Connect with us

Business

BPE Decries Non-dredging of Calabar Channel

Published

on

By Joseph INOKOTONG
The Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has decried the non-dredging of the Calabar Channel which has impeded vessels coming into the Calabar Port to the detriment of the terminal operators and other users of the Port.
Speaking after the Post Privatisation Monitoring of Terminal Operators at the port recenrlt, the Acting Director- General who was represented by the Director, Post Privatisation Monitoring in the BPE, Mr. Joseph Chigbo Anichebe who led a BPE team to the Port, said the Bureau would immediately come up with a report on its assessment of the Port and present to the Federal Government for quick intervention for the dredging which commenced some time ago but suddenly stopped.
He said that though the Bureau was not a party to the contract for the dredging of the Calabar Channel, “BPE will step in to ensure that the Federal Government dredges the Port because it is an agreement signed with the Terminal Operators during the concessioning of the Terminals”.
The Ag. DG said that during the two-day monitoring at the Port, all the Terminal Operators complained that the non-dredging of the Channel had led to a lull in their operations leading to a huge loss of revenue to the Federal Government, a situation, he said ought to be addressed urgently to shore up Government’s dwindling revenue.
According to him, “Calabar Port is not what we were expecting. We expected to see here what is happening in Lagos and Port –Harcourt Ports where activities are booming but unfortunately, the Calabar Port has gone back to pre-2006 levels. We have interacted with the Port operators who have told us why the Port is not performing as expected and have given the Bureau an avalanche of reasons why the Port is not performing. And the major challenge they say is the non-dredging of the Calabar Channel.
“No ocean going vessel can come into the Channel. We were expecting the draught to be deepened but as it is now, no big or container laden vessels can come into the Port. When we go back after the interaction with the Terminal Operators, we will do a report to the BPE management and the National Council on Privatisation (NCP), chaired by the Vice-President, highlighting the problems we saw on ground and it is our belief that very soon things will change based on our recommendations”

A statement signed by Mr. Alex E. Okoh Head, Public Communications of the BPE said he stated that after the interaction with the Terminal Operators, the key thing that played out was the non-dredging of the Calabar Channel. “You can’t ask a ship to come to Calabar Port and dock because the depth is so low. And that is the critical thing we expect the Federal Government to do. As soon as the Channel is dredged, Nigeria can apart from imports, also export as there are many things to export but if the ships can’t come in you can’t export. You can’t take smaller ships to export goods to Europe”.
The Acting Director General maintained that the Calabar Port is very central to the North-East, North-Central, South-East and South-South regions of the country which it can control the economies in these regions.”Nnewi for instance imports heavy duty equipment. In Onitsha, they import all kinds of goods. Aba exports and imports a lot of products and Calabar Port should be the hub but currently, it is not. People will transport their goods to Lagos to export while others would import through Lagos Port and haul them by trucks and the roads are not good. So why not use the Calabar to ease their sufferings”.
The Calabar Port was concessioned to Intels, Ecomarine and Shoreline Logistics in 2006. Under the concession agreement, the Federal Government was contractually obligated to dredge the Calabar Channel but it never did until in 2013 when the Nigerian Ports Authority (NPA) appointed a Channel Manager- Calabar Channel Management (CCM) in 2013. CCM mobilised and started dredging in 2014 but suddenly stopped.

Due to the non-dredging of the Channel, many stakeholders have been making a case for it, the recent being the Manufacturers Association of Nigeria (MAN) which recently met with the Cross River State Governor, Ben Ayade to intervene to make the Port work.

Continue Reading
Click to comment

Leave a Reply

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

Business

Dangote Refinery Boosts Fuel Exports as Gulf Refineries Shut Down

Published

on


By: Fabian Apechihin

The Dangote Petroleum Refinery has ramped up fuel exports to international markets amid widespread refinery shutdowns in the Middle East, industry sources confirmed.

A senior official at the $20bn Lagos-based plant told The PUNCH that the facility exported significant volumes of petrol (PMS), diesel (AGO), and aviation fuel (Jet A1) to foreign buyers in August, following earlier shipments in June and July.

The surge comes as Saudi Aramco and other regional producers face heavy maintenance schedules, tightening fuel supply. Aramco has already shut down two plants and plans further closures, including its 460,000 b/d Satorp refinery in Jubail for a 60-day turnaround in November–December. Kuwait and India are also scaling back capacity for maintenance and seasonal demand.

According to Argus Media, these shutdowns are pushing Gulf nations to import record volumes of gasoline, with Saudi Arabia and the UAE sharply increasing purchases from Europe and other markets in recent months.

While some reports pointed to operational constraints at Dangote’s 650,000 b/d facility, the company dismissed such claims, insisting production is on track to reach 700,000 b/d by December. Earlier this year, Aliko Dangote announced the refinery had sold two cargoes of jet fuel to Saudi Aramco and recently achieved exports of about 1 million tonnes of petrol between June and July.

