The Federal Capital Territory Administration (FCTA) and Nigerian Shippers Council have signed a deal to establish a dry port and truck transit terminal in Abuja at the cost of $150 million. The deal was sealed between the Executive Secretary of the Nigerian Shippers Council, Hassan Bello and FCT Minister, Muhammad Musa Bello.
The need for a dry port and a truck transit terminal was established in response to Abuja’s rising profile as a commercial hub. The parties involved will constitute a joint team to work out appropriate strategies to ensure the implementation of the project.
The FCT Minister, who noted that the current growth and development being experienced in the city was indicative that Abuja is ripe for all the necessary complements of a mega city, said a provision in the Abuja Master-Plan catered for both a dry port and truck transit terminals.
The Minister revealed that the dry port, the Idu Station that ensures connectivity by road, air and rail linking eastern, northern and western lines would transform Abuja into a transportation hub. There is also a spur rail line from Minna, Niger State, to Abuja, envisaged to connect to the Baru Port.
Muhammad Bello pleaded with the Nigerian Shippers Council to factor these provisions in the project and investment plan. He stressed that there was already a policy in place to govern the operations of articulated vehicles, detailing when and where they can ply.
It was revealed that private equity would comprise about 90 percent of the $150 million investment outlay for the proposed projects.
The Nigerian Shippers Council, which was established in 1978, is an intervention agency that focuses on the development of infrastructure on marine, roads and inland waterways including airports.