Business
‘PH Ports To Remain Comatose Unless …’
Port Harcourt Sea Ports may continue to witness non activities due to the activities of sea pirates within shore of the state if not checked.
The Director of Kiways, a notable Clearing and Forwarding Agent ,Mr Acho Nworgia who stated this in an interview with The Tide on Monday, said the activities of sea pirates within the shore of the state is worrisome and a big loss to the state.
Nworgia explained that for a cargo to anchor at Port Harcourt port, it requires more security which cost the owners more than if it decides to anchor at Lagos ports.
According to him, “this is the reason most cargo ships preferred to stop at Lagos sea ports’’.
He commended the federal government for the intervention on the approval for the dredging of Port Harcourt Seaport and provision of navigational aids for Escravos at the sum of N13 billion.
It was gathered that the federal government released a whopping sum of N900 billion owed the Niger Delta Development Corporation (NDDC) by previous federal administrations to assist the body complete most of its projects in Rivers and other states in the Niger Delta region.
“Rivers State will benefit from the unprecedented allocation of over one Hundred and twenty five billion Naira (N125b) out of the N8.612 trillion appropriation bill presented by President Muhammadu Buhari on Tuesday, November 7, 2017 to the National Assembly to fund capital projects in 2018 in the Niger Delta region’’, he said.