Maritime
Shippers Protest Intels’ Oil, Gas Cargoes Monopoly
The Nigerian Shippers
Council (NSC) has asked the Federal Government not to grant monopoly of handling oil and gas cargoes to Intels Nig Ltd that operates primarily in Onne, Rivers State, Calabar in Cross River and Warri, Delta State.
The Director, Commercial Shipping Services of the council, Mrs Dabney Shall Homa made the demand at a stakeholders meeting held in Lagos recently.
Shall-Homa said they had been in the shipping industry for 32 years going forward and that there had never been any classification as oil and gas in any part of the globe, adding that it is only seaport terminals that are classified as multi-purpose, container, bulk or general cargo terminals.
“When we put that on our gassete as shippers’ council seeking to identify cargo coming into Nigeria and we distrinquish oil and gas, we were asked by our colleagues internationally from which index did you get oil and gas? Is there any cargo or terminal called oil and gas cargo?
Multi purpose they call it, which could handle anything,’ she further said.
According to her, “we have the general cargo terminals, bond cargo terminals and containerized terminals. That is how terminals are classified internationally and Nigeria cannot be an island because we are trading with others.”
The director noted that if there was any agreement signed as a contract between parties, government could tinker with the contract because the intent of that contact is to create a cartel and not to create a level playing field which is the spirit of concessioning, pointing out that the concession agreement made, had certain critical pillars.
She disclosed that one of the critical pillars was to ensure that there is no evidence of monopoly and dominate position and to create a level playing field, stressing that in doing so, competition would be promoted between the players.
In his speech, a former minister of interior, Capt Emmanuel Iheanacho called for an open market to pave way for competition so that people could have a choice.
Maritime
Inefficiency, corruption bane of Regional Trade,Says NACCIMA Boss
Maritime
Stakeholders Advocate Legal Framework For NSW Project
Maritime
Customs To Impose 3% Penalty On Commercial Banks Over Delay In Remittances Of Collected Revenue
-
Featured4 days agoFubara Redeploys Green As Commissioner For Justice
-
Sports1 day agoAFCON ’25: Osimhen Not Worried By Yekini Comparison, Pressure
-
Business1 day agoKALCCIMA PROMISES KALABARI ECONOMIC GROWTH, INAUGURATES NEW EXECUTIVES
-
Sports1 day agoOgoni Nation Cup : Coach Praise Players In spite 2-0 Loss
-
Sports1 day agoRemo Stars set for Ikenne return
-
Sports1 day agoChelsea Set To Part Ways With Maresca?
-
Sports1 day agoSoname Calls For NPFL referees demotion
-
Entertainment1 day agoBurna Boy’s ‘I Told Them’ Becomes Highest-grossing Tour
