Senate okays inland ports in Onitsha, Enugu, Aba

Follow us on Social Media

Social sharing
· Summons Kachikwu over $115bn oil deal
The Senate has over­whelmingly voted for the establishment of Inland Ports in Onit­sha (Anambra State), Enugu, Aba (Abia State), and other land-locked states in the coun­try.
The Upper House said that the existence of the ports in the affected towns will boost com­merce and industrial activities in the country.
It therefore asked the Feder­al Government to direct the Ni­gerian Shippers Council (NSC) to carry out feasibility studies for purpose of establishing the ports in the proposed towns.
If the Federal Government heeds the move of the Senate, Bauchi and Maiduguri in Bor­no State, will also benefit from the projects.
To speed up the process, the Upper House mandated its Committees on Transport and Works to ensure the Executive arm of government’s full com­pliance with its position on the establishment of the Inland Ports in the designated states.
It noted those Inland Ports that have had feasibility stud­ies done on them for establish­ment of inland waterways ports should be revisited.
The resolution of the Senate was sequel to a motion sponsored by Senator Stella Odua (Anambra North).
In her motion titled: “Need for the Establishment of Dry and Inland Ports in Onitsha, Enugu and other Land-Locked States,” Senator Odua said the development of dry ports and inland water transport in Onit­sha, Aba and other land-locked areas would facilitate commercial and industrial activities, the export and import of raw ma­terials and equipment into the country.
She noted that the existing maritime ports in Lagos, Port Harcourt (Rivers State) and Calabar (Cross River State) have been overstretched, stress­ing that the congestion in the ports constitute serious secu­rity threat to life and property, especially at a time that there is heightened concern at crowd­ed locations.
The Anambra-born Senator added that due to congestion in the existing maritime ports and the bureaucracy associated with the clearing of goods, a lot of precious time, which would otherwise have been committed to other productive economic engagement, was often wasted.
Odua said that there have been cases of avoidable loss of lives and destruction of goods due to movement by road of containers and heavy equip­ment on trucks, adding that the situation had led to stunt­ed economic growth and lack of access to the global market.
She expressed optimism that creation of alternative ports would enhance trade, indus­tries, export and import within the zones, noting that bottom-up economic growth would give rise to global access and job cre­ation.
Odua’s motion enjoyed overwhelming support of the Senators present at the plenary.
The Senate President, Abubakar Bukola Saraki di­rected the relevant committees of the Upper House to ensure that the Federal Government gives priority to establishment of the Inland Ports in the affect­ed states.
Meanwhile, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, will soon ap­pear before a joint committee of the Senate to explain Nige­ria’s involvement in the recent oil deals with two Asian oil gi­ants in India and China.
The minister will appear be­fore the Senate Joint Commit­tees on Petroleum Upstream, Downstream and Gas to ex­plain the $15 billion proposed Memorandum of Understand­ing (MoU) with the Indian Government and another $80 billion agreement with Chinese firms.
Kachikwu’s invitation was at the instance of a motion moved by Senator Clifford Ordia who noted that the minister nego­tiated a $15 billion investment with India where the Asian country is expected to make an upfront payment to Nigeria for crude oil purchases.
Senator Ordia said the agreement will facilitate invest­ments in the oil and gas sector, specifically in areas such as re­fining, oil and gas marketing, upstream ventures, the devel­opment of gas infrastructure and in the training of person­nel in Nigeria.
He said: “The Minister of State for Petroleum Resources also carried out a road-show in China where an MoU of $80 billion to be spent on in­vestments in oil and gas infra­structure, pipelines, refineries, power, facility refurbishments and upstream financing, span­ning five years, was signed with some Chinese companies.
Last June, Kachikwu an­nounced the signing of a mul­ti-billion-dollar deal with some Chinese firms, spanning five years in the oil and gas indus­try, covering pipelines, refiner­ies, gas and power, facility re­furbishments and upstream financing.
READ ALSO  Just In: Oyo police arrest and arraign 29 Oduduwa Yoruba Nation agitators
Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About 9News Nigeria 13335 Articles
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: info@9newsng.com Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng

Be the first to comment

Leave a Reply