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

Women Hold Key To Africa’s Maritime Future, Says IMO Chief

June 30, 2026

Customs Continues Nationwide Sensitisation on Green Tax Ahead of July 1 Implementation

June 30, 2026
ANLCA Shuts Down AGL’s Kirikiri Terminal Over 300 Trapped Containers, Rising Demurrage

ANLCA Shuts Down AGL’s Kirikiri Terminal Over 300 Trapped Containers, Rising Demurrage

June 29, 2026

Dangote To Revive Olokola Free Trade Zone In Ondo

June 16, 2026

Discussion about this post

Latest News

Nigeria, Abuja MoU Launch Five-Year Capacity Building Programme to Strengthen Port State Control in West, Central Africa

Nigeria, Abuja MoU Launch Five-Year Capacity Building Programme to Strengthen Port State Control in West, Central Africa

June 30, 2026

FG Approves N286Bn For Procurement Of Specialised Maritime Vessels, Dredging

FG Urges States To Leverage AfCFTA For Growth

Boat Mishap Claims 2 Siblings In Rivers, Driver Arrested

Women Hold Key To Africa’s Maritime Future, Says IMO Chief

Customs Continues Nationwide Sensitisation on Green Tax Ahead of July 1 Implementation

ANLCA Shuts Down AGL’s Kirikiri Terminal Over 300 Trapped Containers, Rising Demurrage

Truckers, Cargo Owners Lose Over N85bn Annually To Extortion At 34 Checkpoints Along Lagos Ports’ Corridors —-Investigation  

How Certificate Racketeering, Sea-Time Crises Undermine Nigerian Seafarers 

AfCFTA: Delays, Lack of Direct Flights, Double Taxation Bane Of Nigerian Exports to African Markets – Stakeholders

Experts Raise Concerns Over Nigeria’s Readiness for IMO July MASS Code Implementation 

WISTA Nigeria Supports Maritime Net-Zero Transition

kindly like our Facebook page

Health

JUNE SPECIAL FOCUS ON MENS HEALTH ISSUES
Health

JUNE SPECIAL FOCUS ON MENS HEALTH ISSUES

June 8, 2026

Men face several primary health threats, most notably cardiovascular diseases (like heart attacks and stroke), various cancers (prostate, lung, and colorectal),...

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
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

© 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