Connect with us

Headlines

Lekki Deep Sea Port: Another Apapa port beckons

—–as Amaechi confesses  FG too broke to connect seaport with rail
Eyewitness reporter
The Lekki Deep Sea Port, the first and biggest port facility in the West Africa sub-region, may become another Apapa port that is notorious for its malignant traffic gridlock.
This is because the multi-billion dollars port facility will not be after all linked with the much-anticipated rail line meant to decongest the already congested Lekki-Ajah road.
The Minister of Transportation, Rotimi Amaechi, has confessed that the Federal Government lacks the financial capacity to undertake such a rail project.
Amaechi make this startling revelation when he undertook an inspection tour of the port complex which is expected to be completed in June and functional by September, this year.

The Minister, who was in the company of the Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, and the Permanent Secretary of transportation ministry, Dr Ajani Magdalene, lamented that in as much as he would have loved to link the port with the rail line, the paucity of funds has incapacitated the Federal Government to do so.
“As a Minister of Transportation, I imagined a lot of things that I could have implemented.
“I imagined that the Lagos-Calabar rail line would start from here, that was my imagination, but, the Lagos-Calabar rail project needs $11.1 billion funding but, there were no such funds at the moment for the project”, he lamented,
The Minister’s confession has now put paid to the expectation of industry stakeholders who advised and recommended that to avoid the recreation of the notorious Apapa gridlock at Lekki deep seaport, the facility, as a matter of expediency, must be connected with a rail line.
According to them, this is necessary in order not to further exacerbate the already congested Lekki-Ajah road.
However, the Minister advised the port contractors to invest in the rail sector, adding that the government will either do tax reduction or do something to help them.”Another advice I could give is if they want to invest, they can invest in rail and then the government will either do tax reduction or do something to help them.

“If we get the 11.1billion as it is, we would probably have to divert the rail line, because Lagos-Calabar rail line actually goes into Lagos city, we can divert it to come to the seaport in Lekki,” he stated.

The minister further disclosed that Lekki deep seaport, when completed and operational, would contribute $360 billion to the Nigerian economy over the course of 45 years.

He said the deep seaport was “a privately funded project, over time, they (contractors), will collect their revenue from the commercial activities before they hand over to the Federal Government.

“But obviously, taxes will be collected here, even they (contractors) will pay taxes, I am not sure there were any taxes mentioned in the agreement, but I doubt if there is any tax exemption.

“So, we will collect taxes here, the confidence in giving them the project is because of the taxes that we will collect here that will help us in the construction of other projects.”

Amaechi, further explained that the contractors will have to recover the money they invested in the project, stating that “in financial terms, in the process of recovering their money, they will contribute to the GDP of the nation annually”.

He said the project will contribute over “$360 billion over the years. It sounds much, but we actually need more of that money to accomplish what we want to achieve.”

On the expansion of the seaport, the Minister complained that the port was not spacious enough to accommodate high-level economic activities in years to come.

“It also depends on how much the economy will grow before then. The growth of the economy will put pressure on the expansion.

“The argument we had in the cabinet is that the need for a deep seaport at Lekki was a result of the fact that the demand for port activities in the country has exceeded the supply of Tincan and Apapa around Lagos.

“This is the first deep seaport in Nigeria, what we had all this while are river ports, the Tincan is a river port, the Apapa is a river port and port Harcourt.

“Right here you have 16.5 meters drafts which are good for the country, but the country needs more than just one of these ports because of the increase in commercial activities in the future.
“We need just more than Lagos deep seaport and for me, before I leave office, I will emphasise on the construction of the Bonny deep seaport,” he stated.Amaechi revealed that the deep port will be completed in June and operational by September 2022.

Continue Reading
Click to comment

Leave a Reply

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

Headlines

Lagos princess congratulates Tinubu, Sanwo-Olu

… tasks them on development of maritime economy
The eyewitness reporter
The President-elect, Asiwaju Bola Ahmed Tinubu, and the Governor of Lagos State, Mr. Babajide Olushola Sanwo-Olu have been tasked with paying attention to the maritime economy for its development for the overall benefit of Nigeria and her citizenry.
Giving the task with congratulatory messages, a Lagos princess, Princess Ronke Kosoko, noted that developing the maritime economy would instigate the economic development of the nation.
Princess Kosoko who is the CEO of Employment Clinic and Coordinator, Project One Million Jobs,
congratulated Asiwaju Tinubu and Governor Sanwo-Olu on their well-deserved victories at the polls.
She was confident that the Nigerian maritime economy will gain immensely from the Tinubu administration even as she enjoined the President-elect to focus on the industry.
Kosoko noted that skilled maritime personnel is aging and there is a need to transfer their wealth of experience to the younger generation who needs to be prepared to take over from the retiring generation.
She disclosed that the Federal Ministry of Transportation had approved the request for Project One Million Jobs to interface with agencies under the ministry for a seamless flow of talks and synergy that will positively impact and lead to a new frontier in the industry.
Ronke Kosoko unveiled her pet project, Maritime Conversion Programme (MCP), which she explained was designed to introduce Nigerian graduates to the maritime sector and improve career prospects.

Kosoko said that the MCP, which has gotten the backing of the government, would give support and connect not less than 5000 Nigerian graduates with the right employers in the industry who can engage them in non-technical aspects of shipping.

