The Nigerian Port Authority has announced its commencement of the search for Public Private Partnership (PPP) alternatives to repair the deteriorated infrastructure at the Tin-Can Island Port.
According to the Authority, the restoration of the Tin-Can quay apron will facilitate the docking of larger vessels in Nigeria.
During the Maritime Reporters Association of Nigeria Breakfast Meeting with the theme “Rehabilitation of Tin-Can Island Port: Providing Feasible Solutions,” Mohammed Bello-Koko, the managing director of NPA, expressed the organization’s commitment to exploring various options, despite the challenges associated with securing government funding.
Ayo Durowaye, the general manager of the Managing Director’s Office at NPA, representing Bello-Koko, explained that the NPA is considering different possibilities, including a sustainable Public Private Partnership (PPP) arrangement, for the rehabilitation of the Tin-Can Island quay apron.
The head of NPA noted that Tin-Can has been operational since 1977, and emphasized that Tin-Can and Lagos Port Complex handle approximately 60 to 75 percent of the country’s cargo.
Furthermore, he stated that measures were being implemented to ensure the continuous operation of the facilities.