‘N70bn spent on Tin Can Port facilities since inception’



Foremost terminal operator, the Tin Can Island Container Terminal (TICT), said it has spent over N70 billion on amenities since it became separated from the Nigerian Ports Authority (NPA) in 2006.

The Commercial Services Manager of the terminal, Mr. Richard Akinbosotu, disclosed this after conducting the Maritime Correspondents Organization of Nigeria (MARCON) round its terminal in Lagos.

Akinbosotu said the terminal has been enhanced in its service delivery as over 1,000 containers are being recorded daily, adding that such development has increased profit generation for the federal government.

Akinbosotu also acknowledged a massive development of the TICT, saying: “I can say we have spent over N70 billion in developing the port since we took over, the maximum delivery now is 1,000 containers and at times more than that but before now, it used to be 100 containers.”

He noted that there were tremendous changes in vessels turnaround time at the terminal as they now spend 32hours at berthing point to discharge consignments with no congestions where they berth.
Akinbosotu highlighted challenges being encountered at the terminal, especially the traffic gridlock on the access road connecting the port complex, and the terminal, while blaming importers for false declaration of consignments and creating problems for the freight forwarders.
The TICT boss added that the five Rubber Gantry Tyre cranes (RTG) will be procured for the terminal operations in 2014.


[Eugene Agha, Daily Trust]