US$3 billion spent on dredging the Calabar, Bonny and Lagos channels

On a motion by Senator Ovie Omo-Agege (APC, Delta Central), co-sponsored by Senators Ahmed Ogembe, Samuel Anyanwu, Benjamin Uwajumogu, Abdullahi Gumel and others, the Senate began a probe of over US$3 billion spent since 2005 by the Nigerian Ports Authority on dredging the Lagos, Bonny and Calabar channels without appreciable results, accused the NPA of colluding with its joint venture partners, Lagos Channel Management Limited, Bonny Channel Company Limited and Calabar Channel Management Company Limited, and directed its Committee on Marine Transport to examine their records and report in one week.