Onne Port Complex is one of the largest oil and gas free zone in Africa, where major industry players from the exploration up to the completion phases operate.
Port Strategy pointed out that Onne Port, which is the only major modern port in Eastern Nigeria has long been monopolized by Intels Nigeria for Oil and Gas cargo and West Africa Container Terminal for containerized imports. On the containerized cargo side, which is the most important mode of imports for the Nigerian consumer, Port Strategy argues that West Africa Container Terminal, has enjoyed a monopoly without sufficient investments which is now resulting in lack of port capacity and very long waiting times for customers waiting for their cargo.
According to port users, it is a welcome change and one that represents progress in the nationwide drive to deliver competitive port and logistics services.’ICTSI Chairman and President, Enrique Razon Jr., had earlier said: “We will progressively align OMT’s facilities and service capacity to the needs of the diverse customer base the terminal ins intended to serve,” he added.
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