We’ve Successfully Concessioned Onitsha River Port - FG

Posted by Amarachi on Fri 21st Apr, 2023 - tori.ng

It also disclosed that it is pursuing plans to concession other ports across the country.

The federal government has confirmed that it has successfully concessioned the Onitsha port in Anambra state.

It also disclosed that it is pursuing plans for the concession of other ports across the country.

This was made known by George Moghalu, managing director of National Inland Waterways Authority (NIWA), after a private meeting with President Muhammadu Buhari at the presidential villa, on Thursday, April 20.

Moghalu who revealed that this would attract more revenue, added that discussions are ongoing for concessions of Baro port as well as Oguta and Lokoja ports that are still under construction.

He said;

“For Onitsha river port, we have successfully concessioned and handed over to Universal Elysium. It is a company that is partnering with the port of Antwerp for the next 30 years.

“Now, because of limited resources and to reduce pressure on the government, we opened up the discussion with other interested organisations, unsolicited proposals have come for the concessioning of Baro, for the concessioning of Oguta and Lokoja — though still under construction.

“So, we are discussing it with them. The advantage here is that it will reduce pressure from (sic) the government, these people own this port, complete the port, put the port to use and pay royalty to the government. So, it has a lot of advantages. We are working conscientiously on that.

“Before I came to office, Oguta River port was not on the budget for quite a while, but we eventually brought it back to the budget.

“As we speak, we have finished fencing the Oguta River port. And we are doing little by little, depending on resources available to put in place some basic infrastructure that are required for a port to operate.

“Same is applicable to Lokoja. So, we are taking it from two perspectives. Completing the building by government and concession or concession it so that the new concessionaire can complete the ports and put it to effective use.”


Moghalu who further revealed that big ships are expected to berth at Onitsha port soon, also stated that dredging is not the only priority for the agency as other activities must be fixed.

He added;

“All the resources, all the money available for NIWA this year, are not all dedicated to dredging or to opening up of channels.

“There are other issues that take up resources; human capital development, development of infrastructure, building new jetties, building new ramps across the country and then getting vessels also and putting them to effective use.

“So, what we are doing is, as much as we have, we try to prioritise, but the important thing is that the key aspect of it, is the human, the Nigerian, what affects them more, is what gives us the opportunity for more benefit.”

 

Popular Stories
Meet The African Man Who Is The 2nd Tallest Man In The World (Photo)
So Bloody! Lagos Yahoo Boy Shares Naughty Bedroom Photos of His Numerous Girls
Without Saying a Word, This Short 6-minute Video Will Leave You Speechless (Watch)
The Life and Death of Nigeria's Most Notorious Armed Robber, Lawrence Anini (Photos+Video)
Meet the Nigerian-American Doctor That Discovered CTE Portrayed by Will Smith in the Movie, 'Concussion'


Copyright © 2022 Tori.ng - All rights reserved
Tori.ng is owned and managed by Cyclofoss Technologies Ltd.