• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, August 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NPA Concludes Concession Agreement, Awaits Federal Govt Final Approval

by Yusuf Babalola
3 years ago
in Business
NPA
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian Ports Authority (NPA), has disclosed that the concession agreement with five terminal operators that have expired have been concluded and will be submitted to the Federal Ministry of Transportation for final approval.

Advertisement

Speaking over the weekend when the minister of Transportation, Engr Mu’azu Sambo, conducted a familiarisation tour on the agency, the managing director, NPA, Mohammed Bello-Koko, said the agreement will be submitted before the close of work on Tuesday, 4th October, 2022.

According to him, discussion among some terminal operators are inconclusive while some terminal operators are yet to give necessary feedback 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.

RELATED

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

33 minutes ago
Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

4 hours ago
ADVERTISEMENT

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.

ADVERTISEMENT

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.

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10174Tweet6359Share
ADVERTISEMENT
Previous Post

MTNN Raises N115bn Fixed Rate Bonds

Next Post

BREAKING: NDLEA Uncovers N8.8bn Drug In Lagos Duplex, Arrests Billionaire Baron

Yusuf Babalola

Yusuf Babalola

You May Like

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?
Business

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

2025/08/29
Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students
Business

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

2025/08/29
currency exchange process
Business

How To Calculate Pips In Forex And Other Important Tips For Traders

2025/08/29
Fitch Upgrades Afreximbank To ‘BBB’
Business

Japan Agency Rating Reinforces Afreximbank’s Credibility, Says Denya

2025/08/29
BREAKING: Emirates Airlines Resumes Flights To Nigeria October 1
Business

Emirates Airline To Participate In Africa Tourism, Creative Economy Expo

2025/08/29
Tinubu Names Abubakar Dantosho MD Of NPA
Business

NSC Boss Lauds Dantsoho On Election As IAPH Vice President

2025/08/29
Leadership Conference advertisement

LATEST

Xs.com Review: Reliable & Regulated Broker Or Risky Choice?

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

PICTORIAL: VP Shettima Represents Tinubu At Ex-VP Sambo Son’s Wedding In Kano

Tinubu Excited As Nigerian Babalola Emerges As Rotary International President

How To Calculate Pips In Forex And Other Important Tips For Traders

Tottenham Sign Simons From RB Leipzig For £52m

JUST-IN: Many Feared Dead As Sokoto Records Another Boat Tragedy

Jonathan Hasn’t Ruled Himself Out Of 2027 Presidential Contest, Says Ex-President’s Cousin

Court Jails Businessman 6 Months For Cocaine Trafficking

Lagos Records 8,692 Domestic, Sexual Violence Cases In 1 Year

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.