FG to invest $1.6 billion for sea-port construction

The Federal Government has set aside the sum of $1.6 billion for the development of two seaports in the South- South region to help decongest the Lagos Ports.

Minister of Transportation, Rotimi Amaechi disclosed that the sum of $800 million each was devoted to the two seaports earmarked for construction. He also stated that the ports will be constructed in the Pessu area of Delta State, and Bonny area of Rivers State respectively. 

This disclosure was made at an empowerment program targeted at empowering 1,700 women and youths in Uvwie Local Government Area of Delta State. Amaechi made this statement in the company of Minister of State for Labour and Employment, Festus Keyamo. 

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.”

One of the most important equipment to be used in the project is the laser ablation machine for drilling and construction aspects of the project.

 Amaechi advised the youths to allow the project run smoothly, noting that the seaports were a huge investment. 

 When you stop them from working, you are losing such a huge investment where the entire community can be contractors; some can supply sand,” he said.