The Tin Can 11 container terminal also called the Lilypond Terminal will soon be advertised for public bidding after it was concessioned in 2006 to AP Moller Terminals.
The concession plan is between the Nigerian Ports Authority (NPA) and APMT, ended in 2016.
According to the NPA, the terminal would soon be open for fresh bidding once the Public-Private Partnership department of the agency finishes the paperwork.
“The PPP department is working on the modalities for placing adverts for new bids. Whoever is successful in the bid will be given a concession of the terminal. The terminal is originally designated as an agricultural export terminal,” the Assistant Manager, Corporate and Strategic Communications (NPA) Ibrahim Nasiru told Punch.
In addition, APMT confirmed that the terminal concession to APMT expired in 2016.