Economic activities will soon increase at the concessioned Onitsha River Port in Anambra State as the Federal Government on Thursday, said that big cargoes will soon berth at the port.

The Managing Director, National Inland Waterways Authority, NIWA, Chief George Moghalu made the disclosure while speaking with State House correspondence, after meeting with President Muhammadu Buhari at the presidential villa, Abuja.

Fielding questions from journalists on the agenda of his meeting with the President, Chief Moghalu simply said that the visit was a private one.

He said that discussions were ongoing for the concession of Baro port and as well as the Oguta and Lokoja ports that are still under construction in order to reduce pressure from the government.

According to him, “For Onitsha river port, we have successfully concessioned and handed over to universal Elysium, it is a company that is partnering with Port of Antwerp for the next 30 years.

“Now, because of limited resources and to reduce pressure on government, we opened up discussion with other interested organizations, unsolicited proposals have come for the concessioning of Baro, for the concessioning of Oguta and Lokoja though still under construction.

“So, we are discussing with them. The advantage here is that it will reduce pressure from government, these people own this port, complete the port, put the port to use and pay royalty to government. So, it has a lot of advantage. And we’re working conscientiously on that.

“Before I came to office, Oguta River Port was not on the budget for quite a while, but we eventually brought it back to the budget.

"As we speak, we have finished fencing of the Oguta river port. And we’re doing little by little, depending on resources available to put in place some basic infrastructure that is required for a port to operate.

“Same is applicable to Lokoja. So we’re taking it from two perspectives. Completing the building by government and concession or concession it so that the new concessionaire can complete the ports and put it to effective use.”

Asked when big ships are expected to berth on Onitsha the port, he said, “Very soon. What I did before the concession was that I was able to do a test run, move cargo between Onne and Onitsha and now we are concluding movement of cargo from Lagos to Onitsha and that will be a clincher as far as I’m concerned.”

LeoDeKing:
Peter Obi is a movement.

Peter Obi has started bringing development to the SE despite getting third position in school and presidential election.

We must recover his stolen manhood.

lexylaw09:
Stupid tribe

yarimo:
Hope they won't steal cargoes part and sell it in there spare parts shops

yarimo:
Hope they won't steal cargoes part and sell it in there spare parts shops