Tag: Apapa

  • Customs boss confirms Attah substantive PRO, redeploys assistant comptrollers

    Customs boss confirms Attah substantive PRO, redeploys assistant comptrollers

    The Comptroller General of Customs, retired Col. Hameed Ali, has confirmed Joseph Attah as the substantive Public Relations Officer of the service.

    Ali has also redeployed 337 Assistant Comptrollers to various area commands across the country.

    Mr Abubakar Dalhatu, the Deputy Public Relations Officer, announced this in a statement on Wednesday in Abuja, saying the redeployment was with immediate effect.

    Attah, before his confirmation as the substantive PRO, worked as the Deputy PRO of the service and was later appointed as the acting PRO in January following the transfer of the former spokesman, Mr Wale Adeniyi to Apapa, Lagos.

    Before moving to the Public Relations Unit, Attah had also worked in various units of the service, including the Intelligence Unit, Tincan Island Port, land border and excise.

    Dalhatu said that the redeployment was part of the ongoing repositioning of the service.

    He said the comptroller-general charged the affected officers to support the leadership of their new commands in the renewed efforts to entrench a more transparent culture of service delivery.

    Dalhatu quoted the customs boss as saying “so much is expected from NCS in terms of economic and security well-being of the country; we cannot afford to fail the nation”.

     

  • Customs intercepts container of Tilapia fish from Turkey

    The Apapa Command of the Nigeria Customs Service (NCS), has intercepted a 40ft container of frozen Tilapia fish valued at N22.1 million imported from Turkey.

    The Customs Area Controller, Comptroller Muhammad Jibrin, said this on Monday when he led newsmen to APM Terminals, Apapa, where the container was intercepted.

    Jibrin said that the container No: DFOU6122880, was discovered during scanning.

    He said that the importer made a false declaration that the container was laden with apples.

    “Upon scanning, officers discovered the container was containing 2,700 cartons of frozen Tilapia fish from Turkey.

    “The aforementioned fish species is under restriction.

    “More so, importers of allowable species of fish are expected to obtain licence,  and permit before such importation into the country.

    “We have scanners that are working but most of the scanners are inadequate for operations,’’ Jibrin said.

    He said that the command had opened communication with Agriculture and Plant Quarantine Service and the National Agency for Foods, Drugs Administration and Control (NAFDAC), in the spirit of collaboration.

    Jibrin said that the command had zero tolerance for smuggling and false declaration in line with the policy of the Comptroller-General of Customs, Retired Col. Hameed Ali.

    He said that the command would continue to uncover and stop any attempt at breaching the law as regards imports and exports transactions through the command.

    The controller, however, advised stakeholders relating with Customs service to be law-abiding “as no stone will be left unturned in enforcing government fiscal policy regulations’’.

    According to him, the command usually engaged stakeholders in interactive session monthly to ensure that both Customs and stakeholders remained committed to government’s policies relating to clearance of goods at the ports.

    The News Agency of Nigeria (NAN) reports that the Federal Government on Thursday, noted that smugglers were beginning to flood the markets with harmful frozen fish illegally imported into the country through the land borders.

    The Minister of State for Agriculture, Sen. Heineken Lokpobiri, said this at the Abuja Headquarters of the Federal Ministry of Agriculture and Rural Development (FMARD).

    The minister said that those involved in the act were undermining the efforts of government despite the fish importation policy and ban on frozen farmed fish importation into the country.

    He said that the circulation of unhealthy fish and fishery products in Nigerian market had resulted in grave health implications such as kidney disease and cancer.

    “It has become necessary for the Federal Government through the FMARD to address the Nigerian public on the sale of smuggled unhealthy frozen fish, especially farmed tilapia, in Nigeria.

    “These smuggled frozen fish are very harmful to the health of Nigerians” he said.

    The minister warned those involved in the illegal importation to desist, as anyone caught will be made to face the full wrath of the law.

    He said that the government had been collaborating with countries in the Gulf of Guinea, Nigeria Customs Service, Maritime Police, Nigerian Navy and the Nigerian Agriculture Quarantine Service.

    “The ministry is using this medium to warn all those involved, colluding, aiding and abetting these nefarious activities to stop or face the full wrath of the law of the Federal Republic of Nigeria.

    “Importation of fish without licence attracts five-year imprisonment or a fine of $250,000, or both, in addition to forfeiture and destruction of the vessel and its products.

