• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

NPA concludes plan for Port terminals concession

Ports

The Matters Press by The Matters Press
October 2, 2022
Reading Time: 2 mins read
0
Calabar Port receives 72 vessels in 5 months

The Nigerian Ports Authority (NPA) says it has concluded the renewal of concession agreement with five terminal operators after the expiration of their leases.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

The Managing Director of NPA, Mr Mohammed Bello-Koko, noted that the agreement would be submitted to the Federal Ministry of Transportation for final approval before the close of work on Oct. 4.

Bello-Koko said this during the visit of the Minister of Transportation, Mr Mu’azu Sambo, who conducted a familiarisation tour of the agency on Friday in Lagos.

He, however, said discussion among some terminal operators were inconclusive, while others were yet to give necessary feedback to the authority.

The NPA helsman lamented the 100 per cent physical examination of cargoes at the nation’s seaports, saying it affected efficient cargo inspection, and that manual cargo examination was cumbersome and inefficient.

Bello-Koko noted that the terminal operators had expressed the desire to purchase and maintain scanners at the Nigerian seaports, while Customs would operate it.

“If scanners are provided, it will make Nigerian seaports more competitive and the preferred destinations for cargoes in West and Central Africa.

“Manual examination of cargoes in our ports due to the absence of scanners is inefficient, not sustainable, cumbersome and can’t make our ports competitive.

“Terminal operators have, however, expressed readiness to purchase and maintain the scanners but the equipment will be maintained by the service and this will make our ports efficient in the sub-region,” he said.

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

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

“Some matters requiring urgent attention include the reconstruction of the quay apron at Tin Can Island Port complex and collapsed jetty at Continental Shipyard Ltd.

“Also, the reconstruction of collapsed berth at Federal Lighter Terminal (FLT) and fencing of common user port facility in line with the specification of International Ships and Ports Facility (ISPS), code.

“Also, reconstruction of collapsed breakwater at delta port and rising cost of power generation (electricity) in the port and the need to commence procurement of alternative source of power,” he said.

Responding, Sambo said there were so many issues that the NPA needed to handle, urging the management to priortise and come out with short, medium and long time term goals.

“For the medium and long term, they can lay the foundation and let people that will come after them to conclude.

“The most immediate burning issue for me is evacuation of cargo at the Lekki Deep Seaport.

“We have been talking about encouraging moving cargo by barges, this is the time we walk the talk.

“Happily it is NPA that licenses barge operations; so if they are satisfied with the barges that they license, they should encourage them,” he said.

Tags: Ports
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
IMF’s reasons for Nigeria’s economic recovery

IMF approves emergency financing for countries suffering from food insecurity

Trading in Nigerian stock market dips further N83bn

Capital market makes commendable progress – Operators

Recommended Stories

Nigeria regains top crude oil production spot in Africa

Expert urges Nigeria to shun dependence on crude oil

August 28, 2022
New Naira notes unavailable even as CBN campaigns for acceptance

Phase out of old Naira notes remains Jan. 31

January 24, 2023
Food shortage: Nigeria bans foreigners from direct purchase of produce from farmers

TSF Commends Federal Government’s Initiative to Address Food Shortage

July 21, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us