This assurance was given, yesterday, during the committee’s oversight visit to the terminal of Ports & Cargo Handling Services Limited, a subsidiary of SIFAX Group, at the Tin Can Island Port, Lagos.
The committee’s Chairman, Hamisu Ibrahim Chidari, said the House mandated the committee to ensure all Federal Government’s concessioned assets were performing at an optimal level.
He said the oversight visit was a key part of the committee’s statutory responsibility, working with diverse government agencies and ministries to ensure that the assets of the government that have been concessioned were performing and delivering premium returns to the government as well as the investors.
“Our job also involves working to remove any obstacle that might be impeding the smooth running of the private investors in these assets,” he stated.
On the concession renewal, Chidari noted that the committee would be leveraging its excellent working relationship with the Minister of Marine and Blue Economy to resolve the contract renewal in the shortest possible time.
Earlier, the Managing Director, Ports & Cargo Handling Services Limited, John Jenkins, appreciated the committee members for their visit, adding that the terminal operator and its parent company, SIFAX Group, had, over the years, contributed substantially to the growth of the economy.
