The Infrastructure Concession Regulatory Commission (ICRC) said it would revive at least six abandoned dry port projects whose contracts were signed in 2006.
Even though these Inland Container Depots (ICD) or dry ports have been concessioned, only the Kaduna Dry Port been concluded and commissioned.
The six others have been grappling with the inability to raise enough capital to complete them under the watch of the Nigerian Shippers Council (NSC), which is the promoter.
The ICRC held a meeting with the NSC to look at ways of making the dry ports come alive.
The acting Director-General of the Commission, Mr. Michael Ohiani, expressed dismay that 16 years after the concession contracts were signed, some of the ICDs were still at five per cent completion, while only two had gotten to 55 percent and 68 per cent, hence the need for the meeting.
The concessionaires and states where the ports are located include Oyo State (Ibadan) with 50,000 Twenty-foot Equivalent Units (TEUs), by Catamaran Logistics Ltd; Abia State (Isiala Ngwa) with 50,000 TEUs by Eastgate Ltd; Plateau State (Jos) with 20,000 TEUs by Duncan Maritime Nig. Ltd.
The rest are Kano State (Dala) with 20,000 TEUs by Dala Inland Dry Port Ltd.; Katsina State (Funtua) with 10,000 TEUs by Equatorial Marine Oil and Gas Ltd. and Borno State (Maiduguri) with 10,000 TEUs by Migfo Nigeria Ltd.
Based on the last assessment presented to the ICRC by the NSC, the DG said the percentage progress made by the concessionaires were Oyo State –10%; Abia state – 5%; Plateau State – 29.7%; Kano State– 55%; Katsina State – 68%, and Borno State – 5%.
