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West Africa´s no.1 industrialization and logistics triangle

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West Africa´s no.1 industrialization and logistics triangle

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Badagry is projected to become West Africa´s largest deepsea port. The Lagos Port – Agbara Estate – Badagry Port axis will regain its original importance as it captures a significant regional catchment area for multi-sector industrialization and logistics.

The Lagos State Government says work on the planned Badagry Deep Seaport and Free Zone Project will commence in June 2022.

The State Governor, Babajide Sanwo-Olu, said this in Badagry, during the Stakeholders’ Meeting on Badagry Deep Seaport.

Mr Sanwo-Olu said the government was in the process of getting ratification from the Federal Government, which would hopefully, be received by the end of April.

”By June, we must activate something for the port. We want to deliberately push development to Badagry.

”The Badagry Deep Seaport Project is not just one project; it is a multi-level opportunity for progress for all the people of this state in view of the volume of trade and quantum of investment opportunities that would spring up in the area when the project commences, and when it is completed and operational.

”Very importantly, employment and capacity building for the teeming youth and women in the affected communities will be prioritised.

”When fully operational, it will not only boost the fortunes of the people of Badagry, but, also transform the entire economy of our state and that of the entire West African sub-region,” he said.

He said that with the new deep seaport, the state would experience significant relief from the difficult challenges being experienced in the Apapa axis, due to the activities at the Tin-Can port, which had been overstretched beyond its installed capacity.

Mr Sanwo-Olu said the stakeholders’ meeting would enable stakeholders reason together and forge a common course of action toward making the dream of Badagry Deep Seaport, a reality in the most feasible time possible.

”It is equally important to ensure that investors’ confidence is secured at the commencement of the project, hence, our gathering to discuss salient issues bordering on community-relations and improving business environment for the Management of Badagry Port Development Ltd.

 

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