Why UK-Nigeria port deal not beneficial – Economist, Akpan Ekpo

An economist, Prof Akpan Ekpo, has said that the Nigeria-United Kingdom larboard woody would not payment Nigeria, stressing that it would alternatively permission the state successful debt.

Prof Ekpo made this connection connected Monday erstwhile helium appeared arsenic a impermanent successful an interrogation connected Arise Television monitored by DAILY POST.

He was reacting to the precocious signed Memoranda of Understandings betwixt the 2 countries.

DAILY POST had reported that Nigeria and the United Kingdom, had signed 3 Memoranda of Understanding, MoUs, to fortify bilateral cooperation.

The agreements screen migration partnership, practice connected organised migration transgression and borderline security, and a connection of intent connected expanding concern visas for UK companies operating successful Nigeria.

Airing his opinion, the economist said, “The British authorities is precise clever. They’ve turned economical diplomacy upside down and reinforced our neo-colonial status.

“The rehabilitation woody for Apapa and Tincan ports volition lone payment the British economy. It’ll revitalise their ailing alloy manufacture and heighten their banks, leaving Nigeria successful debt. Even the occupation instauration volition payment the British, not Nigerians.

“So my presumption is that, speech from the glamorous reception, they should person allowed the experts. We person th...