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Onitsha River Port Has Been Concessioned. - Politics - Nairaland

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Onitsha River Port Has Been Concessioned. by naptu2: 1:35pm On Aug 05
tolu ogunlesi @toluogunlesi

Onitsha River Port has finally been concessioned. FEC approved the concession in Feb 2022, and on June 30, 2022, the concession contract was signed, in Abuja (“commercial close”).

Next step is financial close, and then formal commencement of the 30-year concession.

Concessionaire: Universal Elysium Consortium, led by Dr. George Nwangwu, lawyer, academic & expert on infra regulation & privatization

Concession model: Rehabilitate, Operate & Transfer (ROT)

Concession Period: 30 years

Onitsha Port: >12 Ha land; 324m wharf, expandable by 234m

You know why Onitsha River Port is so important ie why it has so much potential?

According to National Inland Waterways Authority (NIWA), 60% of the containers that arrive Nigeria through Tincan, Apapa & Onne Ports end up in the South East.

They mostly travel by road (trailers)

Nigeria has 4 River Ports:

Onitsha (Anambra)
Lokoja (Kogi)
Baro (Niger)
Oguta (Imo)

Onitsha Port is the first to be successfully concessioned.

@NigeriaGov says the remaining 3 will also be concessioned, and the lessons learnt from the Onitsha process will come in handy.

https://twitter.com/toluogunlesi/status/1555492114162745346

33 Likes

Re: Onitsha River Port Has Been Concessioned. by midehi2(f): 1:39pm On Aug 05
Hmmm.....It is well

5 Likes

Re: Onitsha River Port Has Been Concessioned. by Patlab: 1:40pm On Aug 05
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10 Likes 2 Shares

Re: Onitsha River Port Has Been Concessioned. by ImperialYoruba: 1:43pm On Aug 05
This concession must be given to Yoruba to show one Nigeria spirit.

30yrs for us to go help iboland develop like we did in Lagos and Ogun and Abuja.

37 Likes 8 Shares

Re: Onitsha River Port Has Been Concessioned. by Grgton(m): 1:54pm On Aug 05
Paperwork.fg.ng

18 Likes 1 Share

Re: Onitsha River Port Has Been Concessioned. by naptu2: 1:55pm On Aug 05
tolu ogunlesi @toluogunlesi

1-tweet SUMMARY: #PMBPorts

@LekkiPort 95% completed

SGR Link to Apapa Port

Onitsha River Port: concessioned

FEC Approval: New DeepSea Ports in Badagry,Akwa Ibom,Bonny,Warri

Completed: Kaduna Inland DryPort (IDP); Baro RiverPort

Nearing completion: Kano,Katsina, Plateau IDPs

All of these projects are variations on a PPP (Public Private Partnership) theme, by the way. Bringing together @NigeriaGov, State Governments and the private sector (local and foreign players).

https://twitter.com/toluogunlesi/status/1555498229495742466

4 Likes

Re: Onitsha River Port Has Been Concessioned. by Ogbuu101: 1:57pm On Aug 05
ImperialYoruba:
This concession must be given to Yoruba to show one Nigeria spirit.

30yrs for us to go help iboland develop like we did in Lagos and Ogun and Abuja.
Monsurudeen, rest!

134 Likes 3 Shares

Re: Onitsha River Port Has Been Concessioned. by Penguin2: 1:59pm On Aug 05
Good step if the concessionaires would be serious and sincere with the project.

The last I read about the concessionaire, it was owned by a northerner. I’m sure after the uproar it generated, they are now using a certain “Nwangwu” as front.

Not like I care if the concessionaire is Igbo, Hausa or Yoruba, I just wanna be sure it’s not a ploy to sign off that port to an enemy of Southeast who would render the port redundant for a whole 30 years.

94 Likes 12 Shares

Re: Onitsha River Port Has Been Concessioned. by Bonesbreaker: 2:13pm On Aug 05
Cheap advent just like nigeria Aircarrier undecided

18 Likes 2 Shares

Re: Onitsha River Port Has Been Concessioned. by Kelsmatuc(m): 2:22pm On Aug 05
ImperialYoruba:
This concession must be given to Yoruba to show one Nigeria spirit.