    “For the avoidance of doubt, the Federal Ministry of Agriculture has put in place measures to arrest, detain and prosecute offenders as provided in the Sea Fisheries Act Cap S4 laws of the Federation 2004,’’ the minister said.

  • Trader robbed in Apapa

    A woman was yesterday robbed of an undisclosed huge amount by two men in Apapa, Lagos.

    The men abandoned their Toyota Camry car popularly known as Big for nothing and fled on a motorcycle to evade arrest.

    The woman, a trader, was robbed at Annex Bus stop, Apapa, after she left the bank.

    The robbers, who fled towards Kofo Abayomi, Apapa, abandoned their car and snatched a motorcycle when they run into traffic jam.

    An eyewitness, Ifeanyi Ikechukwu, said: “The robbers drove a grey Toyota Camry car and robbed a woman selling snacks and recharge cards near Mobil filling station at Annex Bus stop. She was said to have gone to the bank to withdraw money for her business, especially recharge cards.

    “The robbers drove through Kofo Abayomi and on meeting traffic, they used their vehicle to hit a commercial motorcycle. They immediately disembarked and snatched the bike from the owner and drove off on it. Although other commercial motorcyclists chased them, they were not able to catch up with them.”

    Policemen from Apapa Division have since taken away the vehicle.

    A source said police would investigate to ascertain the vehicle’s owner.

    He said: “If the vehicle belongs to the robbers, the  particulars will make it easier for us to arrest them. But if it doesn’t, we will still go to the vehicle licensing organisation to get the details of the owner and ensure they are informed.”

    Also yesterday, Rapid Response Squad (RRS) operatives foiled the theft of some cables in Ogudu.

    It was gathered that the thieves jumped into the nearby bush on sighting the RRS patrol van.

    The vandals were said to have drawn the concealed cables from the connecting point at the base of a lamp post before the operatives stumbled on them.

    According to the police, the patrol team leader contacted Lagos State Electricity Board officials in charge of the area to take over before continuing with their routine patrol.

     

  • Truck kills maritime reporter in Lagos

    Truck kills maritime reporter in Lagos

    A truck Wednesday, afternoon knocked down and killed a maritime reporter, Segun Agbolade, in the Trinity area, Apapa, Lagos.

    Agbolade, popularly known as Effisy, was said to be riding on a motorcycle, popularly called ‘okada’ on his way out of the Apapa gridlock when the sad accident that claimed his life occurred.

    Before his death, Agbolade worked with Sky Times newspaper.

    He was an alumnus of Lagos State Polytechnic.

    He is the second maritime journalist to die in one week.

    Last Saturday, another maritime reporter, Kayode Atofolaki of the New Nigerian Newspaper died prematurely in Kwara State after a brief illness.

    The duo are married with children and left behind aged parent.

  • Apapa: Once upon an  illustrious district

    Apapa: Once upon an illustrious district

    From a past steeped in glory and illustriousness, Apapa, a once beautiful and sought after business and residential district of Lagos, has taken a descent. Business activities have literally gone comatose and a once vibrant area seems to have gone to sleep, owing to dilapidated infrastructure and what stakeholders have described as administrative neglect.  Medinat Kanabe, who recently toured the area reports.

    IN the past, if you wanted to set up a big business in Lagos and you didn’t choose Apapa as your office/factory location, you’re likely to be dismissed as unserious or ill-advised.  Mainly because of its popularity as the commercial nerve centre of Lagos metropolis and the fact that it plays host to the two busiest ports in the country, everybody just wanted to be a part of it.

    Soon, a bubbly city was built around the ports; a situation that galvanised more investors and industrialists into making it their number one choice. Inevitably, this also attracted a huge labour force into the area, and an attendant beehive of human and vehicular activities.

    Apapa also emerged as a preferred residential area for the upper class, with top European business owners and expatriates making it their choice of abode. Those born in the 1970s and beyond would still remember the acronym, European Quarters, with its well-planned streets and immaculately trimmed lawns and greenery. The proximity to their businesses naturally meant that they didn’t have to go through the emerging Lagos maddening traffic.

    Sadly, those illustrious years, seem to be over.

    As it stands, Apapa seems to have lost its glory. Although it is still a major force as a business community and a huge income generator for the nation, many people and companies have relocated from the place, making it a shadow of its old self.

    Investigations by The Nation, show that so much has changed. Majorly, it was discovered that the perennial  logjam caused by the high concentration and movement of goods by big containers and trailers, is responsible for this change in fortune. The situation, especially because of the failed portions of the roads en route Apapa from Mile 2  and the long stretch of fuel tanker vehicles, parked indiscriminately on both the highway and the service lanes, means that motorists and commuters have to go through hell to get to their destinations.

