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Develop ,own and operate ports and harbours
- Provide safe and navigable channel
- Offer cargo handling and storage services
- Maintain Port facilities and equipment
- Ensure safety and security
- Develop and own property
In an effort to reposition and enhance the national economy, the Federal Government embarked on various reform initiatives in the public sector, which includes the maritime sub-sector. This initiative was to foster an economy that is responsive, robust, private sector oriented and in line with the international best practices.In line with the reform programme, the transactions commenced with the advertisement for Expression of Interest EOIs on the 3rd of December 2003 by the National Council on Privatization with the Bureau of Public Enterprises acting as the transaction agent. A total of 110 EOIs were harvested out of which 94 were pre-qualified.Pre-bid conferences, Data room and physical due diligence were also done and request for proposals sent out to bidders.
Under this new arrangement , the Authority ceded some of her functions and responsibilities as enumerated below:
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Ownership and administration of land and water within port limits.
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Planning and development of port operational infrastructure.
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Leasing and concession of port infrastructure and setting bench mark for tariff structure
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Responsible for nautical/Harbour operations and hydrographic survey.
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Marine incidents and pollution
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Maintenance of safety and security at the common user areas.
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Enacting port regulations and bye-laws as well as monitor and enforce them
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Day to day monitoring of operations and enforcement of relevant sections of respective agreements.
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Cargo handling, stevedoring, warehousing and delivery.
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Acquisition of cargo handling and operations related equipment
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Development and maintenance of ports’ superstructure
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Maintenance of safety and security within the terminal
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Towage, mooring, bunkering, ship chandelling and ship repairs
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Policy formulation and planning at national level of basic marine infrastructure.
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Legislation
International relations