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1HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
AFRICAN PORTS PRIVATISATION & CONCESSIONING OF PORT SERVICES
NIGERIAN - EXPERIENCE
BY
ABDUL SALAM MOHAMMEDMANAGING DIRECTOR
NIGERIAN PORTS AUTHORITY
PRESENTED AT
THE 7TH PAN AFRICAN PORTS COOPERATION CONFERENCE (PAPC)
HELD AT DJIBOUTI PALACE KEMPINSKI HOTEL, DJIBOUTI
15TH -18TH December, 2008
NIGERIAN
PORTS
AUTHORITY
2HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
OUTLINE OF PRESENTATION
History
Mandate
Functions
Facilities
Initial Challenges
Response to Challenges
Need for Reform
Renewed Initiatives
Reform Objectives
3HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
OUTLINE OF PRESENTATION – Contd…
Reform Process
Pre-reform situation
New Roles
Handover Process
Reform Challenges
Financial Returns
Operational Returns
Projects –Amortized, BOT
Performance Indicators
4HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Port operations and development in Nigeria began in the middle of the 19th century.
Effort towards the provision of facilities for ocean going vessels started in the early 1900.
Plans for capital dredging activities aimed at opening up the Lagos Lagoon commenced in 1906 when orders were placed for dredgers to work at the bar and sanction was given for the construction of the first length of the East Mole.
Port Harcourt Port was opened in 1913 following the discovery of coal in Enugu
HISTORY OF PORT OPERATIONS IN NIGERIA
5HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
The first mail-steamer ‘S/S AKOKO’ drawing 5.64 metres entered Lagos harbours in February, 1914
The construction of the first four deep water berths of 548.64 metres long at Apapa began in 1921
Four berths of 1,920 feet long were developed at Port Harcourt in 1927.
An additional 762 metres of berthage were constructed and about 41 hectares to accommodate transit sheds, warehouses and marshalling yards in Lagos in 1948.
HISTORY OF PORT OPERATIONS IN NIGERIA - Contd…
6HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Port operations and management remained under the control of different government departments during this era (pre-1954)
• Cargo handling at the terminals was the prerogative of Nigerian Railways
• While the Marine Department took charge of vessel movement in the channel up to the quays.
• Maintenance of the quay wall was the responsibility of
the Public Works Department.
Nigerian Ports Authority was established in 1954 by an Act of Parliament and commenced operations in April, 1955
HISTORY OF PORT OPERATIONS IN NIGERIA - Contd…
7HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Nigerian Ports Authority acquired the ports of old Warri and Burutu in 1972 that were originally owned by United Africa Company (UAC) Maritime arm of Messrs John Holts Transport
Calabar Port which was owned and operated by Messrs Palm Line Agencies, Elder Dempster Agencies and United African Company (UAC) was also acquired in December, 1969
HISTORY OF PORT OPERATIONS IN NIGERIA - Contd…
8HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Carry on the business of carrier by land or sea, stevedore, wharfinger, warehouseman or lighterage man.
Construct, develop ports, docks, harbours, piers, wharves, canals, water courses, embankment and jetties.
Invest and deal with the monies of the Authority.
Appoint, license and manage pilots of vessels.
Enter into Agreement with any person for the operation or the provision of any of the port facilities which may be operated or provided by the Authority.
MANDATE OF THE AUTHORITY
9HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
FUNCTIONS OF THE AUTHORITY
Provide, maintain and operate ports facilities
Maintain, improve and regulate the use of the port
Ensure the efficient management of port operations
• Optimal allocation and use of resources
• diversification of sources of revenue
• guarantee adequate returns on its investments
Provide safe and navigable channel
Provide towage, pilotage services and appliances
for salvage of life and property/prevention of fire.
10HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Offer cargo handling and storage services
Ensure safety and security
Control pollution within port limits and their
approaches
Provide ancillary services i.e. ship repair, supply of
water to vessel etc
FUNCTIONS OF THE AUTHORITY – Contd…
11HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Lagos Port Complex
Tin Can Island Port Complex
Rivers Port, Port Harcourt
Onne Port Complex
Calabar Port
Delta Ports, Warri
PORT FACILITIES
12HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
CHALLENGES
Rapid Economic Growth
Containerization
Changes in vessel sizes & architecture
Globalization
Finance
13HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Increase capacity
• Third wharf extension was completed 1977
• Tin Can Island Port also 1977
• New Warri Port was commissioned 1979
• New Calabar Port, 1979
• Onne in the late 70s to early 1980s
Provide efficient service
Minimal cost
RESPONSE TO CHALLENGES
14HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Technical Committee on Privatization and Commercialization Decree 25 of 1988
Its Observations
• Large organization • Unwieldy operation• Lack of commercial orientation
Its recommendations
• Incorporation for private sector orientation• Zonal structure for decentralized control• Establishment of subsidiary companies - Seaview Nig. Ltd and Continental Shipyard
Inconclusive implementation – Later revised
NEED FOR REFORM
15HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
RENEWED REFORM INITIATIVE
2001, World Bank and Federal Government initiative
Diagnostic Study by Royal Haskonning/Dynamar/Challenge International Associate to:
Update existing sector knowledge
Identify key issues
Generate viable options for reform
16HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Recommendation of Royal Haskonning/Dynamar/Challenge International Associate
Landlord model
Three regional authorities
Slim corporate headquarters
Clear role for the FMOT, Corporate Hq, Regional Authorities
Separation of operational from regulatory responsibility
RENEWED REFORMS INITIATIVE – Contd…
17HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
REFORM OBJECTIVES
To increase efficiency in port operation
To decrease cost of port services to stakeholders
To decrease cost to the government for the support of viable port sector
To attract private sector participation so as to free public resources for public services
18HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
REFORMS PROCESS
Appointment of CPCS Transcom as adviser to Bureau of Public Enterprise with responsibilities to:
• Reform, Restructure and Concession
National Council on Privatization
Presidential Committee on Port Reform
• Guide the process
• Dialogue with stakeholders
• Ensure success
19HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Expression of Interest Dec 2003
110 Applications received
94 Pre qualified and issued bid documents
24 Concession transactions concluded, two (2) outstanding
First Hand-over – APM Terminals, 20th March, 2006
REFORMS PROCESS – Contd…
20HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Delineate the ports into terminals and concession them to large independent Terminal Operators for 10 – 25 years.
Operators selected through transparent internationally competitive tenders
S/NO Port No. of Concessions
1. Lagos Port 6 + 1 ICD
2. Tin Can Island & Lilypond 4 + 1 BOT
3. Port Harcourt Port 2
4. Calabar Port 3
5. Warri/Koko Ports 5
6. Onne Port 3
TOTAL 24+1 BOT
* Two outstanding Terminals yet to be concluded
REFORMS PROCESS – Contd…
21HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Ageing Port infrastructure
Port design favoured the handling of loose shed cargo as against containers
Inadequate investment in equipment. Only two (2) Ship-to-Shore cranes were bought since 1978 in Lagos Port
Cumbersome and bureaucratic Cargo clearance
Excessive political pressure affecting operations
Skewed distribution of traffic resulting to over-use of infrastructure in Western Ports and under use of some facility leading to premature obsolescence in Eastern Ports
PRE-REFORM SITUATION
22HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
NEW ROLES OF PRIVATE AND PUBLIC SECTORS
Private Sector (Terminal Operators) • Cargo Operations• Port Labour• Investment in equipment• Investment in terminal maintenance• Insurance of concession assets
Public Sector (NPA) • Port Planning, Licensing and Control• Port Development• Technical Regulations• Marine Services• Channel Management
23HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Conduct joint surveys of fixed assets.
Get inventory of cargo being handed to operators along with terminals
Settle employment and accommodation issues
Termination of existing contracts and agreements
Freeing the terminals of all other moveable assets not to be handed to operators
Address insurance requirements
Sale/transfer of spare parts consumables and moveable assets
HANDOVER PROCESS
24HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
• Downsizing port workers by 75% (about 9,000 redundancies)
• Dismantling casual docklabour system and Pay-off of 13,000 Dockworkers
• Financing severance packages (about US$400 million)
• Programme of re-orientation and attitudinal changes
REFORM CHALLENGES
25HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Preparing redundant workforce for absorption by the market place
Need for capacity building (training and retraining) particularly port employees and dockworkers
Shift from operator to regulator/landlord Regulating the private operator
REFORM CHALLENGES – Contd…
26HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
FINANCIAL RETURNS
• Estimated investment - Over US$1.0 Billion • Estimated income over a concession duration of between 10- 25years:
- Commencement fees - US$44,200,000 - Equipment sales - US$53,145,100 - Lease fees - US$4,852,033,342 Sub Total = US$4,949,378,442 • Projected Throughput fees – US$1,586,490,196.91 Total Estimated Income = US$6,535,868,638.91
27HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
• Reduced vessel waiting time
• Reduced cargo dwell time
• Increased cargo throughput
• Improved berth occupancy
• Improved security
OPERATIONAL RETURNS
28HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
25 no. amortized projects are presently at various stages of completion.
Total value of the projects is US$496,106,014.87
Areas covered by the projects are:
• Road construction
• Berthing facilities
• Dredging of Channels
• Storage facilities
AMORTIZED PROJECTS
29HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
Port and Terminal Multiservices Ltd (PTML) Terminal – a Greenfield Development of RORO Berths 11/12 on 25yrs BOT arrangement.
• 1st Phase: US$62,400,000.00 – Main Project
• 2nd Phase: US$25,000,000.00 – Additional work (Berth 12, dredging and land reclamation)
Total investments: US$87,400,000.00
MEL-SEAMENT Ltd – a berthing facility made of a trestle, 2no. Breasting and a mooring dolphins under construction, capable of receiving post-panamax vessel.
Project cost = US$45,771,508.00
BUILD OPERATE AND TRANSFER (BOT) PROJECTS
30HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
YEARIMPORT (MT) EXPORT (MT)
THROUGHPUT (MT)
1999 15,751,331 6,481,605 22,232,936
2000 19,230,496 9,702,384 28,932,880
2001 24,668,791 11,271,901 35,940,692
2002 25,206,380 11,780,861 36,987,241
2003 27,839,293 11,926,652 39,765,945
2004 26,907,075 13,909,872 40,816,947
2005 29,254,761 15,697,312 44,952,073
2006 31,937,804 17,235,520 49,173,324
2007 33,722,488 20,918,560 54,641,048
2008 Jan-Sept
30,803,353 18,720,889 49,524,242
PERFORMANCE INDICATORS
CARGO THROUGHPUT - PRE AND POST CONCESSION
31HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
YEARNO. OF VESSELS TOTAL GRT
1999 3,123 32,911,941
2000 3,333 44,432,370
2001 3,745 56,106,345
2002 3,500 53,267,921
2003 3,661 60,622,666
2004 3,606 61,384,221
2005 3,692 60,541,810
2006 3,689 63,267,047
2007 4,646 83,197,856
2008 (Jan-Sept) 3,399 67,095,080
PERFORMANCE INDICATORS - Contd…
VESSEL TRAFFIC - PRE AND POST CONCESSIONOCEAN-GOING ONLY– EXCLUDE CRUDE OIL TERMINALS
32HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
PERFORMANCE INDICATORS - Contd… - CRUDE AND LNG
YEAR
CRUDE OIL LIQUEFIED NATURAL GAS
NO. OF TANKERS
GRT OF CRUDE
TANKERS
CRUDE LIFTED (MT)
NO. OF TANKERS
GRT OF LNG TANKERS
LNG LIFTED (MT)
1999 656 62,691,842 92,463,264 46 650,269 1,503,398
2000 757 80,627,950 102,930,079 130 2,887,141 5,953,567
2001 731 60,550,031 100,732,875 149 10,458,086 7,154,965
2002 634 64,302,640 86,284,036 133 9,745,230 8,084,749
2003 657 73,216,175 85,797,681 173 14,690,798 9,292,832
2004 924 100,564,659 117,055,427 220 17,569,209 11,529,827
2005 902 94,984,566 112,872,821 215 17,072,976 11,264,515
2006 840 70,093,870 106,403,640 243 20,628,015 13,284,612
2007 817 90,222,365 105,986,381 344 29,562,631 19,076,748
2008(JAN-SEPT)*
578 63,825,200 73,750,000 292 22,214,870 21,820,809
33HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
PERFORMANCE INDICATORS - CONT… CONTAINER THROUGHPUT (TEU)
-
20,000
40,000
60,000
80,000
100,000
120,000
TEU
JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC
2006 2007 2008
YR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL
2006 61,869
45,844
59,693
41,928
50,412
36,605
63,073
67,732
44,868
70,030
51,999
62,162
656,215
2007 41,873
58,630
52,032
56,815
76,368
39,001
75,535
76,485
67,578
57,265
62,672
71,286
735,540
2008 80,628
67,025
84,600
97,633
74,072
74,261
73,791
89,599
101,500
743,109
34HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
PERFORMANCE INDICATORS - Contd… VEHICLE THROUGHPUT
MONTH 2006 2007 2008
JAN 7,958 12,166 11,485
FEB 5,859 16,469 9,425
MAR 7,076 9,194 11,130
APR 8,321 14,205 13,826
MAY 11,898 15,950 10,442
JUN 6,413 15,859 13,059
JUL 9,100 6,347 17,135
AUG 13,851 13,084 13,623
SEPT 10,483 15,595 19,208
OCT 9,571 10,896
NOV 10,154 13,084
DEC 11,497 24,319
TOTAL 112,181 167,168 119,333
35HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
YEAR WAITING TIMETURN AROUND
TIMEBERTH OCCUP.
(%)
1995 0.47 6.17 27.76
1996 0.46 6.34 36.68
1997 0.47 6.71 36.73
1998 0.39 7.31 41.39
1999 0.36 6.31 47.09
2000 0.34 7.01 44.76
2001 1.27 7.91 51.78
2002 3.99 11.34 56.58
2003 2.17 7.89 52.75
2004 1.44 6.44 50.93
2005 2.60 7.40 49.70
2006 2.00 6.10 46.93
2007 1.00 4.70 47.43
Jan-Sept ‘08 3.72 40.24
PERFORMANCE INDICATORS - Contd…WAITING, TURN AROUND AND BERTH OCCUPANCY
36HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
PERFORMANCE INDICATORS - Contd… APMT - AVERAGE TIME AT THE ANCHORAGE
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2006 18 18.9 24.2 6.4 2.4 1.3 0.6 0.1 0.9
2007 0.3 0.5 0.5 0.4 1 0.4 1.7 1.7 3 2.7 5.5 1.5
2008 1.1 0.6 2.0 1.0 1.3 4.2
0
5
10
15
20
25
30
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
AV
G.
WA
ITIN
G T
IME
(D
AY
S)
2006 2007 2008
37HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
PERFORMANCE INDICATORS - Contd…APMT - BERTH PRODUCTIVITY (MOVES/HOUR)
0
2
4
6
8
10
12
14
16
18
20
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
MONTH
AVG
BER
TH M
OVE
S/H
OU
R
2006 2007 2008
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2006 6.45 5.02 5.9 9.6 9.3 10.8 14.4 15.8 15.8
2007 16.3 14.5 13.8 14 12.6 14.9 14.4 14.2 14 11.3 10.6 15.9
2008 18.2 15.2 14.6 14.7 15.6 14.5 15.6 14.2 14.2
38HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
PERFORMANCE INDICATORS - Contd… APMT - CONTAINER THROUGHPUT (TEU)
0
10000
20000
30000
40000
50000
60000
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
MONTHS
TEU
2006 2007 2008
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2006 18,723 22,069 22,720 38,455 34,959 34,034 43,221 31,649 38,283
2007 37,052 37,011 32,925 28,041 39,930 27,086 41,520 42,195 39,721 36,745 38,105 45,719
2008 44,783 34,233
48,077
48,318
49,273
37,361 40,247
49,739 51,740
39HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
PERFORMANCE INDICATORS – Contd... APMT - CONTAINER THROUGHPUT (TEU)
-
100,000
200,000
300,000
400,000
500,000
2006 2007 JAN-SEPT. 2008
TEUYEAR TEU
2006 284,113
2007 446,050
JAN-SEPT. 2008
403,771
40HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
PERFORMANCE INDICATORS – Contd...
The emerging improvement shown by the performance indicators would lead to efficiency and ultimately lower cost to our customers and more revenue to the Nation.
President, Federal Republic of NigeriaUmaru Musa Yar’Adua GCFR
41HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
SUMMARY
CAPITAL INFUSION
ENHANCED FACILITIES AND EQUIPMENT + TRAINING AND REORIENTATION
ENHANCED EFFICIENCY
PO
RT C
OM
MU
NIT
IES
OTH
ER
STA
KEH
OLD
ER
S
More revenueBetter service at least cost
Preferred ports Generates more investment
Promotes Trade
42HEADQUARTERS: 26/28 MARINA, LAGOS, NIGERIAWebsite: www.nigerianports.org. E-Mail: info@nigerianports.org
NIGERIAN
PORTS
AUTHORITY
THANK YOU
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