23.9 C
Lagos
Monday, September 21, 2026

Onitsha Port Receives First Barge Cargo of 2025 Season

Must read

Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
spot_imgspot_img
- Advertisement -

The Onitsha Port in Anambra State was abuzz with excitement early this month as the first barge for the 2025 season, MV ZUPITOR/MV RB ALASKA, berthed at the port.

The General Manager of Universal Elysium Limited, the concessionaire of the port, Mr Chris Mbonu, expressed his enthusiasm, describing the berthing of the barge as a positive milestone and a reminder of the pressing infrastructural gap.

Mbonu explained that operations at the port were ongoing but largely seasonal, with activity peaking only during the rainy season when the River Niger’s water level rises sufficiently to allow vessel movement.

He attributed the seasonal operation to the inconsistency of dredging and channel management of the River Niger, rather than a lack of infrastructure or demand.

“The port is functional and ready to work 365 days a year. But without consistent dredging of the River Niger, we are forced to operate only when the waterway allows us—essentially turning a national asset into a seasonal stopgap,” Mbonu said.

He likened a port without a navigable waterway to a car without fuel, adding that the current situation limits the port’s capacity to serve as a true inland logistics hub for Nigeria’s growing domestic and international trade.

Mbonu appealed to the federal government, the Ministry of Marine and Blue Economy, the Nigerian Inland Waterways Authority, and private stakeholders to make regular dredging and maintenance of the River Niger a national economic priority.

Regular dredging of the River Niger, according to Mbonu, would unlock year-round navigability, enabling barges, ferries, and larger vessels to move seamlessly between the southern seaports and the inland commercial centers.

This would lower transportation and logistics costs, ease congestion on critical highways, reduce delivery timeframes and business inefficiencies, and increase investor confidence in inland logistics.

The concessionaire also highlighted the potential impact on agriculture, tourism, and recreation, including helping farmers and aggregators move produce quickly and efficiently, encouraging investment in industrial and logistics infrastructure, promoting export trade, and supporting outbound movement of raw materials and agro-commodities via coastal ports.

With proper dredging of the River Niger, Onitsha River Port could transform into a year-round, multimodal commercial hub, impacting several sectors and driving economic growth.

Mbonu emphasized that the infrastructure is in place, the demand is evident, and the benefits are far-reaching; what is required now is government consistency and strategic investment to make inland waterway transport a pillar of Nigeria’s economic growth.



Get More of our proprietary news and analysis as MoneyCentral is now on WhatsApp Channels 🚀 Follow the MoneyCentral Nigeria channel on WhatsApp: Click here!

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

spot_img

Latest article