Cash crunch threatens $6.5bn port concession agreements

Cash crunch threatens $6.5bn port concession agreements

The low volume of import and export activities in the maritime sector, which has created a shortage of cash in the industry, is threatening the port concession agreements valued at $6.5bn. This is especially so for port terminal operators who are required by the agreement to pay their fees to the Nigeria Ports Authority in

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Source: Cash crunch threatens $6.5bn port concession agreements

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