Preferred Bidder for Terminal B Warri Old Port in Delta emerges
Thu, Apr 19, 2018 | By publisher
Business
The Ocean and Cargo Terminal Services Limited has emerged the preferred bidder for the concessioning of Terminal B Warri Old Port in Delta State.
At the financial bids opening for the Port Terminal held by the Bureau of Public Enterprises, BPE, in Abuja, on Wednesday, April 18, Ocean and Cargo offered the sum of $25, 510,000.64 to emerge the preferred concessionaire after its rival-Ecomarine Consortium was disqualified for improper submission of its bidding documents.
Consequently, Ecomarine’s bid price was not announced. However, Ocean and Cargo Terminal Services Limited emergence is subject to the approval of the National Council on Privatisation, NCP.
The event which was chaired by M. K Ahmed, chiarman of the Technical Committee of the National Council on Privatisation, NCP, was attended by many stakeholders, including the Nigerian Ports Authority, NPA, which was represented by Sokonte Davies, executive director, Marine Operations, who stood in for the managing director, Hadiza Bala Usman.
– Apr. 19, 2018 @ 18:49 GMT
Related Posts
NDIC encourages financial discipline, saving habit among students
THE Nigeria Deposit Insurance Corporation (NDIC), has stepped up efforts in inculcating financial literacy on students in various institutions across...
Read MoreCritical Minerals Africa kicks offs with expert insights on critical minerals
THE Critical Minerals Africa, CMA, 2024 Summit kicked-off today in Cape Town with presentations on the state of play of...
Read MoreAEW 2024 explores unlocking energy security through Downstream Investment Strategies
THE downstream sector is vital in allowing the African continent to benefit from its resources. A panel discussion at this...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.