NPE, BPE hand over Warri Terminal to operator

The concessionaire of the Warri Port Terminal “B”, Ocean and Cargo Terminal Services Limited, has taken possession of the terminal after the formal handing over by both the Nigerian Ports Authority (NPA) and Bureau of Public Enterprises (BPE).

The handover was done recently by the Managing Director of the Nigerian Ports Authority (NPA) Haijia Hadiza Bala Usman, who was represented by the Executive Director Marine and Operations Dr. Sokonte Davies and Director – General BPE , Mr Alex Okoh.

According to Leadership, Haijia Hadiza Usman pledged her support for her agency to the concessionaire. She encouraged host communities to give full cooperation to the company for the successful operations at the port.

Usman said: “It is our duty as NPA to achieve an efficient and profitable port management in the country. We are delighted that another milestone is recorded today with the handover to Ocean and Cargo Terminal Services Limited, the winner of the competitive bidding process for the terminal. Be rest assured that NPA will provide the necessary support to help you settle down and operate successfully.

“Let me also use this opportunity to appeal to the host communities to support this community because the presence and smooth operations of this new business will greatly impact the local economy around.”

The DG, of the Bureau of Public Enterprises (BPE) Mr. Alex Okoh, stated that the bidding process, which led to the concession has been transparent, adding that best bidder eventually emerged winner. He urged concessionaire to abide by the terms of the contract agreement, reiterating the stance of BPE to monitor the company’s operations for strict agreement compliance.

He said “Port constitutes strategist gateway to the country and the nation’s economic prosperity, depends to a large extent on how efficient the maritime industry fares. That’s the major reason the industry has received a great attention from this administration. That’s why we are delighted that this terminal will soon enjoy the level of efficiency that other concessional terminals across the country have been exposed to over the years.”

Also speaking, Mr. Adekunle Oyinloye, Group Managing Director, SIFAX Group, the concessionaires’ lead partner, promised that the company will deliver on the mandate of running an efficient port that will be a pride of all Nigerians. In confidence he spoke on the pedigree of the partners that has spanned over three decades in the Maritime industry.

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