Nigerian firm Ports & Terminal Operators Nigeria Ltd (PTON) is expected to take over the operation of Terminal A at Port Harcourt by August. The chairman of the company, Otunba Olatunde Olowu, announced at the end of May that his firm had paid its signing-on fee and had agreed a transitional agreement with the Ports Authority (NPA).
PTON had been expected to take up its concession at the start of this year but a dispute with the NPA delayed the transfer....
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This complete item is approximately 325 words in length, and appeared in the July 2006 issue of WorldCargo News, on page 8.
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