    As this reporter found out, going to Apapa from Oshodi through Mile 2, Berger and Sunrise is now almost an impossibility and not advisable anymore. She was told pointedly that she could not get a direct vehicle to Apapa from Cele Bus Stop, unless she is prepared to board a bike at the First Gate Bus Stop axis.

    The bus driver explained that people no longer go to Apapa through that route, except when they’re not in a hurry. “We also do not pass First Gate. We usually drop off our passengers at First Gate, from where they find their way.”

    Indeed, the express road from Cele Bus Stop area to Mile 2 is free but once vehicles get to Berger bus stop, right after the Mile2 flyover, the menace of tankers parked recklessly on the highway automatically spells slow, painful movement. They continue to increase in number as one proceeds, forming as much as three lanes at the Sunrise bus stop area and literally locking up the road.

    This reporter thus had to negotiate her way from First Gate to Apapa, as the driver dropped off all passengers and made a U-turn immediately. Left high and dry, she asked a young man how she could get to Apapa from there.

    “After this point, the only other means of transportation is Okada, except you are driving a trailer,” was his curt reply.

    Asked what the problem was, he said it is traffic gridlock. Switching to pidgin English, he explained further: “And no be say na bad road cause the traffic o, na all these trailers wey too plenty here and people dey fear because them dey quick fall. Sometimes, them go just park their trailer, block the road and disappear. Person fit stay that traffic from morning till evening. If you look the road well, you go know sey motor fit still manage am, but these trailers just make the road impassable.”

    Empty office buildings

    Left with no choice, this reporter boarded a motorcycle. At Burma Road, where Apapa Local Government is located, she alighted and took a walk to Creek Road through Wharf. The section of Burma Road was in good shape, but Creek Road and Commercial road, two major roads in the axis, have become a shadow of their old selves.

    Most of the companies on the right side of the road have closed down, save Standard Flour Mills, a company which commenced operations  in 1982.

    At the 15, Creek Road office of Standard Flower Mills, a gentleman, who introduced himself as Giwa disclosed that the major reason the company is still there, is because of its jetty, located by the waters. “In fact, most of the companies that are still here are shipping companies that have jetties. We can’t go anywhere because it is impossible to take our equipments away from here.”

    Lamenting the deplorable situation, he added: “Imagine coming to the office and spending two hours  coming to work every day and two hours going back because of the bad roads. I have relocated (my residence) to Yaba, but I still spend up to 30minutes on the road instead of the normal 15 minutes. Some of our workers have had to walk from Costain (an almost three kilometer stretch) to work several times. I tell you, it is so sad.”

    At one of the deserted companies visited, bearing a small rusty signpost, ‘GM Motors,’ The Nation met an elderly security man in the compound, who would neither speak to this reporter nor allow her take any pictures.

    He however softened after much cajoling and a little inducement. He explained that the company and other office buildings and factories on the road have been deserted for over five years. He however said most of them still have security men looking after them, to prevent touts, the homeless and trailer drivers from taking them over.

    He confirmed that the building (he guards) was first owned by GM Motors before it was bought over by another company, which is yet to change the signpost. “GM Motors has relocated to Ikeja but  the company I work for bought over the building. They only use it as a warehouse. They have also rented a part of the building to some people as warehouse. Dangote trucks also park in one of the abandoned compounds around here.”

    He however refused to allow this reporter have a closer look at the warehouse. From the gate, some women could be seen going in and out of the compound, probably for convenience before returning to their shanty shops where they sell mostly alcoholic drinks, cigarettes and other stuffs to touts and trailer drivers.

    Other companies that have closed down in the axis, he explained, include: “CSO Motors, Mr. Biggs, Nigerian National Shipping Line (NNSL), National Clearing and Forwarding Agency and several others. And the main cause of the closure is bad roads.”

    At the National Clearing and Forwarding Agency, a mobile police officer said the company has been taken over by Asset Management Corporation of Nigeria (AMCON). The storey building used to house officials of National Drug Law Enforcement Agency (NDLEA) and the Nigerian Customs Services.

    A representative of AMCON, who spoke to The Nation, said the building was taken over because the occupiers of the building could no longer pay the rent.

    A driver who works with Unity Bank gave this reporter a ride back to the (Apapa LG) secretariat. He confirmed that the traffic situation is what drove people away from the commercial district. “Everybody has gone. Nobody is on the other side of the road. There is no business in Apapa anymore. They are leaving because of the bad road and the fact that commodities don’t come into the country like before. The companies that have not gone completely have other branches in other places. An example is Bua Group. All our friends from the companies have gone to the other branch. Just a few people are left here.”

    He explained further that “Whenever ships come in and trucks are loading, to enter Apapa is usually very difficult. You won’t even see any other vehicles except Okada. Apapa has only one road, which is Area B and it is in a really bad situation. As we speak, only trucks can ply the road.”

    Crash in property rates

    As a result of this dip in fortune, The Nation also discovered that prices of properties and rents have crashed drastically in Apapa. A popular house agent, Japari James, told The Nation that properties are available for rent from between N5m and N250, 000.

    Asked if indeed the demand for properties in Apapa has gone down due to the exodus of businesses and people, he said the situation is not as bad. “My sister people are still paying for houses  for as high as N5m. People are coming to Apapa every day. Apapa remains a busy place notwithstanding. It is just that the prices of houses have reduced very well. The one of N500, 000 now goes for N250, 000, while the one of N1m now goes for 500, 000.”

    Apapa GRA, still a beauty

    Although Apapa GRA still retains its beauty and impressive architecture, there seems to be no new building or development. Houses are still maintained by the owners but some of them are managed by house keepers.

    One of the security men on Oduduwa Street said people are not moving out from the street but revealed that they travel most of the time. “For this our street, many people dey travel every week and come back for weekend because of the traffic. Na only that house (pointing to a house down the street) somebody pack out and as I dey see am so, somebody don rent am that is why dem dey paint am.”

    Eleganza Plaza

    Eleganza Industrial City is perhaps the biggest plaza in Apapa. A trip into the grand plaza showed that business is still on-going though not like before.

    A woman who sells roasted plantain just outside the plaza said business has really dwindled at the plaza. “This road used to be very busy and full of traffic but these days, you hardly see vehicles on the road. Before now, there used to be very heavy traffic because of activities in this plaza but now, the road is so free. It used to be extremely difficult to get a shop in Eleganza, but as we speak, I am sure they may even beg you to come and take up a space. The number of people that come here to do business has reduced significantly.”

    A representative of Eleganza Plaza spoken to, however said people are not leaving the plaza. “Rather, people come in everyday to make enquiries for space. As a result, our rents have not reduced.” He said.

    The sizes of available shops, he said include those of 285 square metres, 142.5 square metres, and 71.25 square metres; adding that prices range between N900,000 and N3.2m.

    Apapa Local Government

    At the Burma Road office of Apapa Local Government, the Information Officer was not available for comments. One of the court officials activities have been at a low ebb since he started working in the court some years ago. “People rarely come here, so we deal mostly in divorce cases.”

    He revealed that even wedding activities have reduced. “These days, we have as low as three weddings on Thursdays, unlike before when this place was a choice place for intending couples.”

    As it stands, activities may be at a low ebb, but with the right government and people attitude’s the story may yet change, as Apapa’s location gives it an edge over other locations even within the Lagos metropolis.

  • ‘Fed Govt losing to Apapa traffic’

    The Federal Government is losing a sizeable chunk of its revenue to  gridlocks in Apapa-Oshodi in Lagos, by delaying clearance of goods at the ports the Chief Executive officer, Duncan Bonded Terminal, Dr Godfrey Bawa, has said.

    He said the gridlocks are perennial, adding that the development has made the management of the Nigerian Ports Authority (NPA) to delay clearance of goods for days.

    He said importers cannot made  payment into the accounts of the Federal Government until their goods had been cleared.

    Speaking on the sideline of a stakeholders’ forum in Lagos,  Bawa said there are many terminals and bonded termimals in Lagos, adding that they boast of thousands of containers.

    Bawa said: ‘’ The terminals boasts of several thousands of containers.  There are terminals, which, for instance, have 1000 twenty equivalent per cent unit(TEUS).”

  • Apapa council seeks partnership with Army on security

    Apapa Local Government Area’s Sole Administrator, Luqman Babatunde Alao, has called for collaboration with the Signals headquarters of the Nigerian Army at Arakan Barracks in Apapa, Lagos State, to tackle security matters.

    Alao spoke when he visited the Commandant of Signals headquarters, Brig.–Gen. Peter Aro.

    The council chief said there was need to tighten security in the area to forestall breaches of the peace.

    He noted that the situation in the country, especially the local government area, called for greater attention to security networking to ensure the protection of life and property.

    Alao said he felt the concern to tighten security because he was also a stakeholder in supporting security apparatus and personnel to make a liveable haven for Nigerians and foreigners living in the area.

    Brig.-Gen. Aro said he was always ready to tackle environment challenges, including security matters, where there would be a symbiotic relationship among the stakeholders.

    According to him, Apapa is the economic hub of the nation, hence effective security should be provided for the area.

    Aro said: “I am quite sure that the current meltdown affecting industries in Apapa will certainly affect your local govt. This will definitely derail infrastructural development in the local government.”

    The commandant said the stakeholders should make necessary sacrifices to fortify the area’s security system to make the environment conducive for investors.

    He called for a joint patrol to comb black spots in the local government.

    Alao reiterated that his primary assignment was to ensure unity of purpose in various strata of the society.

    The council chief said the Lagos State Government would be involved in the renewed efforts to tackle the security challenges in the area.

    He backed the commandant that commercial motorcycle operators (Okada riders) constituted a menace to the environment.

  • Gunmen kill bank customer, cart away money

    Gunmen kill bank customer, cart away money

    Gunmen Thursday killed a bank customer, Kingsley Chukwudi in the Apapa area of Lagos State.

    The incident occurred in the morning while the young man was leaving the bank.

    It was gathered that the gunmen who rode on power bike, allegedly trailed the victim to the bank and shot him.

    The Nation gathered that they also carted away his bag containing laptop, money and other valuables.

    It was learnt that a combined tram of Rapid Response Squad (RRS) operatives and policemen attached to the Apapa Division have been on the lookout for the suspects who fled immediately they shot the victim.

    A source who hinted on the incident said the robbers probably thought that the victim was carrying huge money in the bag.

    “He has entered the bank and was leaving when he was shot. He was a security guard. He was carrying his laptop bag and the robbers thought he was going to deposit money into the bank but the young man was just carrying his laptop bag.

    “His body was taken to Area B Police Command in Apapa, which attracted crowd because he was a very good person,” the source said.

    Efforts to get the state command’s spokesperson, Dolapo Badmos, a Superintendent of Police (SP) to comment on the issue failed as at the time of filing this report.

  • Army trains Customs personnel on use of AK47 rifle, others

    Army trains Customs personnel on use of AK47 rifle, others

    Following the enhancement of the Nigerian Customs Service’ (NCS) fire power, the Nigerian Army yesterday certified 62 of their personnel fit to handle AK47 rifle.

    The cerification was after a four weeks course weapon handling, armoury management and physical fitness conducted at the 9 Brigade, Nigerian Army in Lagos.

    Of the 62 NCS personnel drafted from the Kirikiri Lighter Terminal Command, Apapa, to be the first batch of personnel to handle the AK47 rifle, four were women.

    Commending the NCS for ensuring professional competence among its men, the 9 Brigade Commander, Gen. Bulama Biu expressed confidence that the graduands were better prepared to tackle smugglers.

    He said: ”We were tasked by the Army headquarters to conduct a four-week training cadre for the NCS personnel in line with the Comptroller General’s drive to re-proffessionalise the NCS for optimal service delivery, as well as the Chief of Army Staff’s vision to assist and cooperate with other security agencies.

    ”You are aware that the country and the world at large is currently undergoing numerous dimensions of security and economic challenges.

    ”As government agency charged with the responsibility of revenue generation and anti-smuggling, it is expedient that you sharpen your skills at all times in order to be better prepared for likely enforcement of the law.

    ”To this end, the trainees went through series of physical fitness regimes which included trainning on the obstacles crossing course amongst other fitness drills.”

    In his remark, the Commander, Nigerian Navy Ship (NNS) BEECROFT, Commodore Abraham Adaji urged them to be disciplined.

    Adaji who was the special guest at the event expressed satisfaction on the spirit of sportsmanship among the security agencies.

    “I am sure that with the training gathered in the last four weeks, the graduands are better prepared to take on their task in combating smugglers and in doing so, they have learnt how to stay safe.

    “That thus training was conducted at the 9 Brigade is testimony of the growing cooperation among security agencies, which is not only in the area of training but also during operations,” he said.

    In his address, NCS’ Controller General, Hameed Ali urged the graduands to effectively utilise knowledge gained for the good of the nation.

    Ali who was represented by Customs Zone A Coordinator, Charles Edike said: ”The training given here will be seriously put to use. There has been a very strong synergy between the Customs and the Navy and that has resulted to alot of seizures around the Zone A on monthly basis.

