Thursday, July 9, 2026

Onitsha Port can generate N10 billion yearly if fully operational: Manager

Mr Osazuwa listed challenges facing the port to include insecurity, low patronage and delays in dredging the River Niger.

• August 9, 2025
Onitsha port
Onitsha port

Mr Osazuwa stated this on Friday in Onitsha during an interview.

He disclosed that a barge recently berthed at the port—the first in 2025.

He said the barge was loaded with tiles from a company based in Ajaokuta, Kogi State.

Mr Osazuwa described the barge’s arrival as a success story that other companies could emulate to cut transportation costs.

Mr Osazuwa listed challenges facing the port to include insecurity, low patronage and delays in dredging the River Niger.

He urged the federal and state governments to provide incentives that would attract more patronage to the port.

The manager also appealed to government to dredge the port, noting that it would ease movement of goods.

According to him, the presence of militant youths and pirates also hampers the port’s full operation.

“Government should assist us in overcoming these challenges and encourage stakeholders to utilise the port,” he said.

He described the port as the “golden egg” of the eastern region, with vast economic potential.

“If fully operational, the port could save money, reduce road pressure, decongest Lagos and other ports, and generate up to N100 billion,” Osazuwa added.

(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

farmers

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

Katsina State

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.”

Senator Ali Ndume

Heading 1

Nigerians want to hear from you; stop letting others speak for you, Ndume tells Tinubu

Mr Ndume also urged the Tinubu government to address rising food prices, transport costs, and other economic challenges affecting citizens.

U.S dollar

Economy

Naira appreciates marginally against dollar at official market

Data published on the official website of the Central Bank of Nigeria (CBN) showed that the local currency gained 63 kobo.

Hot news Home top

France leads global ranking ahead of quarter-final fixtures

France is leading the 2026 FIFA/Coca-Cola World Cup ranking.

African Democratic Party (ADC)

Politics

ADC faction withdraws from Edo LG election, cites credibility concerns

“There is no point participating in an election whose result has already been determined before the exercise is conducted,” Mr Osaze said.

Governor Ahmed Ododo of Kogi [Photo Credit: Twitter]

States

Gov. Ododo donates 10 electric motorcycles to FRSC in Kogi

Mr Ododo said the equipment would enhance the FRSC’s operational capacity, improve emergency response and strengthen highway patrol operations.

Economy

Senate okays sale of Lafarge to Huaxin, demands strict regulatory compliance

The decision follows consideration of the Senate ad hoc committee’s report on the transaction.