shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Concessionaires Invest N30.5 Billion On Port Infrastructure

Concessionaires Invest N30.5 Billion On Port Infrastructure

by Joshua
November 16, 2012
in Uncategorized

The Nigerian Ports Authority (NPA) has said that the concessionaires at Apapa port in Lagos  have so far invested N30.5 billion on infrastructure and development since the port was concessioned to them  in 2006.
The Ports Manager, Lagos Ports Complex, Mr Joshua Asanga disclosed this to newsmen during the tour of the port complex by the NPA Managing Director, Malam Habib Abdullahi.
Giving a breakdown of the investments of each concessionaire, Asanga said that APM Terminal had invested almost N18 billion in ports infrastructure since 2006.

The Nigerian Ports Authority (NPA) has said that the concessionaires at Apapa port in Lagos  have so far invested N30.5 billion on infrastructure and development since the port was concessioned to them  in 2006.
The Ports Manager, Lagos Ports Complex, Mr Joshua Asanga disclosed this to newsmen during the tour of the port complex by the NPA Managing Director, Malam Habib Abdullahi.
Giving a breakdown of the investments of each concessionaire, Asanga said that APM Terminal had invested almost N18 billion in ports infrastructure since 2006.
He said that this was the highest investment among the concessionaires, followed by Apapa Bulk Terminal Ltd. which had invested N7.05 billion.
The port manager said that the third highest investor among the private operators was ENL Consortium with N3.9 billion.
According to Asanga, the fourth highest investor is Greenview Development Nigeria Ltd. (GDNL) with N1.7 billion investment in ports infrastructure and development.
Speaking during the tour, the Managing Director of GDNL, Malam Abba Bukar said that the terminal operators would have achieved more since the concession agenda of 2006 if not for their challenges.
According to him,“the port access roads and approaches are in deplorable conditions. “Trucks breakdown easily. Some, park trucks on the main roads, use it as holding bay; carry out repair works and illegal fuelling on the access roads.”
The GDNL managing director said that all the illegal practices on the access roads created unending traffic congestion, thereby making accessibility to the port extremely difficult.
“It also affects turnaround time of trucks and ultimately vessels,’’ he said.
Bukar decried the lack of an enabling law for the ports environment, especially the non-passage of the Ports and Harbour bill.
“Till date, the Ports and Harbour Bill is yet to be enacted.
“This implies an absence of any enabling law to provide legal support to the millions of investments already made in the port from 2006 till date,’’ he said.
According to Bukar, the ports environment could also benefit from provision of electricity and water.
He asked the Federal Government to address the challenges of lack of an intermodal transport system.
He said that there was an urgent need to develop the rail transport system and inland waterways so as to move large volumes of cargo and thus reducing the burden on roads.
The GDNL chief lamented the present tariff structure laid down by the NPA.
“Presently, the approved rate of cargo dues is 4.40 dollars for bulk cargo; out of this, one dollar goes to NPA as cargo throughput fee, one dollar or more for lease fee, stevedoring, NIMASA and so on.
“Ultimately, leaving little or nothing for infrastructure development, wages and maintenance,’’ the News Agency of Nigeria quotes Bukar as saying.
In his response, the NPA Managing director said that the organisation was expediting action on improving infrastructure at the ports.
He said that by the end of the month, some progress would have been made in the port environment.
Abdullahi said that indeed, the port environment was overstretched and encouraged the private terminal operators to partner with government in the new ports coming up in Lagos.
“New ports are coming up like Badagry ports, Lekki ports, Olokola ports, Ibaka ports and we are looking for investors.
“The GDNL chairman can be a participant in these new projects and invest with us,’’ he said.
He noted that the Lagos ports were also overstretched due to the presence of debris and dead trucks in the premises
He said that these should be removed to increase the stacking areas and maximize space.


Related Posts

Customs Hands Over N2.3bn Cash to EFCC At Lagos Airport

December 17, 2025
Vessels Expected At Lagos Ports As At 2nd December, 2025

Vessels Expected At Lagos Ports As At 2nd December, 2025

December 2, 2025
Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

Customs Intercepts Over $480,000, Other Foreign Currencies in Q3 2025

November 10, 2025
$500 Million Spent Annually To Keep Piracy At Bay In The Gulf Of Guinea

Calls for Vigilance Due to Rise in Piracy and Robberies in 2025

October 27, 2025

Discussion about this post

Latest News

Freight Forwarders, Importers Push Back as Shipping Tariff Talks Stall

Freight Forwarders, Importers Push Back as Shipping Tariff Talks Stall

January 22, 2026

Shippers’ Council Urges Stakeholder Consultation Before  Tariff Reviews

CRFFN Pushes Cargo Reforms as MACN Advocates SOP-Driven Enforcement to Reduce Port Delays

WCO, WBG Train Customs on Post-Clearance Audit under Accelerate Trade Facilitation Programme

Weak Shipping Line Regulation Undermines Customs Reforms — SEREC

Maritime Editors to Track Agencies’ Performance as Blue Economy Faces 2026 Test

Vessels Expected At Lagos Ports As At 22nd January, 2026

CRFFN, MACN Roll Out Digital Integrity Tools to Curb Corruption in Freight Forwarding

Six Students Drown in Benue Boat Mishap

ANLCA Faults Shipping Companies’ Increment, Says Nigeria Being Exploited As Cash Cow

Oil Thieves Changing Tactics – OPDS Commander

SEREC Commends NSC Board Inauguration, Urges FG to Constitute CRFFN Governing Council

kindly like our Facebook page

Health

More Reasons You Must Exercise
Health

More Reasons You Must Exercise

December 15, 2025

Exercise reduce your level of anxiety and help you manage stress it also enhance sexual desire and performance Now and...

Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

December 15, 2025
Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

December 8, 2025
WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

December 8, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Facts About Your Body System You May Not Know 

December 1, 2025
Prostate Health Awareness Message Men Must Read

Prostate Health Awareness Message Men Must Read

December 1, 2025
Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

November 24, 2025
Top Men’s Health Issues

Top Men’s Health Issues

November 24, 2025
All You Need To Know About Diabetes

Health Benefits Of Consuming Garden Egg

November 17, 2025
All You Need To Know About Diabetes

All You Need To Know About Diabetes

November 17, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition