|Mr. Hope Yongo
Plans are being concluded to overhaul the
old Burutu Port in Delta State, and have it dedicated to movement of solid
Mr. Hope Yongo of the Nigerian
Export-Import (NEXIM) Bank disclosed this recently at a stakeholders forum
organised in Lagos by the Nigerian Maritime Administration and Safety Agency
predominantly ship owners in attendance, focused on discussions of NIMASA
five-year plan for the cessation of cabotage waivers for foreign operators in shipping
operations in Nigeria.
with Akewa Colmar Terminal (Private owners of the Burutu Port) on commencement
of operations in the port, would be moving bulk cargoes that are in millions of
this came from when some of our customers kept coming to us concerning their
challenges in moving bulk cargo like iron ore, coal, limestone. And we noticed
that the cargo were by the River Niger.
But, in the last three years now, we have been trying to develop the inland
waterways,” he said.
the National Inland Waterways Authority (NIWA) to deepen the inland waterways
was near completion.
users of the port are just waiting for the charting of the inland waterways so
that barges can start moving. We are discussing with NIWA on that. We hope to
conclude arrangement with NIWA by the end of this month.”
and how it would boost intra-Africa trade, Yongo said the initiative would
improve fleet development and improve maritime domain security to support easy movement
investments in ship-building as the discussions progress.
for Maritime Projects,’ which Yongo presented on behalf of NEXIM Bank Managing
director, Mr. Abba Bello, Yongo
highlighted issues in trade connectivity and of logistics challenge in intra-Africa
trade space in Africa due to dwell-time.
role and promoting the sea-link road to help move cargo