Nigeria to develop a seaport in Ondo State

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Posted July 11, 2019

The government of Nigeria has announced plans to construct a seaport in Ondo State. This is after Ondo State Governor, Rotimi Akeredolu signed a Memorandum of Understanding, (MoU), with the private office of a member of the Dubai’s ruling family, His Highness Sheikh Dalmook Al Maktoum, for sea ports and infrastructural development in the state.

“The government has sought out collaboration of the United Arab Emirates’ Dubai in developing Ondo State and widening its investment horizon,” said the Governor.

Also Read:Nigeria to construct a US $99.7m dry port in Ibadan

Ondo sea port

The seaport is projected to be situated in the coastal part of the State. According to the signed deal, both the State and Federal government have agreed to actualize the mega project.

Governor, Rotimi added that the Akeredolu’s administration has already completed a feasibility study on the proposed Deep Sea Port in Ilaje local government area of the state which has been forwarded to the Nigeria Port Authority (NPA).

Upon completion the port will be a big boost to both the state and the country. It will paveway for the Apapa seaport in Lagos to be capacious and free from the unwanted gridlock that has circumvented it which is deterring people’s movements in the arena.

“We are committed to this because we are already under pressure to find a lasting solution to the embarrassing gridlock in Apapa, Lagos which has deteriorated following the perennial poor port access roads,” said Governor, Rotimi.

Other areas of interest covered by the MoU include: exploring the potential to develop Oil Blocks and Strategic Storage Terminals, developing cashless solutions for internally generated revenues (IGR) on direct assessment

Source: constructionreviewonline.com