Four terminal operators have invested $860 million in equipment and other port facilities to justify the renewal of port concession agreement being conceived by the Federal Government.
After complaints of delays in the renewal of their agreements, it was gathered that the Senate Committee on Privatisation had said that it would address the issues surrounding the delay as findings revealed that West African Container Terminal (WACT), the concessionaire of Onne Port container terminal, had invested $115 million in equipment and facilities.
Read more at Newtelegraphng
After complaints of delays in the renewal of their agreements, it was gathered that the Senate Committee on Privatisation had said that it would address the issues surrounding the delay as findings revealed that West African Container Terminal (WACT), the concessionaire of Onne Port container terminal, had invested $115 million in equipment and facilities.
Read more at Newtelegraphng