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Concession Renewal: Senate Committee to Facilitate Settlement 

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As a part of its oversight perform of monitoring the performances of concessioned corporations, the Senate Committee on Privatisation, led by Senator Sunday Marshall Katung, has expressed the committee’s readiness to facilitate a quicker renewal of Ports and Cargo’s concession settlement.

This assurance was given in the course of the go to of the committee to Ports & Cargo terminal in Lagos.  Katung stated the aim of the go to was to know the problems round port terminal operations by the concessionaires and to proffer options to recognized challenges for the maritime sector to contribute considerably to the nation’s Gross Home Product (GDP).  

Katung additional promised that the committee would liaise with all related authorities businesses related with the concession renewal for faster decision.  

The assembly additionally highlighted broader business challenges and alternatives, reminiscent of implementing single-window cargo clearance techniques and growing inland ports to ease congestion in Lagos terminals.

Please discover hooked up a collection of high-resolution photos from the occasion.

Right here’s a caption for the quilt picture:

L-R: Senator Kelvin Chukwu, Senator representing Enugu East; Mrs Wunmi Eniola-Jegede, Group Coordinating Director, SIFAX Group; Senator Sunday Marshall Katung, Chairman Home Committee on Privatisation and Mr. John Jenkins, Managing Director, Ports & Cargo dealing with providers in the course of the Home Committee’s oversight go to to Ports & Cargo Dealing with Service Terminal in Lagos.

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