Business$1bn Ondo Deep Seaport Gets Boost

$1bn Ondo Deep Seaport Gets Boost

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The Nigerian Ports Authority, NPA, has assured that the $1 billion Ondo multipurpose deep seaport project would get all necessary approval for its implementation.

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According to the News Agency of Nigeria, NAN, Bello-Koko gave this assurance when he received the Ondo State coordinator for special projects, Boye Oyewumi, in his office in Lagos.

During the meeting, Oyewumi submitted the ‘Full Business Case’ for the port to the NPC boss.

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Bello-Koko assured his guest that the NPA would work with the federal Ministry of Transportation and other relevant agencies to obtain approvals to enable the port to begin operations.

The NPA chief executive said, “The NPA has consistently restated its readiness to provide requisite technical guidance for the establishment of new ports in line with global best practices.

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“In keeping with NPA’s commitment to creating an enabling atmosphere for the construction of more deep seaports, the Ondo state project will come to fruition.”

 

 


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