By Ajibola Adedoye
The Federal House of Representatives has given it’s Committee on Privatisation and Commercialisation the mandate to ensure that all the Federal Government’s concessioned assets are performing at an optimal level.
Engimeer Hamisu Ibrahim Chidari, Chairman Federal House Committee on Privatisation and Commercialization made this submission during the Committee’s oversight visit to the terminal of Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group, at the Tin Can Island Port in Lagos.
In his submission, Engr. Chidari also assured stakeholders of the readiness of the Committee to partner with the Minister of Marine and Blue Economy, Mr. Gboyega Oyetola, to resolve the port concession renewal.
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He said “This oversight visit is a crucial part of our Committee’s statutory responsibility. We work with different government agencies and ministries to insure that the means of the government that have been concessioned are performing and delivering maximum returns to the government as well as the investors. Our job also involves working to remove any handicap that might be impeding the smooth handling of the private investors in these assets.”
On the concession renewal, Chidari noted that the Committee would be using its excellent working relationship with the Minister of Marine and Blue Economy, Mr. Gboyega Oyetola, to resolve the contract renewal in the shortest possible time.
“We understand what this contract renewal means to your business and I assure you that the government wo not allow this to loiter for too long. This current administration is desirous of furnishing the demanded enabling terrain for businesses to thrive to grow the country’s frugality. We’ll work with the Minister of Marine and Blue Economy to address any issue on the concession renewal,” he assured.
Earlier, while receiving the delegation at the terminal, John Jenkins, Managing Director, Ports & Cargo Handling Services Limited, appreciated the Committee members for their visit, adding that the terminal operator and its parent company, have over the years contributed mainly to the growth of the economy through excellent service at the terminal and other confederated businesses, employment openings for thousands of Nigerians as well as innumerous commercial social support systems that have touched the lives of thousands of lower privileged Nigerians across the country.
He said the renewal of the port’s concession agreement would allow the company to apply its development plan that would make the terminal one of the stylish harborage outstations encyclopedically.
The Committee members were accompanied on the visit by officers of the Nigerian Port Authority (NPA) and the Bureau of Public Enterprises (BPE).
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