Reps Probe Port Concessionaires Over Value for Money, Transparency
By Oluwakemi Kindness The House of Representatives has begun a comprehensive probe into port concessionaires, raising concerns over whether the policy has delivered value for money nearly two decades after it was introduced. The investigation focuses on air and seaport terminal operators under the concession regime launched in 2006 to improve efficiency, attract private investment, […]
Reps Begin Probe of 19-Year Port, Airport Concessions
By Oluwakemi Kindness The House of Representatives in Tuesday inaugurated an Ad-Hoc Committee to review the performance of concessionaires managing federal ports, airport terminals, and related shipping activities from 2006 to 2025. The review aims to determine whether concession arrangements have delivered value for money, improved service standards, and enhanced government revenue over the 19-year […]