Connect with us

Headlines

FG grants firm approval for $2.9bn contract to construct deep seaport in Delta.

 

Eyewitness reporter

The Federal Government has given a Nigerian firm, Mercury Maritime Concession Company (MMCC),  a provisional approval through the Ministry of Transportation to construct a deep seaport at Escravos, Delta State tagged Escravos Seaport Industrial Complex (ESIC-1) for the sum of  $2.9 billion.

The project will be home to eight other projects including a deep seaport, a free trade zone, a crude oil refinery and gas complex and a nature conservation park.

The promoters of the project said it will promote massive collateral investments in commerce, industry, mining, power, housing, recreation and tourism, etc estimated at $50 billion.

The  Chairman of MMCC, Rear Admiral Andrew Okoja, who was addressing a stakeholders’ meeting at the weekend, revealed that the project, which is a maritime-driven project, would generate about 40,000 employment and eliminate criminalities such as piracy in the region.

Okoja said the Escravos seaport project, which would be on 30,000 hectares of land in South West of Warri in Delta State, would decongest the Lagos ports and bring in more people into the maritime industry.

He further declared that all the industries in the world have something to do with maritime, as it carries 90 percent of the world’s resources.

“We have gotten a provisional approval from the Federal Government.

“They told us to lodge in $1 billion and to lodge in your money, you have to go through some certain protocols before you bring out that money. We are to lodge in the money as the capacity to funding not that we are going to give the Federal Government.

“The provisional approval was given through the Ministry of Transportation and we were given a condition, pay $1 billion, we will give you a license. It is like when you need land, you register and you are asked to pay this amount and after paying it, you would be given the land,” he added.

He said the project will be ready in five years, adding that it would boost the economic and national development of Nigeria particularly, Delta State.

Engr. Stephen Kema Okoja, one of the promoters, said Escravos seaport is conceptualized as a modern deep seaport that would handle container Ro-Ro vessels, specialized cargo and general cargo.

“The seaport is designed to primarily serve ESIC-1 and also support Nigeria’s regular international seaborne trade, thus accentuating the contribution of Delta ports to Nigeria’s economic development as well as boosting contributions of Delta State seaports Nigeria’s International seaborne trade from its present to three percent share.”

“Project conceptualized to take advantage of the quick and direct access of ESIC-1 Seaport to the Atlantic ocean as its multimodal transport access to approximately 80 percent of hinterland Nigeria and it’s landlocked countries to transform Delta State into a regional multi-modal transport hub of West Africa,” he added.

Speaking on the specific benefits of ESIC-1, Prof. Charles Asenime, said the central location of ESIC-1 grants Delta State direct multimodal transport accessibility to 70 percent of the Nigerian landmass (four (4) geo-political zones including Abuja) and the littoral nations of the world.

“The development of ESIC-1 project will transform the coastal/foreshore line between Benin river and Forcados river into prime lands for seafront/sea-view property development.

“Such development will check ocean incursion on Delta State coastal land arising from earth warming/sea rising effects caused by depletion of the atmospheric ozone layer.

“ESIC-1 Seaport will substantially eliminate congestion in the Lagos seaports. It will provide a solution to the accessibility and low-draft disincentive to mariners that are associated with sailing to Warri Port, Burutu, Koko, Onitsha, and Port Harcourt ports.

“Will directly open up Delta State and five other geopolitical zones of the nation to International trade, commerce and industry,” he said.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

NRC grants Lagos Government permanent approval to operate Red Line rail services

Funso OLOJO, Editor

The Nigerian Railway Corporation (NRC) has granted final approval to the Lagos State Government to operate two of its rail tracks under the Track Sharing Agreement, paving the way for the full operation of the Lagos Rail Mass Transit (LRMT) Red Line project.

The LRMT Red Line commenced passenger operations on October 15, 2024, with morning and evening peak-hour services following its inauguration by President Bola Ahmed Tinubu.

The permanent approval follows the temporary operating approval granted by the NRC in 2025 under the Track Sharing Agreement with the Lagos State Government.

Presenting the Permanent Operating Licence to the Lagos Metropolitan Area Transport Authority (LAMATA) on Tuesday, June 30th, 2026, the Managing Director of the Nigerian Railway Corporation, Dr. Kayode Opeifa, said the approval confers on the Lagos State Government all the rights and obligations contained in the Track Sharing Agreement.

According to him, the licence also empowers the state to operate rail services in line with international best practices.

Opeifa described the milestone as a testament to the mutual trust, cooperation and shared vision that have continued to define the partnership between the NRC and the Lagos State Government.

“Beyond providing access to the tracks, our collaboration has also included the training and capacity development of the Red Line’s operational personnel, demonstrating the immense value of strong institutional partnerships,” he said.

He commended the Lagos State Government for its confidence in the NRC and its sustained commitment to the partnership.

“I also commend the Government for its remarkable investment in public transportation, particularly in the rail subsector, including the acquisition of adequate rolling stock to meet the growing mobility needs of Lagosians,” he added.

The NRC Managing Director noted that the development of modern rail infrastructure requires foresight, substantial capital investment and sustained political will, qualities he said the Lagos State Government has consistently demonstrated.

Opeifa also urged other state governments across the federation to invest in rail infrastructure and services to complement the Federal Government’s efforts to strengthen Nigeria’s railway network.

According to him, expanding rail transportation nationwide would ease congestion on highways, reduce logistics costs, improve passenger mobility, stimulate industrial and commercial activities, and accelerate national economic growth.

