Niger Delta
Calabar Port Complex Receives 72 Vessels in Five Months
The Calabar Port Manager, Mr Festus Olumati, at the weekend, said vessel traffic at the port complex between January and May was 72.
Olumati gave the figure during the visit of the Managing Director, Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, to the Calabar Port.
The port manager said between January and May 2022, vessel traffic into Calabar Port recorded high returns with huge corresponding increase in the revenue of the authority.
“Within the period under review, the Gross Register Tonnage (GRT) is 1,611,441 and a cargo throughput of 990,154.
“Cargo turn around time is four days per ship, with 16 container 24-foot Equivalent Unit (TEUs) and 15 per cent berth occupancy.
“From January to May 2022, our revenue growth earnings increased as follows: revenue generated in dollars, $6.6 million, while the actual revenue in dollars collected was $5.8 million.
“The revenue generated in naira is N646 million and the revenue collected in naira is N309.2 million,” he said.
Olumati stated that the Calabar Port Complex had been reconnected to the national grid, as the management had resolved the frosty relationship between the NPA, Calabar Port Complex and the Calabar Electricity Distribution Company (CEDC).
He said despite huge improvements, the Calabar Port was still faced with some growing challenges impeding its attainment of her full capacity as one of the fastest-growing ports in Nigeria.
He listed some of the challenges to include: Low depth of the Calabar Port water channel, which required full dredging, collapsed berth at the shoreline jetty, abandonment of Delta Queen Rig since 2012 and others.
Responding, Bello-Koko said that he would ensure that the berth occupancy, which stood at 15 per cent, be improved.
On light and encroachment on the port land, he urged the port manager to ensure that whatever had been collected back be put to proper use, to avoid encroachment.
He congratulated the staff for the berthing of a vessel at the port, noting that it was a big feat, and also appreciated them for attaining the ISO certification.
“I hope we get to see that we don’t celebrate this after another year or month. Management will work with you to ensure that it becomes a new normal in the port.
“Dear colleagues, it gives me pleasure to physically engage with you today.
“As you must have noticed from my several correspondence through email, we are committed to openness of communication between management and staff.
“Your opinion and idea matter to us and as such, we will appreciate constructive feedback from you through appropriate channels.
“The task of ensuring that our strategic intent to be the maritime hub for sustainable port services in Africa goes beyond mere rhetorics, it’s a collective one.
“This is why I expect that all hands should be on deck,” he said.
Bello-Koko stated that all hands being on deck would ensure not only to meet, but to also surpass stakeholders’ expectations and add greater value to the national economy.
The Tide’s source reports that the Calabar Port Complex stands on the threshold of about 45 nautical miles, which is approximately 83 kilometers, comprising the Old Port, the New Port and the Dockyard.
Currently, Calabar Port is operated by three world class Terminal Operators namely: ECM Terminal Ltd., INTELS Nigeria Ltd. and Shoreline Logistics Nigeria Ltd.
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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