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FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport (15670 Views)

In 2021, World Bank Wrote To Appreciate Yahaya Bello On Return Of $4.6 Million / Nigeria Approves $2 Billion Bakassi Deep Seaport / Akwa Ibom: Government To Resuscitate Abandoned N5.8 Billion Ibom Science Park (2) (3) (4)

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Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by efighter: 10:40pm On Dec 20, 2020
I thought Goatluck Jonaddaft has paid fully for it
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Miracle2020: 10:46pm On Dec 20, 2020
God bless Buhari
God bless Nigeria
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by rollingrocks: 1:39am On Dec 21, 2020
Story Story, all this na Wash, 2023 nothing will still happen on ground. Mark my words. Not with this Udom guy. E get why
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Blue3k(m): 2:43am On Dec 21, 2020
rollingrocks:
Story Story, all this na Wash, 2023 nothing will still happen on ground. Mark my words. Not with this Udom guy. E get why
The Port is a Federal Government project driven by the Nigerian Port Authority & Federal Ministry of Transport, Akwa-Ibom state, with Global Maritime & Port Services PTE Limited as the transaction driver.

Why do you guys talk like this project isnt also being overseen by the federal government? Do you also feel like blaming Buhari today?

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Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by rollingrocks: 3:06am On Dec 21, 2020
Blue3k:



Why do you guys talk like this project isnt also being overseen by the federal government? Do you also feel like blaming Buhari today?

I am not usually excited especially when it involves the FG until I see it with my eyes happening. At the state level, was the Super Highway not approved How far? I am particularly not impressed with Udom, and how he is managing the state. I was so disappointed when I visited. So disappointed!!! Everywhere is so disorganised.
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Blue3k(m): 3:44am On Dec 21, 2020
rollingrocks:


I am not usually excited especially when it involves the FG until I see it with my eyes happening. At the state level, was the Super Highway not approved How far? I am particularly not impressed with Udom, and how he is managing the state. I was so disappointed when I visited. So disappointed!!! Everywhere is so disorganised.

Yeah I agree the state moves like a tortoise. The super highway could have been completed but they intentionally decided to delay it because they didnt get approval sooner. The delay in construction for the seaport was the FG not approving the work until now. That's an excuse I can charitably give them. If the cash is available why would the goverments involved delay construction until 2023.

‘The Ibom Super Highway project did not stop in 2018. The funding of the project stopped in 2019. It was when we observed the reluctance of the Federal Government to give us the necessary approval for Ibom Deep Seaport we decided to slow down.

“The state government believed it was more critical for us to persuade the Federal Government and get approval for the construction of the deep seaport first. This is because if we don’t build the deep seaport the 55.1kilometer Super Highway is not economically viable to sustain.

Commissioner for Works Mr. Ephraim Inyangeyen

https://m.guardian.ng/news/crisis-looms-in-akwa-ibom-over-abandoned-road-project-government-appeals-for-calm/

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Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by rollingrocks: 6:40am On Dec 21, 2020
Blue3k:


Yeah I agree the state moves like a tortoise. The super highway could have been completed but they intentionally decided to delay it because they didnt get approval sooner. The delay in construction for the seaport was the FG not approving the work until now. That's an excuse I can charitably give them. If the cash is available why would the goverments involved delay construction until 2023.






We all knew that the approval was coming, federal minister of transport was always saying it. Without that super highway, no construction at the seaport can happen, all the building materials will go through there. Don't give excuses for them. If the money available is not enough for 12 lanes, they can start with four lanes and expand later. These guys don't think things through. Eg. Udom is doing third ring road, no section has been completed, the question I ask is is why didn't they do it in sections, akar oad- to oron Road first for example, for people to derive some benefits rather than messing the whole stretch up and it will not still be completed in 2023 at the pace they are going.

Brother, Thank you for agreeing that things are moving at a snail speed. I don't see Udom demanding accountability from those he put in office. The very very few working eg, Akan Okon, we can see results physically. Do you believe that the chairman of a major city like ikot ekpene does not live in IK rather he lives in Uyo. The very street he lives in ikot ekpene was well tarred by Akpabio but this fellow cannot even empower some women by engaging to sweep his street!! The street has street lights but not one is working. Now that's his home, can you imagine how the rest of the city looks like?

