News Beyond Boundaries

$2.5bn A/Ibom Seaport to Take Off in April 2019

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By Ajogwu Jerry
The $2.5 billion Ibom Deep Seaport, a public-private partnership project, is expected to take off on or before April 2019.
The development was made public by Ms Imeh Okon, the senior special assistant to the president on infrastructure, at the High-Level Stakeholders Retreat on Public-Private Partnership in Uyo, Akwa Ibom state, on Friday, January 11, 2018.
According to Okon, the project would change the landscape of infrastructure in Nigeria.
She said: “It will have solutions to traffic congestion in Lagos port because those goods that normally go to Lagos will come here.
“I can assure you before April, the contract for Ibom Deep Seaport will be signed and the approved consortium will start immediately.”
Okon said in the last three years, the country has spent N2.7 trillion on infrastructure development.
She further disclosed that N100 billion had been injected into rail projects.
She said: “What we have done as a government is to go back to the 25-year master plan on the rail sector. All that you are seeing right now is in terms of rail infrastructure as a result of the master plan that was on the ground.”
Okon stressed that the federal government was committed to the nation’s infrastructural development, which she said would enhance growth.

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