Despite political problems caused by April’s controversial presidential elections and ongoing unrest in the Niger Delta, the Nigerian government is continuing to put its port reform programme into practice.
Last month it was announced that the tender for the contract to manage the Port of Koko, in the south east of Nigeria, had been awarded to Nigerian firm Greenleigh Ports Ltd. The company is to pay a fee of US$4.61M for the right to operate and redevelop the port, which has been relatively little used over the past decade. The concession length has not been revealed but is believed to be 20 years....
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This complete item is approximately 300 words in length, and appeared in the July 2007 issue of WorldCargo News, on page 14.
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