Punch
The Infrastructure Concession Regulatory Commission and the Nigerian Shippers’ Council are set to revive six moribund ports whose contracts were signed in 2006.
To commence the process, ICRC on Wednesday held a meeting with NSC, which is the owner of the projects, and the concessionaires, according to a statement.
The purpose of the meeting was to get the six inland container depots located in each of the geopolitical zones of Nigeria to become operational.
The statement quoted the commission’s acting Director-General, Mr. Mike Ohiani, as saying that when completed, these ICDs would bring the required benefit to the country Nigeria.
“We are not unaware that at the material time that the contracts were signed, ICRC as a commission had not been set up, so no proper outline business cases were done for the projects like we now do, but I want us to have a frank discussion so that we can chart a way forward,” he said.
The commission reminded the concessionaires and that NSC that by its Act, it is to take custody of all PPP contracts including the ones for the ICDs.