Economy

FG Approves $1.6bn For New PH, Warri Ports

The Federal Government has approved the sum of $1.6bn for new Seaport construction in Portacourt and Warri.

Ekohotblog gathered that the two new seaports is part of the Federal Government’s efforts to decongest the Lagos ports.

According to the Minister of Transportation, Rotimi Amaechi, two ports would be built in the Pessu area of Warri, Delta State, and Bonny in Rivers State, adding that each of the port.

Rotimi Amaechi stated this in the Uvwie Local Government Area of Delta State when he went in company with the Minister of State for Labour and Employment, Mr Festus Keyamo, SAN, to empower 1,700 women and youths with starter packs, micro-enterprise enhancement loan and resettlement package under the National Directorate of Employments empowerment programme.

‘’The Federal Government is set to build a new seaport  in Pessu and a similar one in Bonny in the Bonny Local Government Area of Rivers State. The seaport (project) will gulp $800m each.”

He also spoke on the implications of disrupting the smooth execution of the project, warning the youths, “When you stop them from working, you are losing such a huge investment where the entire community can be contractors; some can supply sand.”

Amaechi also said, “The best thing to do is to allow the development. Imagine the companies that have left Warri; let the seaport project go on smoothly.”

Zaccheus Ukhueleigbe

Zackius Adeleke is a content provider, journalist, digital media strategist, inspired by the opportunity to learn new things.

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Zaccheus Ukhueleigbe

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