NewsTransportationFEC Okays Development of $2.59bn Badagry Deep Port
The federal executive council (FEC) has approved $2.59 billion for the development of Badagry Seaport under a Private-Public-Partnership (PPP) arrangement. The minister of transportation, Mu’azu Sambo, gave the update at the FEC meeting on Wednesday. According to him, the port would be operated for 45 years by the developers, after which Nigerians would take over. Sambo said during the PPP lifespan, the project would provide about 200,000 jobs while generating a revenue of $56 billion....










