Federal Executive Council don approve four new channel management companies for seaports across Nigeria, one move wey dem say go help vessel navigation and port operations.
Former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclose this one for the Annual General Meeting of the Nigerian Association of Master Mariners. E talk say ownership of Lagos Channel Management Company Limited and Bonny Channel Management Company go change.
Vanguard no fit independently confirm who the new owners be, but sources close to Nigerian Ports Authority talk say one Belgian company dey expected to take over channel management operations for Lagos ports.
Ihenacho explain say the four channels wey serve major port clusters for Nigeria go get different channel management companies as Federal Executive Council approve. According to am, dem approve new company to manage Lagos port channel, and the company name go change. Calabar Channel go dey under Calabar Channel Management Company, while Bonny Channel Management Company don also change ownership.
For Warri Channel, Ihenacho talk say Federal Government approve China Harbour Engineering Company and two other companies to form consortium to manage Escravos Channel. The consortium go now form Special Purpose Vehicle with Nigerian Ports Authority to handle Escravos Channel.
Before now, management of Nigerian Ports Authority bin decline to renew concessions of Lagos Channel Management Company Limited and Bonny Channel Management Company. Instead, dem opt for six-month extension of the existing arrangements.
