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2025-12-17 08:52:05 - Translate -

The Federal Executive Council has approved two deep seaport projects under public-private partnership frameworks, committing more than ₦6.43 trillion in private capital as the government moves to expand Nigeria’s maritime infrastructure and reposition its port economy.

#FederalExecutiveCouncil #NigeriaPPP #BakassiDeepSeaport #OndoDeepSeaport #KatsinaAlaHydropower #ICRC #privateinvestment #FECapproval #infrastructureprojects #Shipping

The Federal Executive Council has approved two deep seaport projects under public-private partnership frameworks, committing more than ₦6.43 trillion in private capital as the government moves to expand Nigeria’s maritime infrastructure and reposition its port economy. #FederalExecutiveCouncil #NigeriaPPP #BakassiDeepSeaport #OndoDeepSeaport #KatsinaAlaHydropower #ICRC #privateinvestment #FECapproval #infrastructureprojects #Shipping

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FG approves ₦6.43 trillion PPP to expand Nigeria’s port infrastructure

The approvals cover the Bakassi Deep Seaport and the Port of Ondo Deep Seaport, both under the Federal Ministry of Marine and Blue Economy.

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