Senate Committee to Meditate Port Concession Agreement Renewal

Senate Committee to Meditate Port Concession Agreement Renewal

By prince Benson Davies

The Senate Committee on Privatisation, led by Senator Sunday Marshall Katung, As part of it’s oversight function of monitoring the performances of concessioned firms, has expressed the committee’s readiness to facilitate a faster renewal of Ports and Cargo’s

This assurance was given during the visit of the committee to Ports & Cargo Terminal in Lagos. Katung said the purpose of the visit was to understand the issues around port terminal operations by the concessionaires and to proffer solutions to identified challenges
for the maritime sector to contribute substantially to the country’s Gross Domestic Product (GDP).

Katung further promised that the committee would liaise with all relevant government agencies connected with the concession renewal for a quicker resolution.
The meeting also highlighted broader industry challenges and opportunities, such as implementing single-window cargo clearance systems and developing inland ports to ease congestion in Lagos terminals.

Caption for the cover image:

L-R: Senator Kelvin Chukwu, Senator representing Enugu East; Mrs Wunmi Eniola-Jegede, Group Coordinating Director, SIFAX Group; Senator Sunday Marshall Katung, Chairman House Committee on Privatization; and Mr. John Jenkins, Managing Director, Ports & Cargo handling Services, during the House Committee’s oversight visit to Ports & Cargo Handling Service Terminal