By Lucy Ogalue
The Managing Director, National Inland Waterways Authority (NIWA), Dr George Moghalu, has expressed optimism that the recently concessioned Onitsha River Port will impact positively on the nations economy.
Moghalu made the expression, while formally handing over the port to Dr George Nwangwu, the Managing Director, Universal Elysium Consortium and concessionaire of the port in Abuja on Friday.
We are here to formalise the handover of the Onitsha port that has been formally concessioned because the agreement for the concession has been signed.
And what we are doing now is to give the concessionaire the instrument of authority to enable him move into the port and put it to active use.
The port we believe is a very strong Federal Government asset.
On our own part, we are very excited because I believe this is the very first successful PPP arrangement in the maritime sector. I am not sure if anyone has happened.
Ones again I congratulate you and formally sign the papers.(NAN)(www.nannews.ng)
Edited by Chinyere Bassey/Grace Yussuf
Source: NAN News