He stressed that rail transportation remains the backbone of efficient mass transit systems in major cities around the world.

“Continued investment in rail infrastructure is essential to providing safe, reliable, environmentally sustainable and high-capacity mobility for our growing population, while significantly reducing pressure on our road network,” he said.

Opeifa reaffirmed the NRC’s commitment to fostering productive partnerships that will transform Nigeria’s transport landscape.

“Together, we will continue to build an integrated, efficient, safe and sustainable railway system that serves the aspirations of all Nigerians,” he concluded.

Continue Reading

Headlines

NPA unveils multi-agency task force to tackle resurgent port access gridlock

Funso OLOJO, Editor

The Nigerian Ports Authority (NPA) has launched a multi-agency task force to combat the resurgence of traffic gridlock choking the Lagos port access roads, in a fresh push to restore seamless cargo evacuation and sustain recent gains in port efficiency.

The intervention followed a stakeholders’ meeting convened by the Managing Director of the NPA, Dr. Abubakar Dantsoho, on June 23rd, 2026, where security agencies, freight forwarders, truck operators and representatives of the Lagos State Government agreed on coordinated measures to eliminate the bottlenecks disrupting cargo movement.

At the meeting, stakeholders identified illegal extortion points, overlapping responsibilities among security agencies and other operational distortions as major factors responsible for the renewed congestion along the port corridor.

Speaking on the outcome of the meeting, the NPA’s General Manager, Corporate and Strategic Communications, Mr. Ikechukwu Onyemakara, said the Authority’s overriding priority is to guarantee the unhindered movement of cargo to and from the nation’s seaports.

According to him, the task force comprises the NPA, the Police, the National Association of Government Approved Freight Forwarders (NAGAFF), the Association of Nigerian Licensed Customs Agents (ANLCA), the Federal Road Safety Corps (FRSC), the Maritime Workers Union of Nigeria (MWUN), the Nigerian Association of Road Transport Owners (NARTO) and the Association of Maritime Truck Owners (AMATO).

“The responsibility of the task force is to monitor truck movement on the port access roads on a regular basis, identify any disruption capable of causing gridlock and immediately resolve such challenges,” Onyemakara said.

He stressed that members of the task force would not establish checkpoints along the corridor but would maintain strategic presence at designated locations to ensure compliance without obstructing traffic.

To enhance rapid response, Onyemakara disclosed that the task force has created a dedicated WhatsApp platform through which members can instantly report infractions or emerging traffic issues for immediate intervention.

On the long-delayed renewal of the Electronic Truck Call-Up (ETO) system contract, the NPA spokesman said the Authority is reviewing the terms to ensure a more robust contractual framework before awarding a fresh agreement.

He explained that although the previous contract had expired, the ETO platform remains operational under the management of the Truck Transit Parks (TTP) pending completion of the procurement process.

He expressed confidence that the renewal would be concluded soon.

Reaffirming the Authority’s commitment to maintaining free-flowing port access roads, Onyemakara said efficient logistics remain central to the NPA’s drive to improve Nigeria’s port competitiveness and preserve its growing international reputation.

“We are more interested in the free flow of logistics into our ports than anyone else because it is in our own interest,” he said.

“If you look at the international recognition we are receiving, including the World Bank report, we are determined to sustain and even surpass the improvements already recorded in our port system.
“You can be assured that we remain fully committed to achieving the best possible performance from our ports.”

Continue Reading

Headlines

Customs Steps Up Nationwide Green Tax Awareness Ahead of July 1 Rollout

Funso OLOJO, Editor

The Nigeria Customs Service (NCS) has intensified its nationwide sensitisation campaign ahead of the July 1, 2026 implementation of the Green Tax Surcharge and related fiscal adjustments, aimed at promoting environmental sustainability and encouraging the importation of cleaner vehicles.

The awareness campaign, held on Friday July 26th, 2026 at the Apapa Area Command, brought together Customs officers, licensed customs agents, freight forwarders, importers and other key stakeholders under the theme: “Implementation of the Green Tax Surcharge and Related Fiscal Adjustments.”

Representing the Comptroller-General of Customs, Adewale Adeniyi, the Zonal Coordinator, Zone A, Mohammed Babadende, said the exercise was designed to ensure stakeholders fully understand the policy before its implementation.

“This sensitisation is designed to ensure that every stakeholder clearly understands the policy before implementation. Our objective is to eliminate uncertainty, promote voluntary compliance and guarantee uniform application of the Green Tax Surcharge across all commands,” Babadende stated.

Delivering a technical presentation, the Comptroller in charge of Tariff, System Audit and Coordination, Murtala Muazu, explained that the Green Tax Surcharge is different from conventional fiscal measures and would therefore require a separate assessment process.

He disclosed that the Service has simplified implementation through the HS Code declaration platform to facilitate seamless compliance by importers and clearing agents.

Muazu also revealed that the Federal Government has reduced import levies on vehicles from 20 per cent to 10 per cent, while import duty on used vehicles has been slashed from 15 per cent to five per cent to cushion the impact of the new environmental surcharge.

Area Controllers who participated in the sensitisation urged importers, licensed customs agents and the trading public to embrace the initiative, stressing that the reduction in import levies would lower the cost of doing business, promote legitimate trade and ultimately reduce transportation costs.

Stakeholders welcomed the policy but called for sustained public enlightenment to deepen understanding and ensure seamless compliance ahead of the July 1 commencement date.

Continue Reading

Trending