LAGOS STATE GOVT. RECEIVED APPROVAL TO BUILD US$2.5B BADAGRY DEEP SEAPORT

LAGOS STATE GOVT. RECEIVED APPROVAL TO BUILD US$2.5B BADAGRY DEEP SEAPORT

Lagos State Governor, Babajide Sanwo-Olu, has received approval to build the US$2.5 billion Badagry Deep Seaport, which was earlier approved by the Federal Executive Council, FEC, last August. The approval provides the legal basis for the concession of the Badagry Deep Seaport, following the issuance of the full business case certificate by the Infrastructure Concession Regulatory Commission, ICRC, last April. The project, which will be funded through Public Private Partnership (PPP), will be built on…

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