Headlines

ICRC gives NIMASA green light to deploy N50b modular floating Dock

—issues business compliance certificate

Eyewitness reporter

After three years of uncertainty and controversy,, the Nigeria Maritime Administration and Safety Agency (NIMASA) is set to commence full operations of its multi-billion Naira modular floating dock.

This followed the issuance by the Infrastructure Concession Regulatory Commission (ICRC) of the certificate of compliance for an outline Business Case for the operation of the facility

The Acting Director-General of the commission, Mr. Michael Ohiani, led a team of ICRC officers to the NIMASA headquarters in Lagos to present the certificate.

Ohiani said the Agency’s outline business case for the Modular Floating Dockyard’s management contract to be operated, maintained, and transferred under a Public-Private Partnership (PPP) arrangement was in compliance with the ICRC Act 2005 and the National Policy on Public-Private Partnership.

Speaking while receiving the Certificate of Compliance, Director General of NIMASA, Dr. Bashir Jamoh, said the Modular Floating Dockyard was a national asset.

Dr. Jamoh assured that the agency was committed to the careful deployment of the drydock in line with relevant regulatory instruments to ensure wealth creation, job creation, and revenue generation for the Federal Government.

He also said issues, such as security, accessibility, and existing complementary infrastructure on ground were considered in the development of a business case for the dockyard, which will be managed on a PPP basis with NIMASA and the Nigerian Ports Authority (NPA), on the one hand, and a management company, on the other.

ICRC would closely monitor the entire implementation process to ensure equity, fairness, and profitability for the Federal Government.

NIMASA Floating Dock

Dr. Jamoh stated, “It is one thing to have the Modular Dockyard, and another for it to enjoy the patronage and be a profitable venture for government.

” So many funds have been invested in the project and it cannot serve just as a workshop for an institution of learning, as being inferred in some quarters.

“Detailed investigation has also confirmed that the dockyard cannot berth at an area earlier proposed for it.

” We got approval from our supervising ministry to deploy the asset on a PPP basis and we are working in conjunction with the Nigerian Ports Authority.

“Our arrangement to utilise facilities at the Continental Shipyard in Apapa is still very much on course.”

The Director-General stated that the seeming delay in the deployment of the Floating Dockyard was due basically to the fact that attention was being paid to details to ensure due diligence, compliance with due process and the eventual durability of the project when it becomes operational.

“The floating dockyard is a national asset and we consulted the ICRC, which is the regulatory agency of government, to review the process of deployment to confirm that it is a worthwhile investment on a PPP arrangement, and today they have confirmed to us that we are on the right path,” Jamoh added.

Ohiani also described the Floating Dockyard as a profitable investment by the government.

He, however, noted that only deployment based on due diligence and effective implementation of the approved business case would ensure the durability of the project.

He stated, “The project is bankable and sustainable. The Nigerian government will get value for money in the project.

” The next step is to get the best concessionaire to provide the services and a full business case will be prepared and taken to the Federal Executive Council (FEC) for approval.

“ICRC will continue to manage the process and we hope to conclude the entire process before the end of the year.

“We will also ensure that the concessionaire does not charge arbitrary fees when it becomes operational. It is a total package we are delivering to Nigerians and we seek their understanding and patience.”

The floating dock was purchased by NIMASA at the whopping sum of N50 billion in 2018 to ensure that vessels that are usually taken abroad for dry-docking are done locally to conserve the scarce foreign exchange.

But since then, it has been enmeshed in a controversy that has rendered it idle while gulping huge resources to maintain and sustain its idleness.

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Headlines

Exclusive! Hope rises on take-off of proposed $3bn Badagry Deep Seaport as NPA, APMT resume discussion

The eyewitness reporter

Barring any last-minute hitches, the proposed Badagry deep seaport project may soon be on the stream as the Nigerian Ports Authority (NPA) has resumed discussions with the lead promoter of the multi-billion project, APM Terminals’ Global investment limited.

The investors/ promoters led a team to the NPA headquarters last Wednesday where they met with Mohammed Bello-Koko, the NPA Managing Director, and his management team.

The discussion centered on the take-off of the Badagry project which was conceived in 2016 to take the pressure off the overstretched Lagos ports.

