The Ocean and Cargo Terminal Services Limited has emerged the preferred bidder at the financial bid for Terminal ‘B’ Warri Old Port, Delta.
A statement by Amina Othman, Head, Public Communications, Bureau of Public Enterprises (BPE), on Thursday in Abuja, said the company offered 25. 5 million dollars for the port.
She said Ecomarine Consortium, the rival company, was disqualified for improper submission of its bidding documents.
Othman said the event, which was chaired by Mr Mohammad Ahmed, Chairman, Technical Committee, NCP, was attended by many stakeholders, including the Nigerian Ports Authority (NPA).
The objectives of the concession were to increase the efficiency of ports operations, reduce cost of doing business, reduce dependence on the treasury for support to an otherwise economically viable ports sector.
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