NIGERIAN SHIPPING COUNCIL to cancel the licences of concessionaire if they show low level of commitment in completing the concession

Executive secretary of NIGERIAN SHIPPERS COUNCIL (NSC) stated that unwillingness to execute the project will not be tolerated and their concession agreement is in risk

The Infrastructure Concession Regulatory Commission has issued a compliance certificate for the Outline Business Case of the project

Infrastructure Concession Regulatory Commission (ICRC) issues compliance certificate for Outline Business Case (OBC) for the project

General Electric has stated that it has a 'keen interest' in the concession, which is currently in procurement

General Electric has stated that it has a 'keen interest' in the concession, which is currently in procurement. The company is forming a consortium of co-developers and lenders to bid