Transforming Nigeria Infrastructure & Growth
Port Terminals
ā
Major Ports reform in 2004, to improve clogged, inefficient, and
very expensive ports.
Experienced private operators engaged through Concessions to
rehabilitate and manage 24 port terminals
Months after the concession of the Apapa-Lagos container
terminal, delays for berthing space had dwindled, and shipping
lines reduced congestion surcharge from $525 to $75, saving
the Nigerian economy significant sums
Goal of concession yet to be fully achieved due to external
factors and actors
Lessons
Risk allocation should consider Government Capacity to deliver
(channel depth, wrecks)
The transaction lead agency should be the grantor who remains
accountable for services
Success requires an integrated approach (Roads, Customs, Rail,
Security, State Government)
C
INFRASTR
CONCESSION
/CRC
REGULATIONView entire presentation