A major milestone is being witnessed as the negotiation meeting between the Federal Government and CRCC, the preferred bidders for the construction of the Ibadan Inland Dry Port, is nearing completion. DryInlandPort Ibadan Nigeria Port
Nigerian Shippers’ Council , which is the guarantor to the concession of the 80,000 TEU capacity dry port to be built on the basis of Public Private Partnership agreement in Ibadan, the Oyo State capital, said the “negotiations will be concluded soon”.
NSC’s spokesperson, Rakiya Zubairu, said on completion, the dry port would also provide a competitive cargo sorting centre, bulk breaking as well as cargo-tracking and truck management services. She said this project, estimated at $94,000,000.00 , would boost employment in Oyo State and other cities in the environs.
The negotiations emphasised the utilisation of local content at each stage of development and operation of the facility.Having concluded this stage, Zubair said: “an Updated Full Business Case Compliance report will be produced. A draft agreement will be presented to the Federal Ministry of Justice, and sent to the Infrastructure Concession Regulatory Commission , for vetting, after which the Minister of Transportation will present the agreement to the Federal Executive Council.
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