• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, July 6, 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

Expired Ports Concession Agreement Ready In 45 Days –Minister

by Yusuf Babalola
3 years ago
in Business, News
Minister
Share on WhatsAppShare on FacebookShare on XTelegram

The Federal Ministry of Transportation, on Friday, said that the concession agreement of five terminal operators that has expired will be ready in 45 days.

 

Advertisement

Speaking in Lagos during a tour of the Lagos seaports and terminals, the minister of Transportation, Engr Mu’azu Sambo, said all necessary factors have been considered into the new agreement which is expected to correct the shortcomings in the first concession agreement.

 

LEADERSHIP reports that five terminal operators whose lease agreement have expired include, ENL Consortium, operator of terminal C and D, at the Lagos ports complex, Apapa; Josepdam Port Service Limited, operator of terminal 1, 1a and 2; Port and Cargo, operator of terminal 6,7,7a, 8 and Five Star Logistics Ltd, operator of terminal 9 and 10 at the Tin-Can Island Port and AMS Terminal, Delta State.

 

RELATED

Abia, NRCRI To Establish Agro-processing Zone

Abia Community Joins Protest Against Privatisation Of Cocoa Estate

15 minutes ago

Association Decries Use Of Babies With Cleft Lips For Sacrifice

16 minutes ago

stated that the government cannot wait for another six months before the concession agreement will be renewed.
“We are not going to wait for six months to renew the agreement, I do not have six months. I would make sure that the concessions are renewed in the next 45 days”
The minister, however, commended the efforts of terminal operators in transforming port operations over the years even as he appreciated the massive job opportunities availed Nigerians at the terminals.
His words: “At SIFAX alone, I have learnt that over 7,000 Nigerians have been employed. Each Nigerian employed means that a minimum of ten people are being cared for either directly or indirectly. So, this means that SIFAX is responsible for feeding over 70,000 Nigerians. This is just one terminal caring for this number of people and probably educating their children.”
The minister assured that he was going to give the reconstruction of the Tin Can Port dilapidated quay aprons priority attention.
According to him, the quay aprons of the port are getting destroyed due to total absence of maintenance.
Speaking, he said “I have advised the management of NPA, in the past, there is what we call; Programmed Preventive Maintenance, this is why at every port, we have an engineering outfit headed by the Chief Port Engineer.
“Part of his responsibility is to draw out preventive maintenance programmes for the ports under his jurisdiction every year, take it to the headquarters for consideration and approval, and that forms part of the forthcoming budget.
“If you carry out preventive maintenance, you would avoid a lot of these deterioration that is taking place, this is the truth, the sooner we accept it, the better.” He said.
Speaking further, Eng Sambo said “As you would recall that I was posted to the Federal Ministry of Transportation on the 6th of June, this is actually my second official assignment outside Abuja. I was in Kano for the Dala Inland Dry Port to declare it as a port of origin and destination. Today I am in Lagos, the maritime headquarters of Nigeria.
“The purpose of my coming to Lagos is to look at the ports and the related infrastructures which are supposed to support maritime activities. As you all know, the ports are the gateway to the nation’s economy.
“If we get our acts right, the maritime industry can replace the revenue from the oil industry, this is why we have come to see how we can support the port authorities in order to improve on their deteriorating structures” he said
Speaking earlier at the Ports and Cargo Terminal at Tin Can Port owned by SIFAX Group, Eng Sambo said the NPA had approached him with a devastating problem that the Tin Can Island Port is facing.
“I personally attached importance to the maritime industry, there are billions of dollars that can be earned from the maritime industry if we get our acts right”
Meanwhile, he maintained that automation is the only way to drive efficiency at the nation’s seaports and encouraged Nigerian Ports Authority (NPA) to intensify efforts geared towards automated processes.
“While we encourage NPA to improve automation, we are thinking seriously about the port community system because it is crucial to the development of the maritime sector. So, with automation and an efficient port community system, all port processes will be enhanced very soon,” Sambo said.
Sambo was accompanied on the tour of Lagos ports and railway by the managing director of NPA, Mohammed Bello-Koko; director general of Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh; managing director of Nigerian Railway Corporation (NRC), Engr. Fidet Okhiria and executive directors of other transport agencies.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

LCCI Calls For Efficient Digital Infrastructure In Nigeria

Next Post

DMO Auctions 3 FGN Bonds Worth N225bn

Yusuf Babalola

Yusuf Babalola

You May Like

Abia, NRCRI To Establish Agro-processing Zone
News

Abia Community Joins Protest Against Privatisation Of Cocoa Estate

2025/07/06
News

Association Decries Use Of Babies With Cleft Lips For Sacrifice

2025/07/06
Villa Forces Prevented Osinbajo From Implementing Ideas– Galadima’s Daughter
News

Villa Forces Prevented Osinbajo From Implementing Ideas– Galadima’s Daughter

2025/07/06
Billionaire Kano Businessman, Aminu Dantata, Dies At 94
News

Dantata: Legacy Of A Philanthropist

2025/07/06
No Investment Too Much In Education, Says Barau
News

Constitution Amendment Will Fix Nigeria’s Challenges –Sen Barau

2025/07/06
We’re Working To Fulfil All Agreements With Labour – FG  
Education

How We’re Handling Security Challenges – Varsities, Others

2025/07/06
Leadership Conference advertisement

LATEST

Abia Community Joins Protest Against Privatisation Of Cocoa Estate

Association Decries Use Of Babies With Cleft Lips For Sacrifice

Villa Forces Prevented Osinbajo From Implementing Ideas– Galadima’s Daughter

Dantata: Legacy Of A Philanthropist

Constitution Amendment Will Fix Nigeria’s Challenges –Sen Barau

How We’re Handling Security Challenges – Varsities, Others

2027: Coalition Leaders Relocate To Regions, Begin Mobilisation

Naval Gunboat Capsizes In Delta, 3 Officers, 3 Others Die, 3 Missing

New Constitution: Take Your Requests To State Assemblies, NASS Tells Nigerians

ICC Under Fire Over ‘Bias’ Against Africa

© 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.