The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has said the Badagry Deep Seaport project in Lagos is strategic to the development of the country as a global maritime hub.
Jamoh spoke in Lagos when he paid a courtesy visit to the Akran of Badagry, De-Wheno Aholu Menu Toyi 1.
He said the visit was meant to honour the traditional ruler and his kingdom for allocating land to NIMASA to establish its presence in the community, as Nigeria’s maritime regulatory authority before the take-off of the deep seaport project.
“Nigeria is strategically located at a significant point in the Atlantic Ocean, with about 853 kilometres coastline, which gives us a geographic advantage to become a maritime hub for not only the West and Central African region, but also the entire maritime trading world.
“And with over 70 per cent of cargo bound for West and Central Africa destined for Nigeria, we also have a huge commercial advantage.
“The Badagry Deep Seaport, planned to be Africa’s biggest and most advanced seaport when it becomes operational, will help to maximise this extraordinary maritime potential. This is more so given the strategic place of Badagry in the region,” he said.
Jamoh, who thanked the monarch for his hospitality and the land allocated to NIMASA, promised that the land would be judiciously utilised, and that he would work with the traditional ruler and the kingdom to see to the implementation of the deep seaport project.
Earlier, Jamoh, who was received at the palace by the Akran and his council of chiefs, was presented with the Badagry Pilgrimage Award, a special recognition accorded dignitaries for visiting the town.
Commenting on the deep seaport project, the Alipoto of Badagry Kingdom, Chief Gbenga Fayemi, said it was important for Badagry and the country, stressing that the project was suitably located between the lagoon and the ocean.
The Badagry Deep Seaport project is being executed through a public-private partnership overseen by the Federal Ministry of Transportation, Federal Ministry of Trade and Investments and Lagos State Government, as well as a private consortium of APM Terminals, Orlean Invest, Oando, Terminal Investment Limited (TIL) and Macquarie.
The deep seaport is located in the Gberefun area of Badagry, along the Lagos-Badagry Expressway, about 55 kilometres (34 miles) west of the Apapa and Tin Can Island Port complexes.
The port is proposed to be about four kilometres of quay and approximately 620 hectares of dedicated port facilities. It will also include facilities for handling containers, dry bulk, liquid bulk, roll-on-roll-off, and general cargo, as well as oil and gas operations support.
The port will have about 480 hectares of Industrial and Logistic Oil prices down over adjourned OPEC+ meeting Park Zone.