Lagos — Federal Government's decision to concession the nation's ports has led to an appreciable increase in the revenue accruable to it, Managing Director of the Nigerian Port Authority, NPA, Engr. Omar Suleiman, has said.
Suleiman noted that it was the desire of the Federal Government to reposition the ports for greater efficiency to attract private sector participation in the maritime industry.
He disclosed this at the 18th Breakfast Session of the American Business Council in Lagos, weekend.
In a statement by Micheal Ajayi, General Manager in charge of Public Affairs of NPA and made available to Vanguard, the NPA boss said that port concessioning was aimed at meeting the demand of shipping in the 21st Century to ensure harmonised integrated development and to address all challenges that could hamper trade facilitation.
Suleiman also told the Council that government intention to achieve the above led to the approval of the construction of 1.6 kilometer dual carriage road in Apapa, Tin-can Island Service Lane, Kirikiri Lighter Terminal Phase 11 and Industrial Estate Road at Tin-can Island, which had been completed.
On inter-modal transportation system in the ports, Suleiman said NPA is collaborating with Nigerian Railway Corporation to rehabilitate rail network of Lagos and Port Harcourt ports.
He also told the Council that the Federal Government has embarked on the rehabilitation of the harbour to protect it and provide calm waters for vessels navigating and berthing at Lagos ports.
Ongoing rehabilitation of the moles, he said, was aimed at restoring the integrity and stability of the break waters damaged over time due to wave attacks and erosion.
NPA, he said, has embarked on continuous management of the channels via two joint venture companies.