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Dredging Of River Niger: Investment Opportunities For Nigerians by taharqa: 12:55am On Aug 22, 2012 |
Away from the political banters thrown around on his forum these days, I thought I should share this INFO on Investment Opportunities in the Inland Water Ways in Nigeria. The Dredging of the River Niger has been COMPLETED while some River Ports have also been completed(others are at different stages of completion). The River Benue is also been dredged. While the benefits of this development especially with the equally important works going on in the Railways and Ports cannot be overemphasized , still most Nigerians are not aware it talk less of the knowing the opportunities therein. DREDGING OF RIVER NIGER: Investment Opportunities for Nigerians http://www.shipsandports.org/detaildiscource.php?id=5 |
Re: Dredging Of River Niger: Investment Opportunities For Nigerians by manny4life(m): 3:31am On Aug 22, 2012 |
Hmm, isn't it rather disturbing that the river was dredged but to what depth? That is the real question. The last I heard about it, it was dredged about 5ft deep, what kind of ships, or barge will ply such depth? However, I like the ideas he has given- They should invest in passenger boats, ferries, different sizes of tug boats, self-propelled barges of different tonnage for the transportation of dry and wet cargo, fishing trawlers, and supply boats. Others include ship chandling, bunkering of boats and vessels, supply of safety equipment and wears, diving services, warehousing and logistics services, equipment leasing, and marine insurance services They should in addition invest in ship and boat building yards, ship and boat repair yards, jetties, and river ports. However, with such depth, little or nothing can be achieved. |
Re: Dredging Of River Niger: Investment Opportunities For Nigerians by taharqa: 5:43am On Aug 22, 2012 |
manny4life: Hmm, isn't it rather disturbing that the river was dredged but to what depth? That is the real question. The last I heard about it, it was dredged about 5ft deep, what kind of ships, or barge will ply such depth? However, I like the ideas he has given- I thought the Depth is a minimum of 2.5m(more than 8ft). The dredged river was never envisioned to be used by large ships but smaller ones, Barges, turge boats etc. I think that the thinking is that huge amount of goods(like Agricultural Goods) and peoples would be transported internally very CHEAPLY from points between Baro in Niger and Lokoja in Kogi to beyond Warri in Delta all year round. Goods meant for Export/Import can join the seaports where the large ships operate. I think what was key for them is the navigability of the route and the commercial advantages in terms of trade that it will trigger amongst the states in the route and between the north and south. Anyways, the purpose of this thread is to inform people of the work that has been done in this respect(most Nigerians do not seem to know much about this) and the opportunities therein . The NIWA or even the operators of the routes might think it necessary to increase the depth of the river later so that larger ships may be able to navigate through the river. http://www.guardiannewsngr.com/index.php?option=com_content&view=article&id=87591:river-niger-now-a-beehive-of-commercial-activities&catid=81:maritime-watch&Itemid=591 |
Re: Dredging Of River Niger: Investment Opportunities For Nigerians by Zutchy: 6:49am On Aug 22, 2012 |
Nice one,this will really help in the transportation of agricultural goods once the FG's reforms in the agric sector starts bearing fruit.,thumbs up to the FG |
Re: Dredging Of River Niger: Investment Opportunities For Nigerians by Acidosis(m): 7:10am On Aug 22, 2012 |
Our Politicians will eventually hijack all the deals. |
Re: Dredging Of River Niger: Investment Opportunities For Nigerians by Nobody: 7:16am On Aug 22, 2012 |
Really? I thought fg has long shelved d dredgin contract aside, its good 2 knw gej made sure d project is completed. If u guys are sayin d dredgin ain't deep enof 2 carry large cargoes or 4 large ships to sail, then the aim has bin defeated since we were told that after d dredgin we can export 2 oda countries. Wel investing in dis sector now wil yield good money. Thumbs up 2 fg |
Re: Dredging Of River Niger: Investment Opportunities For Nigerians by PROUDIGBO(m): 9:38am On Aug 22, 2012 |
nne3870: Really? I thought fg has long shelved d dredgin contract aside, its good 2 knw gej made sure d project is completed. If u guys are sayin d dredgin ain't deep enof 2 carry large cargoes or 4 large ships to sail, then the aim has bin defeated since we were told that after d dredgin we can export 2 oda countries. Wel investing in dis sector now wil yield good money. Thumbs up 2 fg ^^^On the bolded: I'm suspecting the whole dredging thing was one big scam....just a chance for a few gov't rent seekers and civil servants to feather their nests. There's absolutley no reason why -close to a year after the so called dredging was completed- we are yet to see a proper use of the waterways and river ports for transporting goods and passengers.....unless of course the whole project wasn't done properly ; i suspect this is the case. It's very hard to find a gov't project completed on time and to the required specifications, yet the budget for said project will not only be fully utilised, but would also be outrageously inflated.....afterall its taxpayers money so it can be wasted anyhow. What should have been done would have been to concession out the whole thing to one company (for say 10 to 15 years): dredging; commercial use; and managing of all river ports along the dredged channels. If this was done, you would then see a proper job done in all respects, as the company would be eager to recoup its investments in the shortest possible time and begin making profits. |
Re: Dredging Of River Niger: Investment Opportunities For Nigerians by manny4life(m): 12:58pm On Aug 22, 2012 |
taharqa:. I don't know what the minimum is, that is why I made the comment "the last I heard it was dredged about 5ft deep", perhaps I could be wrong in the dept but I do know that that river ain't deep enough. What will you be tugging with tug boats? Isn't tug boats meant to tow out large ships into the open kinda like the machines who push back airplanes? I don't know what kind of barges sail on such low depth, let alone passenger, however, be it as it may, they could really be low capacity one, if there are indeed boat/barges out there that sail on such depth, then I admit my wrong and take it back. My own point is that for such commercialization they expect, I don't like negativity but realistically, it's gonna be HARD. |
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