    “There are many creeks on the zone. And even if you line up all the NCS men, they cannot cover all the areas. That is where the navy comes in handy. They go to the sea and they see those vessels that do not come to port. So, whenever they see them, they contact us,” he said.

     

     

  • Ripples over multi billion naira Apapa Port Terminals’ project

    Ripples over multi billion naira Apapa Port Terminals’ project

    The redevelopment contract of Bullnose I,II and III terminals in Apapa, Port Complex by the Federal Ministry of Transportation and Nigerian Ports Authority (NPA) awarded to Eko Support Services (ESS) in 2008 at $124 million (about N40,920,000,000) is causing ripples in the maritime industry.

    Maritime stakeholders said they were uncomfortable, not only with the cost of the contract, but also the process that led to the award of the project to ESS which they alleged was shrouded in secrecy.

    The push for the redevelopment and the award of the contract which was through a letter from the Managing Director of NPA dated 3rd of June, 2008, to the then Minister of Water /Transportation, was said to have been done in response to Federal government’s initiative for private sector participation in ports development.

    But maritime watchers opined that in line with due process and transparency, the initiative should have gone through a public tender to afford other interested private sector players the opportunity to bid. Officials of the Federal Ministry of Transportation last week declined comment on the issue. The NPA also refused to comment on the controversy over which some stakeholders are contemplating petitioning the Presidency, the ICPC, and the Bureau for Public Procurement which vets awards of contracts. They argued that since it was government’s idea that the private sector should be involved, then it was only fair that the contract award and pricing, should also have been subjected to private sector participation.

    A maritime industry insider said it would be difficult not to assume that the beneficiary firm was handpicked by the awarding authority. ‘’Obviously, the NPA handpicked ESS and went ahead and recommended the company for this project,” the insider said, wondering why the supervising ministry did not raise any issue on the process leading  to submission of the proposal by only ESS.

    It was learnt that in the proposal, ESS offered to handle the project at a cost of $127 million, but that following what the then NPA boss said was the approval of the proposal by a Technical Committee and vetting of the proposal by NPA’s Technical Channel Auditors, Messrs Coastal and Reclamation Engineering Services, (CARES), NPA recommended that the project be scaled down to $124 million, indicating a margin of just $3 million lower than what ESS proposed.

    Said the insider: “Even by today’s standard, that redevelopment project could be achieved with a little over $50million,” stressing that a technical audit of what is on ground would tell you vividly that this is not a project that should cost what was allegedly approved.

    Also being contested by ports observers is the fact that the project cost would be amortized through service boat charges in all the ports in Nigeria. “In simple term, said an investment analyst, NPA has awarded a Terminal redevelopment project to, as the insider put it, “ a so-called private player, with NPA providing the exorbitant and inflated cost of contract, through charges collected on behalf of NPA by the contractor,” adding, “yet NPA will not have control of the Terminal for 25 years.” What that means, the insider explained, is that the facility will be used exclusively by the same contractor for the quarter of a century.

    Other stakeholders, in picking holes with the contract, pointed to loopholes with regards to the estimated cost of $124million recommended by CARES, with the proviso that it is accepted pending the determination of the actual cost from the final design; that the cost of financing of 16 per cent be applied to the cost of the project and hat the lease should be for an initial period of 25 years.

    The stakeholders argued that the term which says $124million is accepted pending the determination of the actual cost from the final design is loose, What would then happen if the winners now make a detour, and insist from the final design analysis, that the cost has increased by 200 per cent, they queried?

    They said on balance the development is quite troubling. “Since the money will be amortized from the service boat charges which belongs to NPA and is a sure stream of inflow, why should the cost be this high? they queried, saying the more crucial implication is that both the cost of the project plus the cost of financing put at 16 per cent would be borne by the Nigerian Ports Authority.

    “Since that contract was signed the government may have incurred an interest charges equivalent to over 100 per cent of the $124 million price tag claimed by ESS. Ultimately this company could collect as much as $500 million for a project that its real cost should not be more than $50million. This is very saddening because there are even investors that are ready to acquire these terminals and redevelop them with their resources, not using government money and charging government interest on it,” another NPA insider said.

    Another insider said it is because of alleged anomalies like this that experts have always called on Federal government to beam its searchlight on the running of the ports from 1999 to 2010.

    They said past governments made efforts to bring sanity to the sector, but such efforts appear to have ended up being  frustrated by top government officials with more than professional interest in such questionable transactions.