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SARAKI: Onitsha Port Will Generate Over N23 billion In 30 years

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SARAKI: Onitsha Port Will Generate Over N23 billion In 30 years—The Minister of State for Transportation, Sen. Gbemisola Saraki,  says the Onitsha river port is positioned to generate over N23billion to the Federal Government in 30 years.

Saraki, during the signing of the concession of the port on Thursday in Abuja, said the port had  lots of economic benefits to the country.
According to her, the port will among other things, ensure the 60 per cent shiped cargoes which hitherto goes through Onne port to Onitsha to be transported directly.
”So there is a lot of economic growth, there  is going to be creation of wealth, creation of jobs, security and greater development.
”We hope it is a catalyst for other river ports, so that it will decongest other ports and bring about  growth.
”You know the traffic on our road, the state of our roads as well as the tankers,  and freight being moved on our roads have now reduced.
”And so it is a very good thing and we are exceptionally proud that at long last we have actually achieved this.
”It’s being signed and we look forward to the growth there to materialise,”Saraki said.
According to the minister, the Baro, Lokoja and Oguta ports, which are at different stages of completion, will be considered after the onitsha port.
”The most important thing is that we already have interest from potential investors who want to actually take over this.”
The Managing Director, the National Inland Waterways Authority, (NIWA) Dr George Moghalu, said the Onitsha port would reduce the volume of cargoes transported via roads to the South East.
Moghalu said:”Our roads are not designed to carry the kind of weight they are carrying.
”Over 60 per cent  of the containers that arrive Nigeria through Onne, Tin Can or Apapa port ends up in Onitsha and what it translates is that these containers are moved by trailers.
”Onitsha port is very well positioned to play a key role in addressing this if opportunities are provided.”
He commended the concessioneers in the efforts they were already making in bringing in investors into the country.
Moghalu also expressed hope that the concessioing would open up opportunities for other ports in the country to be given due considerations.
Meanwhile, the Acting Director-General, Infrastructure Concesion Regulatory Commission,(ICRC) Mr Michael Ohiani, reiterated that the 30 years concession would generate over N23 billion to the government.
He said:”After rigorous procurement process, Universal Elysium Consortium emerged as the preferred concessionaire for the concession of Onitsha River Port.
”Over the 30-year concession period, the concessionaire will be responsible for all the activities and maintenance of the port.
”The asset along with the entire infrastructure will be returned to the authorities at the end of the concession period.
”The redevelopment of Onitsha River Port is seen as a boost to commercial activities in the South East.
”Importers and traders from the commercial towns of Onitsha, Nnewi, Aba and Ogbete-Enugu see the relaunch as a welcome development from the Federal Government.
”The port will serve as an alternative mode of transporting goods from Lagos and Port Harcourt by road

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BREAKING: After 23 Years Cristiano Ronaldo Announces Retirement From International Football

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BREAKING: After 23 Years Cristiano Ronaldo Announces Retirement From International Football—-The Portugal captain brings an extraordinary international career to an end after announcing he will hand over the iconic No. 7 shirt following the November international break, leaving behind 234 appearances and a record 146 goals.

Football legend Cristiano Ronaldo has officially announced his retirement from international football, bringing the curtain down on an illustrious 23-year career with the Portugal national team.

The 41-year-old forward confirmed his decision on Thursday, November 5, 2026, through an emotional video message shared on his social media platforms, revealing that he will hand over Portugal’s iconic No. 7 shirt after the November international break.

Ronaldo’s announcement marks the end of one of the most remarkable international careers in football history, having represented his country since making his senior debut in August 2003.

In his farewell message, the five-time Ballon d’Or winner reflected on the privilege of representing Portugal for more than two decades.

“The day has come to hand back the number 7 shirt of our national team,” Ronaldo said, acknowledging the responsibility and pride that came with wearing the famous jersey for 23 years.

Ronaldo Retires as International Football’s Greatest Goalscorer

Ronaldo leaves international football holding the records for the most appearances and goals in men’s international history.

The Al-Nassr forward made 234 appearances for Portugal, scoring an extraordinary 146 goals during his 23-year international journey.

His remarkable numbers place him at the summit of international football, having consistently delivered goals and memorable performances across multiple generations of the Portuguese national team.

He also represented Portugal at six FIFA World Cups and became the first player to score at five different editions of the competition.

Euro 2016 Triumph Remains His Greatest International Achievement

One of the defining moments of Ronaldo’s international career came in 2016 when he captained Portugal to their first-ever European Championship title.

Despite being forced off through injury during the final against France, Ronaldo remained involved from the sidelines as Portugal secured a historic 1–0 victory after extra time through Éder’s memorable goal.

He subsequently guided Portugal to UEFA Nations League glory in 2019 and again in 2025, adding two more major international honours to his collection.

Those achievements cemented his legacy as one of the most influential figures in Portuguese football history.

A Difficult Final Chapter for the Portugal Captain

Ronaldo’s announcement comes after a turbulent period surrounding his relationship with Portugal head coach Jorge Jesus.

The forward’s final chapter with the national team had attracted considerable attention following reports of disagreements during the previous international window.

However, his decision to retire brings an end to a career that has been defined by extraordinary achievements, individual records and an enduring commitment to representing his country.

Ronaldo’s Club Career Continues at Al-Nassr

Although his international journey is coming to an end, Ronaldo has not announced his retirement from professional football.

The Portuguese superstar remains contracted to Saudi Arabian club Al-Nassr, where he continues to pursue further goals and trophies at club level.

His international retirement will allow Portugal to begin preparing for life without their long-serving captain, while the responsibility of wearing the iconic No. 7 shirt will eventually pass to another generation.

End of an Extraordinary Era

For more than two decades, Ronaldo carried the hopes of an entire nation, delivering unforgettable goals, historic victories and moments that helped transform Portugal into a major force in international football.

From his emotional debut in 2003 to lifting the European Championship trophy in 2016, his journey with the national team has been filled with remarkable milestones.

Now, at 41, one of football’s greatest careers at international level is reaching its conclusion.

Cristiano Ronaldo’s Portugal legacy:

  • International appearances: 234
  • International goals: 146
  • Major trophies: Euro 2016, UEFA Nations League 2019 and 2025
  • International career: 2003–2026
  • World Cups: Six appearances

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