adler777:


It's a 45 year concession actually, meaning they only retain those shares for 45 years (which of course is a long time) but the article doesn't mention it. I just did my research cos the ownership sounded too stupid to be accepted by any government...

gasparpisciotta:
Who is behind Tolaram?

The makers of indomie...

If FGN through NPA owns 5% only, this again has confirmed again that the handlers of our National treasury do not know how to negotiate.

forgiveness:
Gbayi! Eko ni baje.

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

BreconHills:


FGN has acted correctly and in line with best practice. No where in the world do government run port services anymore. The 5% is sufficient because the port will be paying taxes.

5% ownership also is not indicative of ceding control. This is a mistake non lawyers frequently make.

There is a shareholders agreement that specifies voting rights. Such rights usually require strategic issues to be agreed upon by the minority shareholder. This is why it is sometimes called a "golden share"

The fact that a shareholder holds a minority stake does not mean they will get outvoted on critical issues.

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

gasparpisciotta:
Who is behind Tolaram?

The makers of indomie...

If FGN through NPA owns 5% only, this again has confirmed again that the handlers of our National treasury do not know how to negotiate.

DMerciful:
Propaganda will not make Tinubu win. Tinubu is too corrupt, shady and unfit to be president

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

DMerciful:
Propaganda will not make Tinubu win. Tinubu is too corrupt, shady and unfit to be president

Believeintruth:


Your misyarning assumes frightening proportions how is Dangote refinery the plan for Eko Atlantic. How many Kilometers is Eko Atlantic from Dangote refinery? Ahhhh stop showing stupidity in high definition.

Believeintruth:


Please just shut it there, you are not Igbo you are a bloody Afonja and you have not said how PO is shady?

BreconHills:


FGN has acted correctly and in line with best practice. No where in the world do government run port services anymore. The 5% is sufficient because the port will be paying taxes.

5% ownership also is not indicative of ceding control. This is a mistake non lawyers frequently make.

There is a shareholders agreement that specifies voting rights. Such rights usually require strategic issues to be agreed upon by the minority shareholder. This is why it is sometimes called a "golden share"

The fact that a shareholder holds a minority stake does not mean they will get outvoted on critical issues.

Brendaniel:
Tinubu supporters are already praising him, later they will tell you Tinubu brought the water that the vessels are landing in the port, before Tinubu became governor Lekki was a desert of sand, Tinubu brought the ocean and laid the foundation for the port...

omonnakoda:
Obi is no better but you prefer him because he is Ibo,Just like others prefer Atiku for the same reason
In such a scenario the numbers do not favor Obi and you need different strategy.
To try to tell us your interest is more than because the is Ibo fools no one problem is Obi is Ibo and very likely there will be a run off between Atiku and Tinubu
Reality.

Do not pretend that Obi is a cleaner candidate
He is seen as IPOB LIGHT

Believeintruth:


Your misyarning assumes frightening proportions how is Dangote refinery the plan for Eko Atlantic. How many Kilometers is Eko Atlantic from Dangote refinery? Ahhhh stop showing stupidity in high definition.

Lanrelagboi:

The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.

DMerciful:
Obi is miles better and you know it but if you don't that means your gullibility is astronomical

omonnakoda:
How do you know what I know

You sound unhinged
Better for whom?
He is better for Ibos
Reality
There will be a run off and Atiku will
Win
Nothing to do with who I support or what I want
Reality

Believeintruth:


Please just shut it there, you are not Igbo you are a bloody Afonja and you have not said how PO is shady?

Herbiodun09:
Haters of Tinubu from igboland will die a terrible death in jesus name. amen

DMerciful:
If Atiku wins, still ok. Atiku is better than Tinubu

omonnakoda:

It is only Iboes that know what is better for them. They are free to make their choice and I expect Yoruba to respect that
What is dishonest is to pretend that there is anything new or different from

1960
1965
1979
1983
1993
All ethnic groups are predictable in Nigeria

DMerciful:
We had the opportunity to break this country so this pretentious one Nigeria ends but you guys fought to ensure that this one Nigeria where the citizens hate each other remains.

You had it coming alright

jahsharon:


He owns the 20% Lagos share. So, what are you gonna do? Emilokan Tinubu the Jagaban Borgu City Boy Extraordinaire is not the one that stopped your father from being successful in life

omonnakoda:
Your bitterness about the civil war is eternal
What has that got to do with the election
Had what coming?
If you want to discuss your bitterness about losing the civil war create a thread for that
What you should know is we can read you and until you purge yourself you will never produce president
The difference is Yoruba do not need presidency and do not consider that Obasanjo was there on our behalf
So whatever we benefited from Nigeria has been under a non Yoruba
If we have regionalism we are okay

reddingtonblack:




whoelse deserves more deserving of the credit, or Is it Peter OBi you expect lagosians to praise.
Despite lagos an active governor when bad things happen in Lagos children of hate will call for Tinubu head buh when development are inaugurate they go dementia, that is the only time they will remember fashola & ambode funny clowns

DMerciful:
When you start mentioning you Igbos, it means you see them as different from Nigerians. So if you see them different perhaps we ought not to be compatriots.

We cannot love what we hate. Have a good day

gasparpisciotta:
Who is behind Tolaram?

The makers of indomie...

If FGN through NPA owns 5% only, this again has confirmed again that the handlers of our National treasury do not know how to negotiate.

dubaino:
there are seaports at Warri, Koko, Lagos, Onne, Port Harcourt, Calabar

Currently, apart from the Onne Port, most of the other ports servicing the Southeast, South-South and the Eastern flank of the North are virtually idle.

Despite having six seaports in Nigeria, Apapa and Tin-Can Island Ports in Lagos is the only one functioning properly.

NOW THIS ONE IS IN LAGOS AGAIN.....

WHAT HAPPENED TO OTHER STATES WITH DEEP-SEA?
na only to collect our Oil them sabi