Skip to content
Monday 12 October 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Business & Economy
Business & Economy

10,000 jobs at risk as seaport concession agreement renewal stalls

The FrontierThe FrontierDecember 2, 2024 2772 Minutes read0

Checks by our correspondent have revealed that efforts to renew the port concession of about eight seaport terminals have stalled following unsatisfactory perception of the level of investment at the various port terminals by the different companies who leased these terminals from the Nigerian Ports Authority (NPA).

The affected port terminals scattered across major Nigerian ports include those located in Apapa, Tin-Can Island, Onne, and Warri, reports Nigerian Tribune. Data obtained by our correspondent from official documents detailing concession agreements showed that the expired concessions, which were granted to private operators for periods ranging from 10 to 25 years, covered both bulk cargo handling and container terminal operations.

Among the expired seaport lease agreements is the 15-year concession granted to ENL Consortium for the management of Apapa Terminal D, which expired in 2021. Similarly, Greenview Development Nigeria Limited saw its 15-year concession for Apapa Terminal E end in the same year. The Tin-Can Island Container Terminal Limited (Terminal B) concession, initially granted in 2006, expired back in 2016, yet operations continue amid concerns about the legal status of their activities.

SDP Poster Layout

Further findings showed that Five Star Logistics Limited, operators of the Tin-Can Island Port (TCIP RORO) terminal, had its 15-year concession for the terminal lapse in August 2021.

Other expired concessions include Ports & Terminal Multiservices Limited, which manages TCIP Terminal E under a 15-year agreement that also expired in 2021, and Brawal Oil Services Limited, whose Onne FLT A terminal lease ended in 2016. At the Warri New Port, the lease granted to Associated Maritime Services Limited for Terminal A ended in 2021, while Intels Nigeria Limited’s concession for Onne FLT B expired over a decade ago, in 2012.

Speaking with our correspondent on the implications of a delayed renewal of the expired seaport concession agreements, President-General of the Maritime Workers Union of Nigeria (MWUN), Comrade Adewale Adeyanju lamented that over 10,000 jobs are on the line if the agreements are not renewed.

According to the MWUN President-General, “Many of the port terminals have their lease agreement already expired, and government has been applying lip service to the renewal of these agreements.

“As I speak to you, many jobs are on the line due to the uncertainty that is surrounding these lease agreement renewals.”

It is when these agreements are renewed that jobs will be secured.

“If government terminates or refuses to renew these agreements, many workers will be out of jobs. We are talking of about 10,000 jobs here. It is important that government gives some form of clarity to the expired lease agreements by renewing them.”

Efforts to get the Ministry of Marine and Blue Economy to speak on the matter proved abortive as calls put through to the minister’s media aide, Mr. Ismaila Omipidon, were not responded to as of the time of filing in this report.

However, a source close to the ministry explained that the delay to the concession agreement has been down to the fact that government is not satisfied with the level of investment made so far at the port by the private investors operating the terminals.

“The port concession renewal has been delayed because the level of investment at the port is not what government expected by now. When you look at what is available at neighbouring ports, you will realize that our port is far behind in terms of facilities.

“Government expected more from these private investors running the ports, and that is why the lease agreements have been put aside for now till further notice,” the source told our correspondent.

Tags
10000 jobsconcession agreementrenewalSeaportstalls
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Union Bank announces new Board Chairman, Directors
next post Creditors to FG: Remit N12 billion loans deducted from workers’ salaries
Related posts
  • Related posts
  • More from author
Business & Economy

Petrol discount: Peter Obi, Falana, others slam Tinubu as motorists lament difficult access •PDP demands transparency

October 12, 20260
Business & Economy

IPO: Dangote Foundation targets 5m students, 2m vulnerable women

October 12, 20260
Business & Economy

NNPC discount: Not yet Uhuru for Nigerians as depot prices increase signals fresh pump price hike

October 10, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Entertainment

Nigeria’s Afrobeats singer Ayra Starr becomes first African female singer to headline NFL halftime show in London

October 12, 20260
News

CJN swears in 68 new Senior Advocates of Nigeria •PHOTO

October 12, 20260
Politics

BEWARE: Fake 2027 election governorship candidates list in circulation — INEC raises alarm

October 12, 20260
Environment

Abuja flood fears: Stop Maitama demolition — Amnesty International warns FCT minister Wike

October 12, 20260
Info Tech

Nigeria’s mobile network quality at risk as diesel price skyrockets

October 12, 20260
International

Iran urges Saudi Arabia to pursue diplomacy as attacks escalate

October 12, 20260
Load more

inside the Hill top newspaper

February 9, 2025

Nigeria’s Afrobeats singer Ayra Starr becomes first African female singer to headline NFL halftime show in London

October 12, 2026

CJN swears in 68 new Senior Advocates of Nigeria •PHOTO

October 12, 2026

BEWARE: Fake 2027 election governorship candidates list in circulation — INEC raises alarm

October 12, 2026

Abuja flood fears: Stop Maitama demolition — Amnesty International warns FCT minister Wike

October 12, 2026

Nigeria’s mobile network quality at risk as diesel price skyrockets

October 12, 2026

inside the Hill top newspaper

0 Comments

Nigeria’s Afrobeats singer Ayra Starr becomes first African female singer to headline NFL halftime show in London

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Orphanage owner remanded over abduction of 600 children

October 15, 2025
3

Vigilante commander nabbed with human skulls, bones in Rivers

July 3, 2024
4

Ukraine’s Zelensky names spy chief Budanov as new top aide

January 3, 2026
5

JUST IN: Nigeria’s sensational singer Tems bags Grammy

February 3, 2025
6

2027: Igbo youths threaten election boycott to demand Nnamdi Kanu’s release

July 23, 2025
Popular
1

inside the Hill top newspaper

February 9, 2025
2

New Year: Tinubu, Abbas, Atiku, others deliver messages of hope

January 1, 2025
3

Ogun LG election: Governor Abiodun declares tomorrow public holiday

November 14, 2024
4

Christmas Day mishap: 2 brothers drown at Lagos beach

December 28, 2023
5

Kogi guber: Hoodlums haggle over election mobilisation fees

November 11, 2023
6

Fans slam Super Eagles goalkeeper Okoye over habitual late arrival

September 24, 2026

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

South Korea: Bird feathers found in engines of crashed Jeju jet that killed 179 people

January 27, 2025

Housewife rescued from jumping into Lagos Lagoon

November 6, 2023

We will never be part of proposed Ijebu State – Ondo monarchs

February 10, 2025

Social media suspended in Gabon until further notice

February 18, 2026
Top posts

Categories

  • News5132
  • Politics4836
  • Crime4596
  • International3208
  • Sports2582
  • Business & Economy2369
  • Headlines2281
  • Education1444
  • Matilda Showbiz1047
  • Health936
  • Entertainment879
  • Africa615
  • Religion496
  • Environment396
  • Special279
  • Info Tech261
  • Arts & Culture243
  • Inside Akwa Ibom Today230
  • Hunger protests in Nigeria224
  • Interview196
  • Opinion158
  • EyeCare with Dr Priscilia Imade137
  • World Cup 202695
  • Advert36
  • Trends25
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge4

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact