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Snake Island Port, Port Authority Strengthen Partnership On Infrastructure Development

Yusuf Babalola by Yusuf Babalola
11 months ago
in Business
Tin Can Island Port Nigeria
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Snake Island Port, on Friday, reaffirmed its commitment to port infrastructure development that will advance Nigeria’s economic development.

This was disclosed by the Executive Chairman of Snake Island Integrated Free Zone (SIIFZ), Maher Jarmakani, during a familiarisation tour of port terminals in Lagos Habour by the governing board of the Nigerian Ports Authority (NPA), led by Sen. Dayo Adeyeye.

Speaking during the tour, Jarmakani commended NPA’s continued support for Snake Island Port as they develop world-class port infrastructure.

“This visit indicates the critical partnership between private entities and government agencies in driving regulatory compliance and operational excellence.

We appreciate the Authority’s continued support for Snake Island Port, as we develop world-class infrastructure which strengthens economic growth in the region and further connects Africa with global trade.

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The Chairman of the NPA governing board, Sen. Adeyeye said the authority’s board is delighted to provide the required support for tge Snake Island Port.

“We commend the management of Nigerdock and SIIFZ for their rigorous efforts in developing the terminals through strategic partnerships with global industry players and investment in key infrastructure,” Sen. Adeyeye stated.

He continued, “This development is crucial for economic advancement, and we are delighted to provide the required support.”

LEADERSHIP reports that in November 2024, Nigerdock and the NPA completed an agreement for the development of Snake Island Port, a green port comprising three terminals.

The port is sponsored by Nigerdock and SIIFZ as a Public-Private Partnership with the Federal Government.

 

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Yusuf Babalola

Yusuf Babalola

Yusuf Babalola is a Senior Correspondent with Leadership Newspaper, specialising in maritime, aviation, transport, and economic reporting in Nigeria. He is recognised for well-researched stories that illuminate policy developments, industry challenges, and stakeholder perspectives across Nigeria's logistics, shipping, and aviation sectors. His reporting is noted for its clarity, balance, and commitment to professional journalistic standards.

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