She noted that women will be given an adequate percentage under MCP, stating that the MCP is not creating jobs but providing a fertile ground for the transfer of knowledge from old Nigerians in the industry to young ones.

Continue Reading

Headlines

Ekweremadu, wife may go to jail as London court finds them guilty of organ tafficking

Ike Ekweremadu; his wife, Beatrice;
The Eyewitness reporter with agency report

A former Deputy Senate President, Ike Ekweremadu; his wife Beatrice; and their doctor, Obinna Obeta have been found guilty of organ trafficking in the first verdict of its kind under the Modern Slavery Act.

Ekweremadu, 60; his wife, Beatrice, 56; and Obeta, 51; were found guilty of facilitating the travel of a young man to Britain with a view to his exploitation after a six-week trial at the Old Bailey.

They  allegedly criminally conspired to bring the 21-year-old Lagos street trader to London to exploit him for his kidney, the jury found, according to UK Guardian.

Ekweremadu and his wife were charged in the United Kingdom after they allegedly lured a young man from Nigeria to harvest his organ for their ailing daughter, Sonia.
The lawmaker was last year arrested and had been in the custody of UK authorities after they received complaints from the young man about their alleged plans to harvest his organ.

The prosecutor, Hugh Davies KC, told the court on Thursday the Ekweremadus and Obeta had treated the man and other potential donors as “disposable assets – spare parts for reward”.

He said they entered an “emotionally cold commercial transaction” with the man.

The behaviour of Ekweremadu, a successful lawyer and founder of an anti-poverty charity who helped draw up Nigeria’s laws against organ trafficking, showed “entitlement, dishonesty and hypocrisy”, Davies told the jury.

He said Ekweremadu, who owns several properties and had a staff of 80, “agreed to reward someone for a kidney for his daughter – somebody in circumstances of poverty and from whom he distanced himself and made no inquiries, and with whom, for his own political protection, he wanted no direct contact”.

Davies added, “What he agreed to do was not simply expedient in the clinical interests of his daughter, Sonia, it was exploitation, it was criminal.

“It is no defence to say he acted out of love for his daughter. Her clinical needs cannot come at the expense of the exploitation of somebody in poverty.”

Ekweremadu, who denied the charge, told the court he was the victim of a scam.

Obeta, who also denied the charge, claimed the man was not offered a reward for his kidney and was acting altruistically.

Beatrice denied any knowledge of the alleged conspiracy. Sonia did not give evidence.

The judge, Mr Justice Jeremy Johnson, will pass sentence at a later date.

Continue Reading

Headlines

EFCC arraigns bank manager, two others for N55m fraud in Makurdi

Owolola Adebola

The Economic and Financial Crimes Commission, (EFCC,) on Tuesday, March 21, 2023, arraigned one Kichime Gomwalk, a  branch manager of First City Monument Bank, (FCMB,) Michael Damkas Buayam of Tan Global Energy Limited, and Abbas Andrew Dayilim of Castlegate International Limited before Justice P. S. Gang of the Plateau State High Court Jos, on a five-count charge bordering on stealing, cheating and obtaining by false pretense to the tune of N55,000.000.00 (Fifty Five Million Naira) fraud.

Kichime Gomwalk, while serving as branch Manager, FCMB Plc, Murtala Mohammed Way Jos, in Plateau State is alleged to have forged COCIN GRATUITY CERTIFICATE OF PLEDGE/LETTER OF SET-OFF dated 30th DECEMBER, 2019, purportedly co-signed by Mrs. Monica Bitrus Tang and Rev (Dr.) Amos Musa Mohzo, Directors, which he used to secure an overdraft facility from FCMB Plc to the tune of N55, 000.000.00 (Fifty-Five Million Naira) with COCIN Gratuity account N0. 100GOMWALK379 domiciled with FCMB Plc

Count one of the charges reads, “That you, Kichime Gomwalk, Michael Damkas Buayam of Tan Global Energy Limited, and you Abbas Andrew Dayilim of Castlegate International Limited, sometime in December 2019 at Jos, in Plateau State within the jurisdiction of this Honorable Court did conspire among yourselves to commit an unlawful act to with without Lawful authority engaged in the acquisition of N55,000.000.00 (Fifty Five Million Naira) overdraft credit facility from FCMB Plc and thereby committed an offense of conspiracy contrary to section 59 (1) of the Plateau State Penal Code Law, (20017) and punishable under Section 59 (2) of the same Law”.

Count two reads, “That you, Kichime Gomwalk, Michael Damkas Buayam of Tan Global Energy Limited, and you Abbas Andrew Dayilim of Castlegate International Limited, sometime in December 2019 in Plateau State within the jurisdiction of this Honorable Court fraudulently used LETTER OF CONSENT to engage in the acquisition of N55,000.000.00 (Fifty Five Million Naira) overdraft credit facility from FCMB Plc knowing that at the time of acquisition of the said money, it was derived from the unlawful activity and thereby committed an offence contrary to section 18 (a) of the Economic and Financial Crimes Commission  (Establishment Act) 2004, and Punishable under section 18 (2) of the same Act”.

The defendants pleaded ‘not guilty’ when the charge was read to them.

 The prosecution counsel, Uwaise Yusuf urged the court to remand the defendants and fix a date for trial.

The judge adjourned the case till May 18, 2023, and ordered the remand of the defendants at the Jos Correctional Center pending the hearing of their bail applications.

Continue Reading

Trending

%d bloggers like this: