House of Reps investigates N600bn monthly loss at Lagos ports

House of Reps investigates N600bn monthly loss at Lagos ports

The House of Reps has commenced an inquest into the degradation at the Apapa as well as Tin Can Island Ports in Lagos; leading to the loss of N600bn revenue monthly.

The House of Reps further urged the Nigeria Ports Authority (NPA); and other relevant Federal Government agencies to fix the quay and terminals in a bid to save the ports.

Furthermore, the Committee on Privatisation and Commercialisation was given a mandate; to “immediately convene a stakeholders’ consultative meeting; to find a lasting solution to the gridlock on the Apapa as well as Tin Can Island access road.”

This issue was based on a motion sponsored by Mr Benjamin Bem at the plenary on Wednesday, December 11.

The motion was titled ‘Loss of Over N600bn Monthly Revenue from Apapa Gridlock/Congestion; and the Dilapidated Terminal Infrastructure in Some Terminals.’

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Moving the motion, Bem said, “The House is worried that the collapse of the quay wall (retaining wall); and the apron area of the terminal, which has the length of 438 meters; could also lead to closure of the only terminal that receives vehicle cargos from across the world into Nigeria; being closed and loss of huge revenue accruable to government; and loss of jobs to many Nigerians.

“The House is further worried that the RORO Tin Can Island terminal alone provides over 500 direct job opportunities to Nigerians; and over 3,000 indirect employment to auxiliary business individuals and corporate bodies around the terminal.

“At the height of rising indices of unemployment in Nigeria; urgent measures must be taken by the NPA; Bureau of Public Enterprises; as well as other relevant government agencies; to fix the decaying infrastructure in and also around the Apapa terminals.”

Bem explained that the Apapa and Tin Can Island Ports were concessioned to private operators; under the Federal Govemment Port Reforms and Modernisation Policy for efficiency and cost reduction.

He stated that it was the responsibility of Federal Government, through the NPA, to fix the affected parts.

Mayowa Oladeji

WRITER at 1ST NEWS
A writer with a keen interest in human stories and topical issues around the world.

mayowa.oladeji@1stnews.com
Mayowa Oladeji

About The Author

A writer with a keen interest in human stories and topical issues around the world. mayowa.oladeji@1stnews.com

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