Headlines
Sifax Group drags Federal government over delay in renewal of port concession agreement.

John Jenkins has expressed deep concerns over the delay in the renewal of the port concession agreement initially signed with the Federal Government of Nigeria in 2006.
According to him, the delay has destabilised Ports and Cargo’s operations, caused uncertainties among customers, and hindered potential new business opportunities.
Speaking during a visit by a team from the Nigerian Shippers Council led by the head, Complaints Unit, Mr. Bashir Mohammed, Jenkins lamented that the renewal process of the concession, which he said was winding and laborious, has been stalled since the contract expired in 2021, despite meeting all the necessary terms for a new contract renewal.
“Ports & Cargo remains one of the leading terminal operators in Nigeria with our record of exceptional service delivery, trade facilitation, many jobs created, and diverse social responsibility footprints across the country.
Meanwhile, the leader of the team, Mohammed, while speaking earlier, said the objective of the visit was to familiarise with the operators in the sector and explore ways of cooperation, lauded the terminal for its impact and contributions to the growth of the industry in particular and the nation at large.
He emphasised that one of the key objectives of the Council was to ensure that service providers, consumers, and other stakeholders in the shipping sector experience prompt and fair resolution of complaints.
“We are committed to adding value to the nation’s economy through effective regulation and collaboration with service providers,” he said.
He noted the complaint about the concession renewal, adding that the Nigerian Shippers’ Council, as the industry economic regulator, will use its influence to expedite the approval process.
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