Nigeria In One Minute
FG set to open fresh bid for Lagos container terminal
The Tin Can 11 container terminal, also known as Lilypond Terminal, is about to be advertised for public bidding, The PUNCH has learnt.
Lilypond was concessioned in 2006 to AP Moller Terminals.
The PUNCH correspondent learnt that the concession arrangement between the Nigerian Ports Authority and APMT, which lasted for 10 years, ended in 2016.
The NPA, which confirmed the planned fresh bid round for the terminal on Monday, said the terminal would soon be open for fresh bidding as soon as the Public Private Partnership department of the agency concluded the paperwork.
The PUNCH, November 8, 2018
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