The investment team was led by Martjin Van Dongen, the Global Head, Business Development of APM Terminals Global investment limited.

An elated Bello- Koko revealed that the two teams discussed how to optimize the potentials of the Badagry Deep Seaport.

“Discussions focused on optimizing the potentials of the upcoming Badagry Deep Seaports and other new ports as NPA Management intensifies action toward the vision to make Nigeria the maritime logistics hub for sustainable port services in Africa”

It could be recalled that the Federal government in 2016 conceived the idea of developing deep seaports in the country to position Nigeria as the hub of maritime activities in the West African sub-region.

The proposed deep sea ports project include Lekki deep sea port, which has already taken off, the Ondo deep sea port, Ibom Deep seaport and Badagry deep seaport.

While preparations for the takeoff of both the Ondo and Ibom sea ports projects are in top gear, that of the Badagry project was initially bogged down by technicalities and disagreement between the NPA and the promoters of the project.

The Badagry deep seaport project is an initiative of a consortium led by APM Terminals, Orlean Invest, Oando, Terminal Investment Ltd and Macquarie.

However, in November 2012, APM Terminals and its consortium partners announced plans to develop the Badagry deep seaport.

In 2020, the NPA disclosed that the promoters paid $500,000 as a commitment deposit into an escrow account to signify their commitment towards the port project.

However, the NPA kicked against the initial Outline Business Case for the port, which has been reviewed to include the suggestions of the Ports Authority.

The Federal Government however has approved a concession arrangement for the development of the Badagry deep seaport project over a period of 45 years.

The approval was finalised following a presentation by the Federal Ministry of Transportation at the Federal Executive Council (FEC) during the last administration of President Mohammed Buhari.

According to officials, the port is expected to generate $53.6 billion in revenue over the 45 years concession period.

The proposed site of the project is located 55km west of Apapa and the port of Lagos, along the 55km long Lagos-Badagry Expressway, which is being upgraded from a four-lane to a ten-lane expressway.

The port is expected to have an annual throughput capacity of 1.8 million Twenty-foot Equivalent Units (TEUs).

The proposal for the project was announced in 2012. Feasibility studies have been completed and construction works are yet to start.

The project will be implemented in four phases, with the overall project cost estimated to range between $2 billion and $3 billion.

Also, it is expected that the new port will primarily ease pressure on the existing ports of Lagos, Apapa and Tin-Can Ports, which handle approximately 85 percent of the country’s non-oil throughput.

It will further alleviate the burden on the country’s existing ports, which are on the verge of exceeding their cargo handling capacities, and address the country’s annual container traffic, which is expected to grow to 10 million Twenty-foot Equivalent Units by 2030.

When fully built, the deep-water full-service port will be one of the largest in Africa with 7km of quay and 1,000 hectares (2,470 acres) of dedicated yard. It will include state-of-the-art facilities for container, bulk, liquid bulk, Ro/Ro and general cargo as well as oil and gas operations support and a barge terminal.

Plans for the adjoining Badagry Free Trade Zone will include a power plant, oil refinery, industrial park and warehousing and Inland Container Deport functions.

Headlines

Jamoh, Bello- Koko, serial award winners, bag National Productivity merit awards

Bello-Koko, Jamoh, NPOM award winners

The eyewitness reporter

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Yusuf Jamoh, is gradually turning into a serial award winner as he has landed yet another plaque of honour from the federal government.

Not left in the harvest of awards which was a reflection of their value-addition in their various endeavours is Mohammed Bello-Koko, the Managing Director of the Nigerian Ports Authority(NPA) who is also a recipient of the National Productivity Diadem and a fellow serial awards winner.

Added to the already crowded roll call of honours of Jamoh is the National Productivity Merit Award conferred on him by the Federal Ministry of Labour and Productivity to recognize the invaluable contributions of the NIMASA DG to the development of the maritime industry.

To underscore his sterling leadership qualities as the DG of NIMASA and his roles in the current revolutionary trend in the maritime industry, the federal government nominated Dr Jamoh as a recipient of the 2021 National Productivity Order of Merit, NPOM, Award.

In a letter of the award signed by Dr Nasir Olaitan Raji-Mustapha, the Director General/CEO of the National Productivity Centre, Abuja, there are five categories of the awards.

Jamoh was listed among the 35 recipients under the category of 2021 Individual Awardees while Bello-Koko was listed among the 36 recipients under the category of 2022 Individual Awardees.

To share the limelight with Jamoh in this same category of the award is the Executive Director, Finance and Administration of the Agency, Hon. Chudi Offodile, while the Permanent Secretary Federal Ministry of Transportation, Dr Magdalene Ajani will share from the euphoria with Bello-Koko under the same category of 2022 recipients of the award.

The official conferment ceremony is scheduled for Monday, June 5, 2023.

An excited Jamoh expressed appreciation to the Federal Government, noting that it is a call to greater service to our Fatherland.“I am spurred by this award, particularly as it is coming from the Federal Ministry of Labour and Productivity, which underscores the ministry’s role in ensuring reward for hard work and productivity in public service”

“Let me also use this opportunity to dedicate the award to the industry’s stakeholders; external and internal, as they have made our work easier as an administration.

“We will continue to strive to make the maritime sector a viable economic driver, especially with the Blue Economy mantra, which is critical to the sustainability of the maritime sector”, Jamoh said.

Commenting the on the selection of the Permanent Secretary of the Federal Ministry of Transportation, Dr. Magdalene Ajani, the DG said it is a well-deserved honour, as she has remained a core professional and astute administrator in the coordination of activities in the Ministry and the Agencies under the supervision of the Ministry.

“I am not surprised by her selection, as she is an administrator par excellence and has remained resolute and professional in the discharge of her duties.

“Little wonder she is commonly referred to as the “Head Mistress” of the Ministry and the Maritime Sector”. I congratulate her on the well-deserving award.

In the same vein, the NPA MD expressed appreciation to the Federal government for the award and said that the recognition will further spur him on to put in his best in his resolve to turn the rich maritime potentials of the country into actualities.

”I will like to express my profound appreciation to the Federal Government for the honour of being conferred with the National Productivity Order of Merit Award.

”This conferment can only spur me and the entire team at the Nigerian Ports Authority whose commitment to exceptional performance culminated in this recognition, to continue pushing the limit and advancing the frontiers of trade facilitation.

”Imbued with the understanding that excellence is a moving target, I want to seize this moment to assure that we will not rest on our laurels in our resolve to turn our rich maritime potentials into actualities’, an elated Koko declared.

The National Productivity Order of Merit Award was instituted by the Federal Government of Nigeria to recognize and honour productive individuals and organizations in Nigeria in the year of the award for achievements made in the preceding years.

Headlines

Shippers’ Council bestows on APMT certificate of registration as regulated service provider at ports

Emmanuel Jime

The eyewitness reporter

AP Moller Terminals led by its Vice President, Mr. Martijn Van Dongen, has led a four-man delegation of the company to the management of the Shippers’Council to receive recognition as a certified regulated service provider at the Nigerian Ports.

This recognition was bestowed on the terminal operators during the visit of his top management staff to the economic regulatory agency at Apapa Friday.

Dongen said the essence of the visit was to strengthen collaboration with the Nigerian Shippers’ Council, the port’s economic regulator.

APMT received its certificate to operate as a regulated service provider during the visit.

Chinenye Deinde, the Legal Adviser and Head of Corporate Affairs of APMT also called on NSC to pursue the National Transport Commission (NTC) Bill, stating that it has the potential to sanitize the maritime sector.

In his response, the Executive Secretary and Chief Executive Officer of NSC, Rt. Honourable Emmanuel Jime said that the Shippers’ Council is working on the review of its enabling Act which he believes will strengthen the agency in its role as port economic regulator.

According to him, the Federal Government is committed to making Nigeria an investment haven for foreign investors while encouraging local entrepreneurs to be creative in growing the economy.

“The strategic location of this country on the African continent makes it a trigger for investments”, the NSC ES/CEO concluded.

Mr. Dongen was accompanied on the visit by Mr. Klaus Holm Laursen, Head of Joint Ventures, Africa and Europe, Mrs. Chinenye Deinde, Legal Adviser & Head, Corporate Affairs, APMT as well as Mr. Frederick Klinke, MD, APMT Nigeria.