FG concessions Onitsha port; Baro, others to follow

The federal government says it has successfully concessioned the Onitsha port in Anambra State while discussions are ongoing for the concessioning of Baro and some other ports in the country.
George Moghalu, Managing Director, National Inland Waterways Authority (NIWA), fielded questions from State House correspondents after a private meeting with President Muhammadu Buhari on Thursday at the Presidential Villa, Abuja.
He said that such licensing would ease pressure on the government and attract revenue to it.
“For Onitsha, we have successfully concessioned and handed over to Universal Elison, a company that is partnering with Port of Tuna for the next 30 years.
“Now, because of limited resources and to reduce pressure on the government, we opened up discussion with other interested organisations. Unsolicited proposals have come for the concessioning of Baro in Niger State, Oguta in Imo and Lokoja, Kogi capital; although they are still under construction.
“So, we are discussing with them; the advantage here is that it will reduce pressure from 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 advantage and we are working conscientiously on that.”
The NIWA boss said that Oguta River Port was not on the budget prior to his appointment but had been brought back to the budget.
According to him, the fencing of the Oguta port is completed while some basic facilities required for a port to operate are being put in place depending on the availability of resources.
“Same is applicable to Lokoja; so, we are taking it from two perspectives.
“Completing the building by government and concession so that the new concessionaire can complete the ports and put it effectively to use.”
He said that prior to the concession, a test run was done.
Mr Moghalu said that cargo was moved between Onne and Onitsha while the movement of cargo from Lagos to Onitsha was being concluded.
So, you find out that these jetties and ports are all in line with Rivers Benue and Niger; we are very conscious of that and whatever we are doing, we have that at the back of our mind.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Edo govt identifies 129 gully erosion sites for urgent intervention
Mr Igiebor said the commission identified the ecological sites during its statewide assessment tour of 16 local government areas.

Heading 1
PDP hails court judgment reinstating Adebutu as Ogun governorship candidate
The party said the “ruling is a triumph of due process over administrative aberration.”

Faith
NCPC to flag off 2026 pilgrimage on November 23, months after suspension over Israel war
Mr Adegbite said pilgrimage is not a jamboree, adding that the commission had changed the dynamics.

States
Sokoto govt awards N5.5 billion contract to end 10-year blackout in four LGAs
The commissioner also said the state government awarded a contract worth N988.9 million to rehabilitate Government Technical College, Binji.

Education
Strike: Court orders police to reopen KASU gates
The management and governing council of KASU went to court seeking an interim injunction restraining unions from locking the university’s gates.

Hot news Home top
Tinubu won 2023 polls with 34% of votes because of flawed constitution, says Makinde
Mr Makinde said he would push for an amendment requiring presidential candidates to secure more than half of the total votes cast to win.





