Deprecated: Function WP_Dependencies->add_data() was called with an argument that is deprecated since version 6.9.0! IE conditional comments are ignored by all supported browsers. in /home/corerepo/public_html/wp-includes/functions.php on line 6260
Reps Inaugurate Ad-hoc Committee to Probe Port and Airport Concessions - Core Reporters
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Investigation
  • Feature
  • For The Record
  • Health
  • Opinion
  • Contact
Core Reporters
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Investigation
  • Feature
  • For The Record
  • Health
  • Opinion
  • Contact
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Investigation
  • Feature
  • For The Record
  • Health
  • Opinion
  • Contact
No Result
View All Result
Core Reporters
No Result
View All Result
Home News

Reps Inaugurate Ad-hoc Committee to Probe Port and Airport Concessions

Core Reporters by Core Reporters
February 4, 2026
0
Reps Inaugurate Ad-hoc Committee to Probe Port and Airport Concessions
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Reps Inaugurate Ad-hoc Committee to Probe Port and Airport Concessions

The House of Representatives has inaugurated a committee to commence a far-reaching investigation into port and airport concession agreements amid concerns over infrastructural decay, expired contracts and alleged failure of concessionaires to remit due revenues to the Federal Government.

RelatedPosts

WAPP Re-elects Sule Abdulaziz for Second Term, Prioritises Regional Electricity Market

Nigeria Tackles Bureaucratic Delay in Governance, Holds MDAs to Measurable Performance Targets

Police Arrest Four Suspects over Defilement of Three Minors, Rape of Vulnerable Woman in Bauchi

The probe, being conducted by an Ad-hoc Committee on the Investigation and Appraisal of Federal Government Benefits from Concessionaires, was prompted by an oversight visit to ports and terminals carried out by lawmakers in mid-2024.

According to the chairman of the committee, Hon. Akinlayo Kolawole in an interview revealed what he described as alarming conditions, including lack of modern scanning equipment, inadequate dredging and absence of meaningful upgrades to port infrastructure despite the obligations clearly stated in concession agreements.

Kolawole explained that the failure to install scanners has forced customs officials to manually inspect containers, a practice he said is obsolete globally and contributes to congestion, delays and high costs at Nigerian ports. He added that modern vessels are unable to berth at most Nigerian ports, compelling shipping lines to divert to neighbouring countries, particularly the Republic of Benin, from where goods are trans-shipped into Nigeria.

The lawmaker further disclosed that several concessionaires are operating with expired lease agreements, some of which elapsed one or two years ago, yet continue operations on a monthly rent basis. He described the arrangement as abnormal and a violation of existing agreements, noting that it raises serious questions about accountability and transparency in the management of public assets.

He said the committee’s concerns extend beyond infrastructure to financial obligations, stressing that available evidence suggests the Federal Government has not received fair returns from the concessions between 2006 and 2025. According to him, the committee will examine lease terms, remittances and other statutory fees to determine the extent of revenue losses and recommend recovery where necessary.

Kolawole emphasized that the committee is not solely focused on revenue recovery but also on improving service delivery and ensuring value for public assets. He said the House would advise the Federal Government to introduce stricter performance-based clauses in future agreements, allowing for swift termination of contracts where concessionaires fail to meet agreed standards.

To ensure compliance with its findings, the committee has engaged key security and anti-corruption agencies, including the Nigeria Police, the Department of State Services (DSS) and the Economic and Financial Crimes Commission (EFCC). Kolawole expressed confidence that the committee’s report would be implemented once submitted to the Presidency, relevant ministries and the House of Representatives.

He added that the ultimate goal of the investigation is to reposition Nigeria’s ports to meet international standards, restore investor confidence and ensure that the country derives full economic benefits from its strategic maritime assets.

 

 

Tags: DSSefccHon. Akinlayo KolawoleReps Inaugurate Ad-hoc Committee to Probe Port and Airport Concessions
Previous Post

Nigeria And Benin Take a Giant Leap Towards Economic, Inaugurate Inter-Ministerial Committee

Next Post

Nigeria, EU Strengthen Ties to Tackle Migration and Security Challenges

Core Reporters

Core Reporters

Related Posts

WAPP Re-elects Sule Abdulaziz for Second Term, Prioritises Regional Electricity Market
News

WAPP Re-elects Sule Abdulaziz for Second Term, Prioritises Regional Electricity Market

October 11, 2026
Oyedele Reacts as Fitch Revises Nigeria’s Outlook to Positive as Oil Output Hits OPEC Target, Inflation Seen at 15.4%
News

Nigeria Tackles Bureaucratic Delay in Governance, Holds MDAs to Measurable Performance Targets

October 11, 2026
APC Leaders, Remi Tinubu Attend North Central Rally for Tinubu’s 2027 Re-election
News

Police Arrest Four Suspects over Defilement of Three Minors, Rape of Vulnerable Woman in Bauchi

October 11, 2026
CP Ajo Directs Cross River Police Commanders to Adopt Proactive Policing Against Criminals
News

Police Arrest 29-Year-Old Suspect Over Alleged Abduction of 11-Year-Old in Cross River

October 10, 2026
Nigerian Navy Uncovers 40,000 Litres of Suspected Crude Oil in Delta-Report Says
News

Nigerian Navy Uncovers 40,000 Litres of Suspected Crude Oil in Delta-Report Says

October 10, 2026
Goronyo Commends Sokoto State Govt. For Donating 10 Hilux Vehicles to Boost Security on Sokoto–Badagry Highway
News

Goronyo Commends Sokoto State Govt. For Donating 10 Hilux Vehicles to Boost Security on Sokoto–Badagry Highway

October 10, 2026
Next Post
Reps Inaugurate Ad-hoc Committee to Probe Port and Airport Concessions

Nigeria, EU Strengthen Ties to Tackle Migration and Security Challenges

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

  • WAPP Re-elects Sule Abdulaziz for Second Term, Prioritises Regional Electricity Market
  • Nigeria Tackles Bureaucratic Delay in Governance, Holds MDAs to Measurable Performance Targets
  • Police Arrest Four Suspects over Defilement of Three Minors, Rape of Vulnerable Woman in Bauchi
  • APC Leaders, Remi Tinubu Attend North Central Rally for Tinubu’s 2027 Re-election
  • World Mental Health Day: Police Medical Director AIG Nkechi Urges Officers to Prioritise Mental Health

Recent Comments

  • bahamas luxury transportation on Nasarawa partners PAN, Keystone Bank, to revive own transport company
  • Austin Tyowua on Prof. Pam Bombshell: Blame Kwande, Fresh, others if Plateau United fails to emerge NPFL kings

Follow Us

Browse by Category

  • 20bet
  • best online casino
  • Business
  • casino
  • casino utan svensk licens
  • Entertainment
  • Feature
  • For The Record
  • Health
  • Investigation
  • News
  • Opinion
  • poli payment casino
  • Politics
  • Press Releases
  • review
  • Sports
  • Uncategorized
  • Сплиты

Recent News

WAPP Re-elects Sule Abdulaziz for Second Term, Prioritises Regional Electricity Market

WAPP Re-elects Sule Abdulaziz for Second Term, Prioritises Regional Electricity Market

October 11, 2026
Oyedele Reacts as Fitch Revises Nigeria’s Outlook to Positive as Oil Output Hits OPEC Target, Inflation Seen at 15.4%

Nigeria Tackles Bureaucratic Delay in Governance, Holds MDAs to Measurable Performance Targets

October 11, 2026