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Top 6 Deep Seaports In Nigeria Worth $13 Billion by tessycheers: 5:06pm On Jan 17
Seaports are ports located close to the sea where sea vessels, mainly ships bring in goods from other countries into Nigeria and export Nigerian goods to other countries too. Nigerian sea ports are managed by the Nigerian Ports Authority (NPA). They serves as the essential spots with facilities where ships can dock and transfer people or cargo to or from land.

Nigerian Seaports are mainly located in Southern Nigeria due to the presence of the Atlantic Ocean which serves as the medium where goods are mainly transported to and from Nigeria.

Top 6 Deep Seaports being built in Nigeria Worth $13 Billion

1. Lekki Deep Seaport.
Cost: $2 Billion.
Project Location: Lagos State
Project status: Ongoing
Additional works: Lekki free zone.
Promoters: Chinese Consortium 52.5%, Tolaram Group 22.5%, Lagos State Govt 20%, Nigeria Port Authority 5%.
Main Products: General Goods

2. Ibom Deep Seaport.
Cost: $4.6 Billion
Project Location: Akwa Ibom State.
Project Status: Ongoing
Additional work: 55km Ibaka highway.
Promoters: Akwa Ibom State.
Funding: Bollore Powerchina Consortium 60%, Akwa Ibom State 40%.
Main products: General Goods
Contractor: Bollore Powerchina Consortium.

3. Bonny Deep Seaport
Cost: $461 million
Project Location: Oloma, River State
Project Status: Ongoing
Additional work: Rail line to connect Eastern Railway and Ubima Industrial Park.
Promoters: CCECC
Funding: Fully funded by Concessionaire CCECC
Main products: General goods.
Contractor: CCECC

4. Bakassi Deep Seaport
Cost: $2 Billion
Project Location: Cross River State.
Project Status: Ongoing
Additional work: 274km Highway from seaport to Gaikem, Benue State border.
Promoters: Cross River State.
Funding: Cross River State, Terradyn Corporation, USA, Etc.
Main products: Solid minerals, Agri produce, General goods.
Contractor: China Harbour

5. Warri Deep Seaport
Cost: $3.9 Billion
Project Location: Warri, Delta State.
Project Status: Ongoing
Additional work: Rail line from Warri to the seaport and Rail line from Itakpe to Abuja.
Promoters: Nigerian Port Authority, CRCCI, Ministry of Transport.
Funding: Federal Govt 15%, CRCCI 10%, China Exim Bank 75%
Main products: Solid Minerals, Agric produce, General Goods
Contractor: CRCCI

6. Escravos Deep Seaport
Cost: $2.9 Billion.
Project Location: Delta State
Project Status: Ongoing
Additional work: Oil and Gas free trade zone, industrial Complex, an independent power plant, a nature conservation park, an international airport.
Promoters: Federal Govt, Delta State, MMCC.
Funding: Swiss Canal Authority of Egypt
Main products: Oil and Gas, General Goods.
Constructor: Mercury Maritime Concession Company (MMCC)

Full video:
Top 6 Deep Seaports Being Constructed in Nigeria Worth $13 Billion

https://www.youtube.com/watch?v=1y6Ajif2lmg

#deepseaport #tessycheers #abiadeepseaport

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