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Business News of Saturday, 6 August 2022


NPA to rebuild collapse Rivers Port

The Nigerian Ports Authority (NPA) has concluded plans to reconstruct the collapsed berths at the Rivers Port.

operator has a development plan that involves bringing down some of the shades in the terminal to improve the stacking areas and increase the terminal’s ability to handle more cargoes.

Bello-Koko said that the PTOL Terminal also has some collapsed berths, which the NPA is discussing with them on how to rehabilitate so that bigger vessels will be able to berth at Rivers Port.

“We are very serious about the need to increase traffic to the Eastern Ports, that way we can decongest Lagos Ports. Though, most of these ports have draft limitations and we are looking at dredging deeper so that bigger vessels can come and enable economy of scale. We are beginning to see increase activities in Onne Port, which we are happy about, ” he said.

On the access road, the NPA boss said there is need to rehabilitate the roads, which is outside the purview of the NPA, but that they are working with the relevant government agencies to see to that.

He said there is synergy between the Federal Ministry of Transportation and Federal Ministry of Works, adding that government is very serious about repairing all access roads to the port, which has happened in Lagos.

On using tariff rebate to attract patronage to the Eastern Ports, Bello-Koko said that years ago the NPA gave the terminal operators a tariff rebate that did not translate to traffic as relate to the port.

He said that his management is currently reviewing the request for 30 percent rebate put forward by terminal operators but that rebate must come with conditions.

“We are discussing with the terminal operators and we may come up with a higher or lower rebate but we will put a timeline to see the impact of the rebate. Some of the terminals have started getting involved with processing export which is key to the NPA and the country at large. It is one of the things that would determine the amount of rebate to give to the terminal operators,” he added.