30yrs for us to go help iboland develop like we did in Lagos and Ogun and Abuja.
shut up

66 Likes 1 Share

Re: Onitsha River Port Has Been Concessioned. by christejames(m): 2:33pm On Aug 05
I just want to know the impact the concessioning will have on the port?

I need explanation biko... From the look of things the concession sounds nice.

1 Like

Re: Onitsha River Port Has Been Concessioned. by GloriousGbola: 2:36pm On Aug 05
naptu2:
tolu ogunlesi @toluogunlesi



https://twitter.com/toluogunlesi/status/1555498229495742466

in the end, buhari would have been better as a minister of works and infrastructure.

2 Likes

Re: Onitsha River Port Has Been Concessioned. by Odin13: 2:56pm On Aug 05
Nice one from Buhari.

That wan no go make East vote Tinubu

Power to the people
North 2023

3 Likes

Re: Onitsha River Port Has Been Concessioned. by havenz(m): 3:09pm On Aug 05
Pen and paper action government.

Talk is cheap Nigeria limited.

19 Likes

Re: Onitsha River Port Has Been Concessioned. by Nova1982: 3:10pm On Aug 05
grin
Re: Onitsha River Port Has Been Concessioned. by LXG2(m): 3:10pm On Aug 05
Audio concession. By the way how ship wan take pass when dem
don use General M. Buhari bridge block road.

look my siggy e too sweet you no go regret am

1 Like 1 Share

Re: Onitsha River Port Has Been Concessioned. by Winters23: 3:11pm On Aug 05
grin
Re: Onitsha River Port Has Been Concessioned. by omoredia: 3:11pm On Aug 05
� �
Re: Onitsha River Port Has Been Concessioned. by Mazisimonekpa: 3:12pm On Aug 05
No election in Biafraland in 2023

Mazi Simon Ekpa

127 Likes 1 Share

Re: Onitsha River Port Has Been Concessioned. by Vickho: 3:12pm On Aug 05
Port bawo?
The East is landlocked

2 Likes

Re: Onitsha River Port Has Been Concessioned. by NaijaRoyalty(m): 3:12pm On Aug 05
ImperialYoruba:
This concession must be given to Yoruba to show one Nigeria spirit.

30yrs for us to go help iboland develop like we did in Lagos and Ogun and Abuja.
You're not making sense

21 Likes 1 Share

Re: Onitsha River Port Has Been Concessioned. by JaySterling: 3:13pm On Aug 05
Chai Afonja go cry blood

6 Likes

Re: Onitsha River Port Has Been Concessioned. by BATified2023: 3:13pm On Aug 05
At least the igbos can show the true meaning of their developmental prowess now

129 Likes

Re: Onitsha River Port Has Been Concessioned. by PENNYSWAP: 3:13pm On Aug 05
grin

1 Like

Re: Onitsha River Port Has Been Concessioned. by ThrownBack: 3:13pm On Aug 05
Nonsense and it's corresponding ingredients.
Re: Onitsha River Port Has Been Concessioned. by Angelfrost(m): 3:13pm On Aug 05
ImperialYoruba:
This concession must be given to Yoruba to show one Nigeria spirit.

30yrs for us to go help iboland develop like we did in Lagos and Ogun and Abuja.

You just rushed to comment this tripe... To what end exactly?!!

Why does tribalism turn you people on so much?!? This is serious mental illness!

26 Likes

Re: Onitsha River Port Has Been Concessioned. by ednut1(m): 3:13pm On Aug 05
christejames:
I just want to know the impact the concessioning will have on the port?

I need explanation biko... From the look of things the concession sounds nice.
the private company provides funding for the port and collects fees for 30 years. After which FG takes over

131 Likes

Re: Onitsha River Port Has Been Concessioned. by Vulturereloaded: 3:13pm On Aug 05
Though i support Tinubu, i must say Thanks to Goodluck Jonathan and Peter Obi for making this a possibility. Peter obi is really visionary.

While Tinubu developed lekki and was hoping that dangote would build a refinery 20 years after, Peter obi already built a refinery in Anambra.

While hoping that a sea port will come to lekki 20 years later, Peter obi influenced onitsha river port.


https://www.youtube.com/watch?v=FLz2DM4gh2Y

5 Likes

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