The other day I passed through Itam near the market and was shocked that traders have started displaying wares under the flyover to sell. The fountains are not working, the decorations all gone. The traders are selling right on the road causing unnecessary traffic. Where is UCCDA, ministry of environment, Itu LGA, where is governance?? The same thing is happening all over Akwa Ibom. Okada have taken over half a lane opposite the Specialist hospital right after the traffic light. To maintain law and order doest demand for billions of Naira. I don't even want to talk about timely road project design and execution - that's a total disaster. The Akwa Ibom dream is bigger than him dualizing the road in front of this house. This is why I am not particularly excited about this Ibom deep seaport especially when expecting money from FG. Yes we have gotten approval, it's good, but the real hard work and dedication is what is demanding. I have assessed Udom dispassionately and concluded he is not the one to bell the cat. We have to choose a truly homeward and visionary governor. Udom will zap back to Lagos immediately after his tenure in 2023. His mind and soul is not here, that's the very brutal TRUTH. God bless Akwa Ibom State

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Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Blue3k(m): 7:22am On Dec 21, 2020
rollingrocks:


We all knew that the approval was coming, federal minister of transport was always saying it. Without that super highway, no construction at the seaport can happen, all the building materials will go through there. Don't give excuses for them. If the money available is not enough for 12 lanes, they can start with four lanes and expand later. These guys don't think things through. Eg. Udom is doing third ring road, no section has been completed, the question I ask is is why didn't they do it in sections, akar oad- to oron Road first for example, for people to derive some benefits rather than messing the whole stretch up and it will not still be completed in 2023 at the pace they are going.

I didnt give excuses for them I agreed with you regarding the super highway. According to the minister 15km has already been completed. Are you saying the minister is lying? Other than that they shouldn't have dragged it out though. They would still collect tolls either way.

He explained that the state government decided to slow down after 15 out of 55.1 kilometers of the road had been done when it observed the refusal of Federal Government to give approval for the construction of the Ibom Deep Seaport as the road was initiated for the seaport operations and the proposed Ibom Industrial city.
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Ilaumoh(m): 7:35am On Dec 21, 2020
Blue3k:


Yeah I agree the state moves like a tortoise. The super highway could have been completed but they intentionally decided to delay it because they didnt get approval sooner. The delay in construction for the seaport was the FG not approving the work until now. That's an excuse I can charitably give them. If the cash is available why would the goverments involved delay construction until 2023.





Bro the truth is Udom wanted by all means to be the one building that seaport and what have discovered is that he only prioritise industries not road and all that..
4 project Udom loves very much and keep talking about it are Aviation, Ibom Deep Seaport, Ibom Blue science Park and coconut refinery all industries. You won't hear him saying anything about road construction so becos of that a common man in the street become angry over the space of work in road construction forgetting that each administration as what they prioritize so well.
Secondly Udom wanted to be careful it the construction of the super highway becos tagt was still part of the seaport project package which was tie to the approval of the Deep Seaport. I will kindly advice we see what he will do now that the seaport as been approved, let give him some time..

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Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Blue3k(m): 7:58am On Dec 21, 2020
Ilaumoh:

Bro the truth is Udom wanted by all means to be the one building that seaport and what have discovered is that he only prioritise industries not road and all that..
4 project Udom loves very much and keep talking about it are Aviation, Ibom Deep Seaport, Ibom Blue science Park and coconut refinery all industries. You won't hear him saying anything about road construction so becos of that a common man in the street become angry over the space of work in road construction forgetting that each administration as what they prioritize so well.
Secondly Udom wanted to be careful it the construction of the super highway becos tagt was still part of the seaport project package which was tie to the approval of the Deep Seaport. I will kindly advice we see what he will do now that the seaport as been approved, let give him some time..

Lol Udom is constantly campaigning with little to show in industry. The unemployment rate wouldn't be so high if that were case. You do hear him talking about roads alot dont you remember his campaigns 1700km of roads and 35 bridges constructed. We know his excuse for not completing super highway to we simply disagree with decision. The state would still collect some revenue from tolls and it would be one less thing to do.

