3 weeks ago
4
By Adaku Onyenucheya
26 August 2024 | 3:55 americium
President Bola Tinubu is acceptable to officially committee the upgraded West Africa Container Terminal (WACT) successful Onne, Rivers State, connected September 4, 2024. The unprecedented $115 cardinal
President Bola Tinubu is acceptable to officially committee the upgraded West Africa Container Terminal (WACT) successful Onne, Rivers State, connected September 4, 2024. The unprecedented $115 cardinal (approximately N178.2 billion) upgrade task astatine WACT, operated by APM Terminals successful Onne, Rivers State, commenced successful 2021.
The Managing Director of WACT, Jeethu Jose, remarked that the completion of the upgrade marked a important milestone, and is simply a game-changer successful the past of Nigerian ports.
He stated that the $115 cardinal concern further underscores APM Terminals’ spot and assurance successful the Nigerian economy, contributing to its ngo of improving lives, portion enhancing planetary trade.
Jose added that WACT is Nigeria’s archetypal greenfield instrumentality terminal developed nether a Public-Private Partnership (PPP) model, highlighting the terminal’s strategical value wrong the Oil and Gas Free Zone successful Onne
The WACT brag further noted that the terminal has grown to go the premier gateway for accessing markets beyond the Lagos region, playing a captious relation successful connecting Eastern Nigeria’s increasing system to the remainder of the world.
He said the terminal’s value was further solidified connected August 15, 2020, erstwhile WACT made past by receiving the largest instrumentality vas ever to berth astatine immoderate Nigerian port.
He said that the vessel, Maersk Stadelhorn, measures 300 metres successful magnitude wide and 48.2 metres successful beam, with a capableness to transportation astir 10,000 Twenty-Foot Equivalent Units (TEU) of containers.
The commissioning ceremonial is expected to beryllium a high-profile event, with respective dignitaries successful attendance, including governors, ministers, and heads of cardinal authorities agencies, specified arsenic the Nigerian Ports Authority, Nigeria Customs Service, Nigeria Immigration Service, Nigerian Shippers’ Council, and the Nigerian Maritime Administration and Safety Agency (NIMASA).
Representatives from the Oil and Gas Free Zones Authority (OGFZA), shipping companies, freight forwarding associations, and the import-export assemblage volition besides beryllium contiguous to witnesser this landmark occasion.
NOW
President Bola Tinubu is acceptable to officially committee the upgraded West Africa Container Terminal (WACT) successful Onne, Rivers State, connected September 4, 2024. The unprecedented $115 cardinal
12 mins ago
Residents of the Federal Capital Territory (FCT), Abuja, person decried improper discarded disposal systems. Many residents questioned the effectiveness of the Abuja Environmental Protection Board (AEPB), which is statutorily charged with managing discarded wrong the FCT.
30 mins ago
What would person resulted successful a large occurrence catastrophe was averted yesterday successful the Ajah country of Lagos aft a inferior jeep crashed into a state station.The sanction of the operator was not given. Sources said the mishap occurred owed to overspeeding.
38 mins ago
Former Vice President, Atiku Abubakar, has accused President Bola Tinubu of misleading overseas investors astir the removal of substance subsidies successful Nigeria. He besides claimed that the President favoured his nephew successful the Agip, Oando deal.
46 mins ago
Securities and Exchange Commission (SEC) had urged investors to mandate their relationship done the commission's e-dividend portal to stem rising cases of unclaimed dividends successful the superior market.
49 mins ago
Six persons person been confirmed dead, with 10,246 others displaced, arsenic perennial flood astatine play wreaked havoc connected immoderate communities successful Madagali assembly country of Adamawa State.
49 mins ago
When Wole Soyinka alongside Ralph Opara, Nathaniel Oyelola, Pius Oleghe, Olumuyiwa Awe, Ikpehare Aig-Imoukhuede, and Slyvanus Egbuche, among others, founded the National Association of Seadogs (NAS), popularly known arsenic the Pyrates Confraternity
54 mins ago
Operatives of the National Drug Law Enforcement Agency (NDLEA) person arrested Ibeanusi Solomon Nosike, a businessman based successful Onitsha, Anambra State, astatine the section helping of the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos.
1 hr ago
OPAY has launched a caller information feature, Nightguard, successful the fiscal industry, to empower users and boost the extortion of their finances. According to the company, 1 of the large challenges successful the fiscal work assemblage
1 hr ago
Former Vice President, Atiku Abubakar, has chided President Bola Tinubu’s medication for the emergence successful quality rights’ abuses successful the country. Atiku, successful a connection signed by his Special Assistant connected Public Communication, Phrank Shaibu
English (US) ·