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

Home » FG SET TO AUDIT PORT CONCESSION

FG SET TO AUDIT PORT CONCESSION

by Joshua
July 26, 2010
in Uncategorized

 


• Confirms Shipping Position Weekly’s Story
 
Barely one month after Shipping Position Weekly scooped that the Federal Government was contemplating an audit of the four – year old  port concessioning programme, the minister of transport, Alhaji Yusuf Suleiman last week confirmed that a committee to carry out the audit is about to be constituted to evaluate the programme.
He confirmed to visiting members of the governing council of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) that “the Federal Government has set up an audit team to evaluate the effectiveness of the concession. When government decided to give out the ports on concession, it was not because we wanted to keep them as public institutions, but we felt that it should be in line with the best global practices.
Justifying the impending audit, the minister added that : “Since 2006 when we did that, we have not been able to go back as government to assess the situation, but recently we have constituted a team that will give us an audit of what the concession had done so far.”
Shipping Position Weekly had reported in its June 13, 2010 edition that “the audit is expected to focus on the various terms of agreement that were reached between NPA and the Bureau of Public Enterprises, (BPE), and the concessionaires on the other hand. It is also expected to appraise the extent of fulfilment of obligations on the part of the private terminal operators, the extent of provision and maintenance of common user facilities, among others”.
Our source at that time who is also an insider in the transport ministry had given an insight into the mindset of the minister of transport, saying that “the honourable minister is convinced that NPA has lost its control of the situation and he is determined to ensure, not only that the terms of the concession agreements are adhered to, but also to determine the extent of compliance with extant provisions.”, even as he insisted that the exercise is not a probe, “but a simple attempt to ensure that no one is sleeping”.
But last week, the minister assured the CRFFN team which was led on the visit by the chairman of its governing board, Mr Tony Nwabunike that it audit is not an effort that is meant to witch-hunt, but one that is aimed at fine- tuning port operations.
He added that the audit committee is likely to be inaugurated this week.

 


Related Posts

AREFFN Tin Can Chairman Congratulates ACG Onyeka, Welcomes Anani as Tin Can CAC

AREFFN Tin Can Chairman Congratulates ACG Onyeka, Welcomes Anani as Tin Can CAC

May 29, 2026

Imports Hit N67.4tn As Nigeria’s Trade Surplus Crashes 121% In Q4, 2025

May 11, 2026

Why Cargo Clearance Costs Remain High At Nigerian Ports — Stakeholders     

May 11, 2026

Rail Cargo Surge at Lagos Ports, Hits 176,820 Tonnes in Q1  

May 11, 2026

Discussion about this post

Latest News

Ooni Cites Tinubu’s Commendation, Hails CG Customs Adeniyi’s Leadership, Community Impact

Ooni Cites Tinubu’s Commendation, Hails CG Customs Adeniyi’s Leadership, Community Impact

June 2, 2026

Lagos Set to Host the 8th WISTA Africa Regional Conference

Navy @ 70: Tinubu Inaugurates 3 Naval Vessels, Reaffirms Support For Maritime Security

NIMASA Seeks Stronger Media Partnership, Ethical Reporting to Unlock Blue Economy Potential

NIWA Intensifies Waterway Safety Campaign, Enforces ‘No Life Jacket, No Sailing’ in Warri

Free Trade Zones Key To Driving Nigeria’s Industrialisation, Says Expert

Vessels Expected At Lagos Ports As At 2nd June, 2026

MARAN Sets June 23 for Leadership Inauguration, Pushes Ethical Reporting Agenda

AfCFTA SHOCKER: South Africa, Kenya, Ghana, Egypt Beat Nigeria Silly In Certificates Of Origin  

Terminal Operators Risk Losing Operational Space as Lagos Port Modernization, Reconstruction Begins — Investigation

Two Weeks After PEBEC Clean-Up: Gridlock, Illegal Checkpoints Returns At Lagos Port Corridors     

Nigeria, Liberia Strengthen Regional Maritime Cooperation as NIMASA Pushes African Integration Agenda

kindly like our Facebook page

Health

Ovarian Cancer: Why Nigerian Women Are Dying In Silence
Health

Ovarian Cancer: Why Nigerian Women Are Dying In Silence

May 18, 2026

For some months, Ms Sadijeamin Okobalosheh dismissed the constant heaviness in her lower abdomen as a “spiritual load” or the...

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
Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

Why Nigerians Must Reduce Excessive Salt Intake – Public Health Expert

May 4, 2026
Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

Nigeria, 9 Others Account For 70% Global Hepatitis B deaths —WHO

May 4, 2026
Your Stool Determines The State Of Your Health

World Liver Day 2026: Low Awareness Threatens Fight Against Liver Disease – Experts

April 27, 2026
Your Stool Determines The State Of Your Health

Your Stool Determines The State Of Your Health

April 27, 2026
WARNING: High-Salt Diet May Speed Memory Decline In Men

WARNING: High-Salt Diet May Speed Memory Decline In Men

April 20, 2026
8% Nigerians Live With Diabetes – Official

8% Nigerians Live With Diabetes – Official

April 20, 2026
SALT USAGE ADVISORY: WHO, NAFDAC Warns Against Excessive Salt Intake, Recommends 1 Teaspoon Of Salt Daily

Some Health Benefits of Tomatoes?

April 13, 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