Headlines
Terminal operators to be held responsible for maintenance of port infrastructure under new concession agreement–Bello Koko

” What was agreed in 2006 is no more tenable, the demands of the country and of the NPA are different from what they were in 2006.”
“The federal government through the NPA is resolved to hold Terminal Operators more accountable under the new agreement, on maintenance as well as on deployment of modern equipment in sufficient quantity.”
“Two of the expired leases have agreed to invest in the development of the TinCan Port.
“The need to discuss with the other terminal operators whose leases have not expired became important since development will entail the whole berth.
“It is these fine details that are being worked on, but I believe within the month, they will be finalized and sent to FMOT, FMOJ, BPE, ICRC accordingly,” Bello-Koko said.
He pledged that the NPA management under his leadership will continue to uphold global best practices and ensure the best deal is secured for Nigeria.
Bello-Koko said that the new agreement will ensure that the operators are held accountable for their commitment to invest in port infrastructure to ensure efficiency.
“On the whole, the renewal of these leases has afforded NPA the opportunity to take a closer look at the Port Modernization project of the government, and preliminary agreements together with the renewal documents will be communicated to FMOT in a few days’ time.
The Minister of Transportation, Engr Muazu Sambo had in August, during his maiden visit to the Lagos ports after his appointment, directed the NPA to renew the expired concession agreements within 45 days, a pronouncement which stakeholders scooped at as not being feasible given the long processes involved in the exercise.
Customs
Customs threatens to arrest, prosecute air travellers carrying currency above $10,000 threshold without declaration.


Headlines
Opeifa reaffirms commitment to infrastructural upgrade, staff welfare at Northern District headquarters of NRC in Zaria

Headlines
NIMASA reaffirms confidence in indigenous technical ability in ship building and repairs

He further emphasized that the inspection aligns with the vision of the Minister of Marine and Blue Economy, Adegboyega Oyetola, who has prioritized the development of local capacity in shipbuilding and repairs.
The visit underscores NIMASA’s drive to promote indigenous maritime infrastructure, enhance national security, and advance sustainable growth in Nigeria’s maritime sector.
-
Customs3 months ago
Agricultural produce tops exports of 11,459 containers worth $986.4m through Apapa port in three months
-
Customs3 months ago
Silent jubilation as Comptroller Kola Oladeji is removed as FOU, Zone A boss.
-
Headlines3 months ago
Edward Osagie, Ikechukwu Onyemekara, Muyiwa Akande emerge finalists at 2025 National spokesperson award
-
Customs3 months ago
KLT Customs laments low volume of trade at the command
-
Headlines3 months ago
NIWA warns waterways passengers, operators of danger posed by sunken Dredger under Eko bridge
-
Customs3 months ago
Adeniyi bags Leadership award for Public service person of the year