A lot has been said about why Nigeria has failed, in over five decades as an independent country, to attain the level of development that is commensurate with its abundant natural resources. In nearly these oral and written treatises, the word corruption is a common factor. However, sifting through basket of public discourse in Nigeria, […]
Vanguard News
NPA extends Lagos Channel Management Contract
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By Godwin Oritse
THE Nigerian Ports Authority, NPA, has extended the technical partnership agreement with the Lagos Channel Management Company Limited, LCM, managers of the Lagos ports Channels by 12 months.
The agreement which, according to NPA sources, expired sometime in June 2020 was extended to end of last year, is now extended again till June 2021 pending the conclusion of the procurement process that will lead to the re-award of the Channel management contract that LCM has so far managed for about 15 years.
Reacting to the development, Mr. Nasiru Ibrahim, Assistant General Manager, Strategic and Corporate Communications department of NPA, said the latest extension was to ensure that there is no vacuum in the marine aspect of port operations pending the conclusion of procurement of another contract.