ENL Consortium Ltd. was founded in Nigeria in 2002 primarily to bring together expertise in utility management as detailed above. The consortiums chairman, Prince C. A. Haastrup had a vision and purpose to expand the activities of ENL to actively embrace the privatization initiatives of the Government of the Federal Republic of Nigeria. To this end he engaged the management team of ENL to pursue the proposed privatization of the Ports Sector, having already successfully been awarded contracts in the Electricity sector.
The process of preparing the Expression of Interests bids as well as the technical and financial proposals took about 18-months and at the public opening of the financial bids, ENL was awarded the concessions for Apapa Terminals C and D. The Consortium out bided its nearest opponent 5 times over. This not only demonstrates that due process was finally emerging in the Nigerian context but also the confidence that the ENL management team had in the potential of the business of running a privately managed ports concession.
The Nigerian Government’s decision to privatize the port operations in Nigeria was made in order for it to provide an efficient and cost effective service to the shipping industry, government support service to the shipping industry, and ultimately for the economy of the country, in other words every Nigerian citizen.
Economies in every country are governed partly by its ability to import and export products through its ports in a timely and cost effective manner.
It is now ENL CONSORTIUM Terminal Operations’ goal to provide this service to the people of Nigeria.