Close Menu
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Trending
  • How Nigeria, Africa Can Retain Wealth Generated Locally, Tackle Illicit Financial Flows
  • LASWA Kicks Off 2025 Waterways Safety Sensitisation Campaign, Distributes Life Jackets Across Lagos Jetties
  • Suspension Of The 846 Vehicle Valuation System And Urgent Need For A 90-Day Transitional Waiver
  • World Cassava Day: FMN Agro Collaborates FG On Drive For Cassava Industrialization
  • SON Congratulates Yahuza Ado Inuwa On His Appointment As Chairman, Standards Council
  • Nigerian Navy’s Maritime Institute Commences Executive Blue Economy Course For Media Practitioners
  • Customs Renovates, Adopts School In Lagos, Pledges Sustained Support
  • NIMASA’s Aggressive Campaign Against War Risk Premiums: More Talk Than Action?
Prime Time Reporters
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Prime Time Reporters
Home » FG approves the establishment of Calabar Channel Management, lauds Lagos and Bonny Channel Management
Business

FG approves the establishment of Calabar Channel Management, lauds Lagos and Bonny Channel Management

Saint AugustineBy Saint AugustineMarch 28, 2014No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Apparently satisfied with the successes recorded by the Lagos Channel Management and the Bonny Channel Management in Lagos and Calabar respectively, the Federal Government has given nod for the establishment of Calabar Channel Management (CCM) to guarantee the sustainability of the Channel.

The Minister of Transport, Senator Idris Umar who made this known while declaring open the 12th Inter-modal Africa 2014 Exhibition and Conference in Lagos Thursday reiterated the federal government’s commitment towards the resuscitation of the Calabar Access Channel which he said was a joint venture between the Nigerian Ports Authority (NPA) and Messrs Niger Global Limited.

According to him, “I use this medium to reiterate government’s commitment to the resuscitation of the Calabar Access Channel, a joint venture between the Nigerian Ports Authority and Messrs Niger global Limited. The joint venture arrangement is similar to the ongoing Lagos-Bonny Channel Management Companies that are effectively maintaining and managing the channels in Lagos and Port Harcourt.”

The Minister also disclosed that the dredging of the River Benue is currently being processed for final consideration and approval by the federal government stressing that the dredging would guarantee the sustainability of the Lower River Niger Channel and expand the Nation’s inland waterways.

The Minister also disclosed to the gathering that the process for the concession of the Onitsha Port to a private operator with a transactional Adviser appointed to midwife the process was in progress.

On his part, the Managing Director, Nigerian Ports Authority (NPA), Mallam Habib Abdullahi urged the local investors to use the forum to strategize and network adding that the event which was coming to Nigeria for the first time was to create a platform for local investors to meet, interact and network. 

“The event which is organized for the first time in Nigeria is an initiative designed for local investors to meet, interact and network with each other”, Abdullahi said.

Abdullahi further said that the concessioning of the ports to private investors in 2006 has helped to develop the Nigeria Ports even as he noted that prior to concessioning, infrastructure at the various ports were deteriorating due to poor maintenance culture.

As he said it, “due to lack of maintenance of Ports infrastructure, the Quay wall at the Ports were collapsing with inadequate cargo handling equipment and delay in turn around of vessels. But consessioning the ports to private investors solved the problems of infrastructural decay in the ports with cargo throughput increased. Also, we created competition among the concessionaires and since the ports were concessioned, the cargo turn around time has reduced to how it was before”.

He also said that partnership with foreign companies has made big ships berth at the various Terminals.

“We collaborated with Lagos Channel Management and the Bonny Channel management to dredge our channel for bigger ships to come in. The success of the two Channel Managements have made us give go ahead for the establishment of the Calabar Channel Management in Calabar,” he said.

The event is the biggest and the most established Bi -Annual Container Ports, Shipping and Transport Logistic exhibition and conference in Africa taking place for the first time in Nigeria.

The conference which witnessed the participation of four continents cutting across 22 countries was aimed at improving the inter-modal and cross border logistics in the whole of Africa.

The bi- annual conference also creates enabling environment for the world best developers and manufacturers of plants, equipment and transport industry data solution providers to network, market and promote their services.

Calabar Channel Management Mallam Habib Abdullahi Nigerian Ports Authority Senator idris Umar
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous Article“WEB FONTAINE MONOPOLY UNLIMITED” – A GUIDED OPINION.
Next Article NAGAFF 2014 Election: Adekoya emerges KLT Chairman, Ekweozor too
Saint Augustine
  • Website
  • Facebook
  • X (Twitter)

Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

Related Posts

How Nigeria, Africa Can Retain Wealth Generated Locally, Tackle Illicit Financial Flows

July 25, 2025

World Cassava Day: FMN Agro Collaborates FG On Drive For Cassava Industrialization

July 22, 2025

MAMAL 2025: MARAN Set To Expose Maritime Fraud In Gulf of Guinea

July 15, 2025
Leave A Reply Cancel Reply

Recent Posts

How Nigeria, Africa Can Retain Wealth Generated Locally, Tackle Illicit Financial Flows

July 25, 2025

LASWA Kicks Off 2025 Waterways Safety Sensitisation Campaign, Distributes Life Jackets Across Lagos Jetties

July 25, 2025

Suspension Of The 846 Vehicle Valuation System And Urgent Need For A 90-Day Transitional Waiver

July 25, 2025

World Cassava Day: FMN Agro Collaborates FG On Drive For Cassava Industrialization

July 22, 2025

SON Congratulates Yahuza Ado Inuwa On His Appointment As Chairman, Standards Council

July 22, 2025
© 2025 Copyright Primetime Reporters.
  • Home
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.