President Tinubu has inaugurated the construction of the Bakassi Deep Seaport.
President Bola Tinubu flagged off the construction of the Bakassi Deep Seaport in Cross River on Friday. The project is linked to a 260-kilometre superhighway designed to move cargo across the country. The port will feature a 20-metre-draft facility to accommodate large vessels.
- Tinubu noted that over 80 percent of Nigeria’s foreign trade passes through Lagos.
- Nigeria handled only 25 percent of the region’s cargo traffic.
- The President stated the port would create jobs, stimulate industrialization, and open new commercial corridors.
Outlets: BusinessDay (Nigeria), Channels TV, Daily Trust, Peoples Gazette, Punch
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