NPA shops for investors to reconstruct Tin Can, Apapa ports

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 94%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The Nigerian Ports Authority (NPA) has said it is shopping for multilateral agencies that would fund the reconstruction of the Tin Can Island

The Acting Managing Director of NPA, Muhammed Bello-Koko who stated this in Lagos, said the Minister of Transportation, Rotimi Amaechi had directed the agency to look at possibilities towards the reconstruction of the two ports.

He said both Tin Can and Apapa Ports are not going to be expanded in terms of landmass as this would imply taking over people’s homes, offices, and paying compensations. Currently, he said the quay walls have design limitations of 14 meters, which has made it impossible to dredge the channel and quays below 13.5 metres.

“This means there has to be a financial cost-benefit analysis on the cost implications and then, what is the revenue that is likely to be driven for such decisions to be taken.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hadiza Bala Usman: I challenge anyone to prove I failed to remit funds as NPA MDHadiza Usman, former managing director of the Nigerian Ports Authority (NPA), has challenged anyone with evidence that she... hadizabalausman nigerianports Na wa for o Una dey work for OfficialAPCNg Defendin hollow wood rice pyramids upandan Defendin n taggin looting chick hadizabalausman all around All in a days SCAM hadizabalausman nigerianports APC BOG scammers hadizabalausman nigerianports fraudsters
Source: thecableng - 🏆 2. / 80 Read more »

Hadiza Bala Usman: I challenge anyone to prove I failed to remit funds as NPA MDHadiza Usman, former managing director of the Nigerian Ports Authority (NPA), has challenged anyone with evidence that she... hadizabalausman nigerianports Na wa for o Una dey work for OfficialAPCNg Defendin hollow wood rice pyramids upandan Defendin n taggin looting chick hadizabalausman all around All in a days SCAM hadizabalausman nigerianports APC BOG scammers hadizabalausman nigerianports fraudsters
Source: thecableng - 🏆 2. / 80 Read more »

Traffic Control Collapses, Extortion Thrives On Lagos Port RoadTruck owners operating at Lagos seaports have raised the alarm that the Nigerian Ports Authority’s (NPA’s) Electronic Call-up system has collapsed. In a Breaking news this is to inform the general public that individual can now buy dangote cement directly from the factory at At A (PROMO PRICE) of 3000 Naira per bag and Rice for 29,000 naira per bag. call the marketing manager Mrs Aruna Grace on (07049680896) or (whatsapp)
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Magistrate court remands 2 for 'defilement' 'abduction' in Port HarcourtOne Thompson Orube on Tuesday was remanded in the Port Harcourt Correctional Center by a Magistrate Court sitting in Port Harcourt for allegedly defiling
Source: DailyPostNGR - 🏆 11. / 59 Read more »

NPFL Round-Up: Remo Stars claim second away win, Plateau United win bigWhile Port Harcourt witnessed three goals, there was even more in Jos
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nnamdi Kanu: Ebonyi Residents Abandon Shops In Sit-at-home Despite Governor Umahi’s Threat | Sahara ReportersAlso, shops in major markets were shut, as no single person was seen in the markets. That devil umahi forgot that he's just one person, what does he this he can do? He better give himself brain... No sit at home, howkwanu...? This is bad. Nobodt want to use his life as try and see in this country 😂😂
Source: SaharaReporters - 🏆 9. / 63 Read more »