acquired in Katsina State under former President Obasanjo’s Public-Private
Partnership, was commissioned on Monday, August 18, by the owner of the
acquiring company, Alhaji Umaru Mutallab.
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According to the Daily Trust Newspaper report, Mutallab
said the port, which is situated in Funtua, would provide job opportunities for
the youths, aside its tremendous economic benefits for states in the North West
and the entire Northern region.
back in 2003 when this company won the bid for the concession of the Funtua Dry
Port as part of the Public Private Partnership policy of the then administration.
the site has the basic facilities. These facilities include access road,
electricity, water, offices, warehouse and rail line.
we are pleased to hear from His Excellency that all these facilities would be improved
immediately.”
after it was reviewed in April this year from the initial estimate of N3
billion in 2003.