LAGOS- The Managing Director of Nigerian Ports Authority (NPA), Malam Abdulsalam Mohammed, has said that port reform is designed to attract foreign investments.
Mohammed said at a two-day maritime stakeholders’ forum, which ended on Wednesday in Lagos , that the reform was also designed to make the port system highly efficient, competitive and transparent.
He recalled that in 2006, the NPA undertook the concession of certain aspects of its operations to the private sector in line with the reform programme of government.
Mohammed, who was represented by the General Manager, Special Duties, Capt. Iheanacho Ebubeogu, said: “port concession is therefore part of the overall reform
policy of government to pursue an economic agenda that is private sector driven.’’
According to him, the basic tenets of this model provides for public ownership of port infrastructure and transfer of operational responsibilities to the private sector.
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