Business
Quay reconstruction: Operator, NPA Yet To Agree
The management of the Nigerian Ports Authority (NPA) Port Harcourt and the Ports and Terminal Operators Limited (PTOL) are yet to agree on modalities for the reconstruction of a major quay apron in Port Harcourt Wharf.
The Tide has gathered that the inability of the two parties to reach a consensus yet, has caused delay in the layout and line of actions drawn up by the PTOL towards building modern structures in Port Harcourt Wharf that befits modern port operation, as well as return the port to competitive Maritime business, like other ports in the world over.
Delay in the reconstruction of the quay apron, it was gathered, was due to logistics in terms of the huge finance that will be involved, as well as in the layout plan for which the landlord (NPA) must have to give approval before PTOL can carry out the work.
While speaking to The Tide business on the matter, the public relations officer of PTOL, Mr. Joe Ogudu, said that his company has already mobilized experts and other agents for the feasibility study, pending NPA mobilization of their agents, so that there can be an agreement.
The PRO said that the agreement/consensus became necessary because NPA as landlord to ports operators will be the owner of the quay apron, and that whatever that is expended on the construction of the quay, will be paid back by the NPA.
Without the approval of the NPA, he said work on that quay apron, which is a major quay in Port Harcourt Wharf will not commence, and that will mean delay in the entire business operations, as outlined by PTOL.
He spoke on the desire and commitment of his company to put up state-of-the-art facilities at the wharf, and transformed the plan of PTOL to completely demolish the old and dilapidated quay apron/berth four which it wants to make a major quay apron at the port.
By this development, and if concession is reached by the parties, he said the quay apron will be the only one that will be totally reconstructed among all other quay aprons at the Port Harcourt Wharf.
PTOL, one of the concessionaries in Port Harcourt Wharf since last year, embarked on several rehabilitation of facilities to make Port Harcourt port return to general cargo operations for competitive business like other ports in the West.
Business
NCDMB, Dangote Refinery Unveil JTC On Deepening Local Content
Business
Food Security: NDDC Pays Counterpart Fund For LIFE-ND Project
Business
Replace Nipa Palms With Mangroove In Ogoni, Group Urges FG, HYPREP
-
Rivers5 days ago
Don Sues For Leadership Assessment Centre In IAUE
-
Niger Delta4 days ago
Commissioner Explains Oborevwori’s Retirement Age Extentoon For Associate Profs
-
Business5 days ago
Cassava Flour Initiative Revival Can Up Economy By ?255b – COMAFAS
-
Sports5 days ago
Eagles B Players Admit Pressure For CHAN Qualification
-
Rivers5 days ago
Rivers Judiciary Denies Issuing Court Order Stopping SOLAD from Swearing in RSCSC Members
-
Rivers5 days ago
Group Seeks Prosecution Of Clergy, Others Over Attempted Murder
-
Niger Delta4 days ago
Oborevwori Boosts Digitalisation With Ulesson 500 Tablets To Pupils, Students
-
Business5 days ago
CRG Partner JR Farms To Plant 30m Coffee Seedlings