Help Desk -
9958816305, 9810335381

Nigerian President Mr Buhari Approves Cross River’s Bakassi Deep Seaport Project

Infra News - Published on Fri, 11 Oct 2019

Image Source: PUlse NG
President Mr Muhammadu Buhari gave the clearest indication of his support for the Bakassi Deep Seaport Project of the Cross River State Government with the issuance of Outline Business Case certificate for the project by the Federal Government. The certificate was presented on behalf of the Federal Government by the Minister for Transportation, Rotimi Amaechi to the Cross River State Governor Ben Ayade at the ministry’s Abuja office.

Mr Amaechi said that with the OBC, the state would move on to the next step of action. He said that what they (Cross River) have got right now is the OBC. We will take the next move to verify all the necessary instruments that we need and then proceed back to the Infrastructure Concession and Regulatory Commission for the FBC before we go to the cabinet for approval. But the most important thing is that we are speeding it up so as to enable those states who want to invest in seaports and others to go ahead and do so.

On whether the Federal Government was partnering Cross River State in the deep seaport, Mr Amaechi said that we will get to that. We will sit down with the Cross River State Government and their major partners and see how much NPA would want to invest. We will contact NPA and see what it can do. He said that the certificate would enable the state move on to the next level of implementation of the seaport.

Source :

Posted By : Sanju Moirangthem on Fri, 11 Oct 2019
Related News from Infra segment