficient,not sustainable, cumbersome and can’t make our port competitive. Terminal operators have, however, expressed readiness to purchase and maintain the scanners but the equipment will be maintained by the service. This will make our port more efficient, competitive and efficient in the sub-region,’ he said.

The NPA MD in his presentation to the minister, said the nation’s seaports need to explore alternative source of power generation to the seaport because of the rising cost of power generation to the seaport.

He, as well, called for the reconstruction of the collapsed quay apron at the Tin-Can Island port and collapsed jetty at Continental Shipyard.

“Matters requiring urgent attention include the reconstruction of the quay apron at Tin Can Island Port complex and collapsed jetty at Continental Shipyard Ltd.
Chima Ugo is a patriotic Nigerian, journalist and blogger who is so much interested in the internet, journalism, and blogging.