“With Gulf refiners offline, Nigeria has now emerged as a net exporter of refined products,” Dangote said.

Analysts suggest the extended refinery outages in the Middle East will further strengthen demand for Dangote’s output, positioning the Nigerian plant as a key supplier in regional fuel markets.


Would you like me to tighten this further into a 5–6 paragraph wire-style news brief, or keep it as a detailed feature-style report with more context on Gulf refinery shutdowns?

Continue Reading

Business

US Oil Exports to Nigeria, Others Fall to 3.3m bpd as Local Output Rises

Published

on

By: Fabian Apechihin

The United States’ crude oil exports to Nigeria and other African countries fell for the fifth consecutive month in July 2025, averaging 3.3 million barrels per day (bpd), the lowest level since March 2022.

The Organisation of Petroleum Exporting Countries (OPEC) disclosed this in its August 2025 Monthly Oil Market Report (MOMR), attributing the decline to weaker flows to Europe and Africa, particularly Nigeria, but without giving further details.

Industry analysts link the slowdown to the ramp-up of local refining capacity, especially the 650,000 bpd Dangote Refinery, which has reduced Nigeria’s reliance on imported crude, including from the US. Vanguard checks also show that crude importation has slowed further in recent months due to improved domestic production.

According to OPEC data, Nigeria’s crude oil output—excluding condensates—rose by 11 per cent year-on-year to 1.559 million bpd in July 2025, up from 1.386 million bpd in the same period of 2024. This marks the country’s highest monthly production level so far this year.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) corroborated the figures, stating that overall output, including condensates, exceeded 1.8 million bpd in July.

Gbenga Komolafe, Chief Executive of the NUPRC, said the milestone was achieved through the agency’s “Project 1 MMBOPD Incremental” initiative, supported by a multi-stakeholder collaborative framework.

“We are glad to report that we crossed the 1.8 million bpd mark on peak production last month, with average production hovering at 1.78 million bpd,” Komolafe stated.

He added that the Commission is working to sustain production growth by optimising the Maximum Efficient Rate (MER) framework, improving produced water management, and aligning operational shutdowns and maintenance schedules to minimise disruptions.

“With these measures and continued collaboration, the presidential mandate on production increase is well within reach,” he said.


Do you want me to make this rewrite more concise for a newspaper front-page brief or keep it detailed like a full energy market report?

Continue Reading

Business

NDYPC Hails Otuaro’s Reforms in Presidential Amnesty Programme

Published

on

• Lauds transparency, fairness in beneficiary selection and grassroots empowerment

• Says reforms align with Tinubu’s Renewed Hope Agenda, restore trust in Niger Delta

The Niger Delta Youths for Positive Change (NDYPC) has commended the Administrator of the Presidential Amnesty Programme (PAP), Dr. Dennis Otuaro, for what it described as bold, people-focused reforms that are restoring trust and delivering tangible benefits to the Niger Delta.

In a statement signed and issued by Comrade Elliott Yibakeni, after the conclusion of leadership training sessions with ex-agitator leaders in Abuja, the group said the PAP, once in urgent need of renewal, is now undergoing a transformation that reflects transparency, fairness, and accountability.

“At a time when public trust in institutions was waning, Dr. Otuaro has emerged as a symbol of credibility and transformation,” the statement read. “His visionary leadership is restoring integrity, empowering communities, and driving a sustainable development agenda that resonates with the aspirations of the Niger Delta.”

According to NDYPC, under Otuaro’s leadership, beneficiary selection has become fair and merit-based, ending years of favoritism and political interference. The group added that access to education, skills training, and empowerment opportunities, both locally and abroad, is now guided by equity and open competition.

The group highlighted several internal reforms, including improved staff welfare, strengthened professional capacity, and strict adherence to best practices in public procurement. These, it said, have made the PAP more efficient, responsive, and transparent.

NDYPC also praised Otuaro’s inclusive governance style, noting his sustained engagement with traditional rulers, women leaders, civil society organizations, and local communities. This approach, the group said, has strengthened peace-building efforts and deepened trust between the PAP and the people it serves.

In line with President Bola Ahmed Tinubu’s Renewed Hope Agenda, the PAP has maintained consistent payment of stipends to ex-agitators and extended direct support to vulnerable populations. NDYPC also applauded new healthcare interventions for ex-agitators facing health challenges.

The statement further commended the programme’s investments in scholarships, vocational training, and economic empowerment initiatives aimed at preparing Niger Delta youths for leadership, innovation, and sustainable livelihoods.

“Every decision reflects a deep commitment to public trust, responsible stewardship, and long-term development,” NDYPC stated. “Under Dr. Otuaro’s watch, the Niger Delta is rising stronger, united, and filled with renewed hope.”

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.