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

Home » Dredging Key For Onitsha River Port Concession Benefits – Shippers

Dredging Key For Onitsha River Port Concession Benefits – Shippers

by Joshua
February 9, 2022
in Featured, News

The Shippers Association of Lagos State (SALS) says dredging of the Onitsha River Port is key for optimal utilisation and concession benefits.

President SALS, Rev. Jonathan Nicole, disclosed this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos.

Rev Jonathan-Nicol

Nicole spoke against the backdrop of the concessioning of Onitsha River Port by the Federal Government to Messrs Universal Elysium Consortium for 30 years.

The Infrastructure Concession Regulatory Commission (ICRC) on Feb. 3 said that the Federal Executive Council had given approval for the concession of the Onitsha River Port.

According to the acting Head, Media and Publicity, ICRC, Manji Yarling, the Federal Government will generate over N50 billion from the 30-year concession of the Onitsha River Port.

Yarling said the concession was approved under a rehabilitate, operate and transfer (ROT) arrangement.

Nicole added that the dredging would make waterways and port navigable and as well assist coastal protection.

“The river port also has a natural phenomena during dry season, the river is filled with sand during the period.

“We believe all of these have been put into consideration before the concession for 30 years. Nothing is impossible to do when the time comes.

“The concession agreement has not yet been made public for us to see if cargo owners using the port will be given concessions due to navigational delays, security and safety to cargo.

“We congratulate the concessioners and wish them the best of luck in their huge investments for 30 years,” he said.

Read Also:  Agency Withdraws Methanol-Laden PMS From Market

Nicole, however, noted that the port was strategic for transporting goods to the southeast from Lagos, Port Harcourt and its environs.

He urged the Anambra State Government to provide the enabling environment for port duties in Ontisha.

“Presently, the Onitsha port is not functional at all, because people will not like to risk their goods through routes that are not navigational.

“It takes two weeks or more to move containers from Lagos to Onitsha by road, while it will take less than three days by water, this is more economical and so the plan is a welcome one.

“We are looking at a difficult situation being solved by a group of business men in Onitsha port and that is good for them,” he said.

shippingposition

Kindly like us on Facebook


Tags: Onitsha River Port

Related Posts

Customs Intercepts ₦26.57bn Cannabis Hidden in Imported Vehicles at Apapa Port

Customs Intercepts ₦26.57bn Cannabis Hidden in Imported Vehicles at Apapa Port

July 14, 2026
Starz Investment @40

PHOTO NEWS

July 14, 2026
NIMASA Expands Grassroots Campaign Against Stowaways In Lagos Communities

NIMASA Expands Grassroots Campaign Against Stowaways In Lagos Communities

July 14, 2026

FG Granted N34tn Import Duty Waivers In 2025 – Customs CG

July 14, 2026

Discussion about this post

Latest News

Customs Intercepts ₦26.57bn Cannabis Hidden in Imported Vehicles at Apapa Port

Customs Intercepts ₦26.57bn Cannabis Hidden in Imported Vehicles at Apapa Port

July 14, 2026

PHOTO NEWS

NIMASA Expands Grassroots Campaign Against Stowaways In Lagos Communities

FG Granted N34tn Import Duty Waivers In 2025 – Customs CG

Navy Dismantles Emerging Crude Oil Theft Storage Infrastructure In Rivers

IMO Council Reaffirms Commitment To Protecting Vital Shipping Lanes

Navy, NDLEA Joint Operation Disrupts Illegal Drug Trade In Delta, Nabs Suspect

NDLEA Intercepts Illicit Drugs Worth N10.3bn At Lagos Port

Stable Naira Boosts Import Planning, Predictability, Investor Confidence, But Inflation Persists — Stakeholders

NPERA Bill: Stakeholders Raise Concerns Over Delay, Seek Presidential Assent Before End of 10th Assembly 

Indigenous Shipowners Need Stronger Government Protection — NSC Retiring Director 

Nigeria Spending $1bn Yearly on Fish Imports Despite Vast Marine Resources—Dangote

kindly like our Facebook page

Health

Herbal Remedies: Nutritionist Raises Safety Concerns
Health

Herbal Remedies: Nutritionist Raises Safety Concerns

July 6, 2026

A Nutritionist, Mr Douglas Akuba, has raised concerns over the growing reliance on herbal remedies by many Nigerians, warning indiscriminate...

JUNE SPECIAL FOCUS ON MEN’S HEALTH

JUNE SPECIAL FOCUS ON MEN’S HEALTH

June 29, 2026
Prostate Health Awareness Message Men Must Read

Prostate Health Awareness Message Men Must Read

June 15, 2026
JUNE SPECIAL FOCUS ON MENS HEALTH ISSUES

JUNE SPECIAL FOCUS ON MENS HEALTH ISSUES

June 8, 2026
Health Benefits And Side Effects Of Bitter Kola

Health Benefits And Side Effects Of Bitter Kola

June 8, 2026
NCDC Places States On High Ebola Preparedness Alert Over Importation Risk

NCDC Places States On High Ebola Preparedness Alert Over Importation Risk

June 1, 2026
It’s The Season Of Corn

It’s The Season Of Corn

June 1, 2026
Ovarian Cancer: Why Nigerian Women Are Dying In Silence

Ovarian Cancer: Why Nigerian Women Are Dying In Silence

May 18, 2026
Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

WARNING: No Amount Of Sex, Special Diet Can Prevent Prostate Cancer

May 11, 2026
Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

Beware: ‘Agbo’ Can Kill Asthmatics, Inhalers Save Lives — Pulmonologist

May 11, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial 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