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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: Lionel Messi Magic Leads Argentina to 2026 World Cup Final After 2-1 Comeback Win Over England

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BREAKING: Lionel Messi Magic Leads Argentina to 2026 World Cup Final After 2-1 Comeback Win Over England—-Late goals from Enzo Fernández and Lautaro Martínez, both created by Lionel Messi, completed a dramatic comeback as Argentina stunned England to book a World Cup final showdown with Spain.

Argentina are through to a second consecutive FIFA World Cup final after producing a remarkable late comeback to defeat England 2-1 in a pulsating semi-final at Atlanta’s Mercedes-Benz Stadium on Wednesday.

The defending champions looked destined for elimination after Anthony Gordon fired England into the lead early in the second half, but Lionel Messi inspired another unforgettable turnaround, providing assists for Enzo Fernández and substitute Lautaro Martínez as Argentina struck twice in the closing minutes to set up a blockbuster final against Spain.

England enjoyed the brighter start and frustrated Argentina with an aggressive pressing game that denied Messi and his teammates space in dangerous areas. Jordan Pickford was rarely troubled during the opening 45 minutes, while Jude Bellingham and Declan Rice controlled midfield for long spells as Thomas Tuchel’s side carried confidence into the interval.

The breakthrough arrived in the 55th minute when Declan Rice started a flowing move that released Morgan Rogers down the right. Rogers delivered a precise pass into the path of Anthony Gordon, who calmly slotted beyond Emiliano Martínez to send England supporters into celebration and move the Three Lions within touching distance of their first World Cup final since 1966.

Rather than push for a second goal, England gradually retreated deeper into their own half, inviting sustained pressure from the South Americans. Argentina dominated possession during the closing stages, with Messi orchestrating wave after wave of attacks as Lionel Scaloni’s men searched desperately for an equaliser.

Their persistence was rewarded five minutes from time. Messi slipped a perfectly weighted pass into the path of Enzo Fernández, who kept his composure to fire past Pickford and level the contest in the 85th minute, sparking wild celebrations among the thousands of Argentina fans inside the stadium.

With extra time looming, Argentina delivered the knockout blow in stoppage time. Messi reacted quickest after a loose ball in the area before producing a brilliant cross into the six-yard box, where substitute Lautaro Martínez arrived to steer home the winner and complete a stunning late comeback. The dramatic goal sealed a 2-1 victory and sent the reigning champions back to the World Cup final.

The result was another defining moment in the storied rivalry between Argentina and England and ensured Messi, playing in what is expected to be his final FIFA World Cup, will have one last opportunity to lift football’s biggest prize. The 39-year-old did not score, but his two decisive assists underlined his enduring influence on the international stage.

Argentina will now face Spain in Sunday’s World Cup final in East Rutherford, New Jersey. The defending champions are chasing a fourth world title and back-to-back World Cup triumphs, while Spain will be aiming to win their second crown after ending France’s hopes of reaching a third successive final.

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BREAKING: Spain End France’s Dream of Three Straight World Cup Finals as Lamine Yamal Leads La Roja into 2026 World Cup Final

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BREAKING: Spain End France’s Dream of Three Straight World Cup Finals as Lamine Yamal Leads La Roja into 2026 World Cup Final—-Spain produced another masterclass to defeat France 2-0, with Lamine Yamal playing a pivotal role as La Roja booked their first World Cup final since 2010 and denied Les Bleus a third consecutive appearance in football’s biggest showpiece.

Spain ended France’s bid to reach a third successive FIFA World Cup final after securing a deserved 2-0 victory in Tuesday’s semi-final at Dallas Stadium in Arlington, Texas.

La Roja delivered another composed and dominant display, extending their remarkable unbeaten run in regular time to 37 matches while booking a place in Sunday’s World Cup final, where they will face either England or Argentina. France, finalists in both 2018 and 2022, saw their hopes of another title challenge come to a disappointing end.

Teenage sensation Lamine Yamal once again proved to be the catalyst for Spain’s success. The Barcelona winger repeatedly tormented the French defence with his pace and dribbling and won the penalty that led to the opening goal in the 22nd minute. After dancing past his marker inside the penalty area, Yamal was brought down, allowing captain Mikel Oyarzabal to calmly convert from the spot and hand Spain a deserved lead.

France attempted to respond through tournament top scorer Kylian Mbappé, but Didier Deschamps’ side struggled to impose themselves against Spain’s disciplined midfield and relentless pressing. The return of Aurélien Tchouaméni added steel in midfield, yet Spain continued to dominate possession and limit Les Bleus to few clear-cut opportunities.

Spain doubled their advantage in the 58th minute through Pedro Porro. Dani Olmo initiated a swift attacking move before releasing Porro, who surged into the area and finished clinically beyond Mike Maignan to put Luis de la Fuente’s side firmly in control. Yamal thought he had added a third moments later, only for his effort to be ruled out for offside after a VAR review.

Despite introducing fresh attacking options in the closing stages, France failed to find a way past goalkeeper Unai Simón, who recorded his sixth clean sheet of the tournament. Spain’s organised defence successfully contained Mbappé and company throughout the contest, preserving another impressive shutout on the road to the final.

The victory also continued Spain’s recent dominance over France, having now defeated Les Bleus in three consecutive major tournament meetings following successes at UEFA Euro 2024 and the 2025 UEFA Nations League. Luis de la Fuente’s side have blended youthful brilliance with tactical discipline throughout the tournament and now stand one win away from lifting a second FIFA World Cup trophy.

For France, the defeat ends an impressive run that had seen them reach the last two World Cup finals. While Deschamps’ men arrived in the semi-finals with the tournament’s leading scorer in Mbappé and ambitions of making history, they were ultimately outplayed by a Spain side inspired by the fearless performances of Yamal and an outstanding collective display.

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