Bakassi seaport to decongest Lagos ports, cut cost of goods - Shettima

Vice-President Kashim Shettima has said the projected $3.5 cardinal Bakassi Deep Seaport successful Cross River State volition easiness congestion astatine Lagos ports, trim the outgo of moving goods and grow Nigeria's entree to planetary markets.

Shettima spoke connected Friday portion representing President Bola Tinubu astatine the groundbreaking ceremonial of the task successful Ikang, Bakassi Local Government Area of Cross River State.

He described the projected seaport arsenic a strategical nationalist concern that would found an eastbound maritime economical corridor, connecting the South-South, South-East, Middle Belt and North-East to determination and planetary markets.

The Vice-President said the attraction of much than 80 per cent of Nigeria's overseas commercialized done Lagos had placed sizeable unit connected the country's maritime infrastructure, contributing to shipping delays and accrued costs of goods.

He stressed that the Bakassi larboard was not designed to vie with Lagos but to complement existing facilities and administer maritime activities much evenly crossed the country.

“Lagos is not our enemy. Lagos is our elder member successful trade. No state eats with 1 hand; nary state carries each its loads connected 1 shoulder. That enarthrosis volition interruption erstwhile implicit 80 ...