The Infrastructure Concession and Regulatory Commission (ICRC) of the Federal Government of Nigeria (FGN) has plans to complete the awarding of the Kirikiri Light Terminals Phase I & II (KLT I & II) in Lagos.

KLT I & II, which are being managed by Nigerian Port Authority (NPA), were initially scheduled for concession to private operators in 2006. Later the project was stepped down due to government proposal to develop the terminals for fishing purposes. However, the FGN is currently disposed to concession the facility to operators for a variety of possible uses to optimize the use of the terminals.

The two terminals have quay walls with length of about 1000 meters for KLT I and 760 meters for KTL II. Container stacking areas available are 26 and 16 hectares at KLT I and KLT II respectively. The terminals are separated by a narrow channel with an initial draft estimated at 4.5 meters.

CPCS, a Canadian management consulting firm providing strategic advisory services specific to transportation and power infrastructure, was contracted by the Nigerian Port Authority (NPA) to prepare a full business case identifying public private partnership (PPP) opportunities at the Kirikiri Light Terminals Phase I & II (KLT I & II).

The company has also acted as transaction advisors. CPCS was required for the structuring of the PPP contracts, assessing the viability of the projects, preparing the bidding documents and assisting NPA to close the transactions.

This decision is in line with Nigeria's strategic vision of firmly establishing public private partnership (PPP) as viable options to develop and operate ports infrastructure.

Mallam Aminu Diko, Director General of the Infrastructure Concession and Regulatory Commission, said:

"The move to concession these parts of the nation’s port facilities was to ensure that the facilities are used maximally while earning monies for both government and concessionaires. No government agency will support one proposal over another in this typical market economy. The public private partnership should not be seen as privatization. PPP allows the private sector to repair and rebuild infrastructure as well as recoup their investment for a stipulated time. The ICRC is involved in the monitoring of the projects to ensure delivery at the expected time."