Ports and Harbors
The Nigerian Ports Authority (NPA) is responsible for managing Nigeria’s ports, some of which have fallen behind international standards in terms of the quality of facilities and operational efficiency. Recognizing that the government lacks the funding and expertise to modernize facilities and run the ports efficiently, the NPA is pursuing partial port privatization by means of granting concessions to private port operators. Under the terms of concession agreements, the government would transfer operating rights to private companies for a finite number of years without forgoing ownership of the port land. Nigeria’s principal container port is the port of Lagos, which handles about 5.75 million tons of cargo each year. The port, which consists of separate facilities at Apapa and Tin Can Island, has a rail connection to points inland. Port Harcourt, a transshipment port located 66 kilometers from the Gulf of Guinea along the Bonny River in the Niger Delta, handles about 815,000 tons of cargo each year and also has a railway connection. Both ports are not only responsible for Nigeria’s seaborne trade but also serve inland countries such as Niger and Chad. A new port is under construction at Onne about 25 kilometers south of Port Harcourt. Relatively modern and efficient terminals managed by multinational oil companies handle most oil and gas exports.
Read more about this topic: Transport In Nigeria
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