'Onitsha River Port Starts Receiving Commercial Barges'
One year after taking over the management of Onitsha River Port, the concessionaires of Onitsha River Port, Universal Elysium Consortium Limited says it
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One year after taking over the management of Onitsha River Port, the concessionaires of Onitsha River Port, Universal Elysium Consortium Limited says it
By Tony Obiechina, Abuja One year after taking over the management of Onitsha River Port, Universal Elysium Consortium Limited, the concessionaires of Onitsha River Port reached an important milestone when it formally received its first barge at the Port on the 16th of August 2023. According to the Managing Director, Dr. George Nwangwu, the barge
Eight years after President Muhammadu Buhari promised to incentivise investment in the Nigerian maritime sector, including ports, and scale up the infrastructure to global standards, the sector continues to bear the brunt of abandonment and poor funding.
The Managing Director, National Inland Waterways Authority (NIWA), Dr George Moghalu, said the experience gained through the concessioning of the Onitsha River Port will speed up other port concessioning process in the country. | Pulse Nigeria
The Minister of State for Transportation, Senator Gbemisola Saraki, says the Onitsha river port is positioned to generate over N23billion to the Federal Government in 30 years. | Pulse Nigeria