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FG Grants Approval For $2.9bn Escravos Seaport
The Federal Government has granted approval for the establishment of the Escravos Seaport Industrial Complex (ESIC), to Mercury Marine Concession Company (MMCC).
The proposed $2.9billion project is majorly designed to boost economic/national development of Nigeria, particularly, Delta State.
The Chairman and Chief Executive of the firm, Rear-Admiral Andrew Okoji, who confirmed the approval, said the Federal Ministry of Transport has directed the firm to pay N1billion, apparently to express its interest.
He said, “It is going to be a lease for about 50 years, the investment for the port is coming from abroad.
“We have gotten provisional approval from the Federal Government through the Federal Ministry of Transportation, as they have told us to lodge in $1billion as evidence of capacity to fund the construction of the port, and to lodge in your money; there are certain protocols that must be met. We are currently carrying out these protocols.
“The Nigerian Ports Authority (NPA) is going to be part of the project. I think they are getting some percentage as regards to the equity. I think about per cent, just for monitoring purposes.
“I will tell you, you have been talking about Lekki Deep Seaport for the past 20 years, but I am telling you that within the next five years we will complete the construction of the port.’’
A transport consultant, Prof Charles Asenime, said that the proposed $2.9billion seaport project which includes a deep seaport, free trade zone, crude oil refinery, and gas complex, would boost economic development.
Other components of the project include industrial layouts, an independent power plant, a nature conservation park, an international airport, and the development of prime infrastructure, new towns, and cities.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
