Senate Committee to facilitate renewal of Ports & Cargo’s concession agreement

As part of its oversight function of monitoring the performances of concessioned firms, the Senate Committee on Privatisation, led by Senator Sunday Marshall Katung, has expressed the committee’s readiness to facilitate a faster renewal of Ports and Cargo’s concession agreement.

This assurance was given during the visit of the committee to Ports & Cargo terminal in Lagos.

Katung said the purpose of the visit was to understand the issues around port terminal operations by the concessionaires and to proffer solutions to identified challenges for the maritime sector to contribute substantially to the country’s Gross Domestic Product (GDP).

Katung further promised that the committee would liaise with all relevant government agencies connected with the concession renewal for quicker resolution.

The meeting also highlighted broader industry challenges and opportunities, such as implementing single-window cargo clearance systems and developing inland ports to ease congestion in Lagos terminals.

Photo caption:

L-R: Senator Kelvin Chukwu, Senator representing Enugu East; Mrs Wunmi Eniola-Jegede, Group Coordinating Director, SIFAX Group; Senator Sunday Marshall Katung, Chairman House Committee on Privatisation and Mr. John Jenkins, Managing Director, Ports & Cargo handling services during the House Committee’s oversight visit to Ports & Cargo Handling Service Terminal in Lagos.