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Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Ilaumoh(m): 8:11am On Dec 21, 2020
Blue3k:


Lol Udom is constantly campaigning with little to show in industry. The unemployment rate wouldn't be so high if that were case. You do hear him talking about roads alot dont you remember his campaigns 1700km of roads and 35 bridges constructed. We know his excuse for not completing super highway to we simply disagree with decision. The state would still collect some revenue from tolls and it would be one less thing to do.

Yeah I understand you am not talking about is campaign promises an talking about the project he keep mentioning during is media chat with the masses..
Secondly you can visit VSK website to learn more about the roads he as completed and the ones that are currently ongoing..
Are you in uyo? If so let meet
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by richidinho(m): 8:16am On Dec 21, 2020
Blue3k:


I haven't looked at the FGs 2021 budget.

How about the state's budget, because they also have 20%each to contribute to the project.
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Ilaumoh(m): 8:20am On Dec 21, 2020
Breaking news:

Ibom Deep Seaport to be built in phases, says commissioner
By Inemesit Akpan-Nsoh, Uyo
21 December 2020 | 4:28 am

Akwa Ibom State Commissioner for Economic Development and Ibom Deep Seaport, Akan Okon, has explained that the project would be developed in phases.

He told The Guardian that the construction of the first phase would gulp $2.016b, adding that the phase would generate about 300,000 jobs, while 3,500 companies are expected to operate at the seaport by the end of 2023.

He made this known while speaking with newsmen in Uyo yesterday, adding that the state government would provide 40 per cent of the funding, while 60 per cent would come from the preferred bidder.



Okon said: “60 per cent of the funding will come from core investors, Bollore ChinaPower Consortium which is the preferred bidder. They are already managing 23 ports in Africa while we believe that their experience and contacts will attract businesses and more investors to the seaport.”

[/b]The seaport, with its ancillary industrial city meant for large industries and covering Mbo and Ibeno local councils of the state, would commence operations before the end of 2023.[b]

According to him, the possibility of an early projected operational date was because the state government and the preferred bidder had already undertaken some technical aspects of the port development before the approval last week.

Okon, who is also a former Commissioner of Finance, stressed that in spite of the existence of other seaports in the Niger Delta region, the natural depth of Ibom Deep Seaport would offer more benefits to businesses, as it would serve as a clearing point for bigger vessels.

“The advantage of the Ibom Deep Seaport is in its natural location. For instance, the Lagos Port in terms of draft after dredging is just about 12m so large vessels can’t berth there. They have to wait in the high sea and need smaller vessels to bring cargo to the ports, but big vessels can come into the Ibom Deep Seaport even without dredging.

“It has a draft of 18m and a turning basin of 600m designed for vessels that can carry 120,000 Dead Weight Tonnage and will have 10 terminals. So it can actually allow for another vessel to come in without waiting for the first vessel to be discharged.



“It is also designed to be a trans shipping port, which means goods meant for neighbouring African countries can be transshipped from here using smaller vessels,” he said.

Okon added that the presence of the industrial city would also boost business and attract more cargoes to the seaport and would add to its capacity and reduce the number of clearing days.

“It will also be an additional source of revenue to the Federal Government and the Akwa Ibom State government because its impact will not only be felt in the host communities, but also in nearby communities, he added.

[/b]He allayed fears over the possibility of abandoning the project, noting that, due diligence was done before the approval of the project to ensure its success, while the state government undertook several engagements with the host communities[b]
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Blue3k(m): 8:27am On Dec 21, 2020
richidinho:


How about the state's budget, because they also have 20%each to contribute to the project.

They haven't posted the 2021 budget yet.
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by rollingrocks: 10:00am On Dec 21, 2020
Ilaumoh:
Breaking news:

Ibom Deep Seaport to be built in phases, says commissioner
By Inemesit Akpan-Nsoh, Uyo
21 December 2020 | 4:28 am

Akwa Ibom State Commissioner for Economic Development and Ibom Deep Seaport, Akan Okon, has explained that the project would be developed in phases.

He told The Guardian that the construction of the first phase would gulp $2.016b, adding that the phase would generate about 300,000 jobs, while 3,500 companies are expected to operate at the seaport by the end of 2023.

He made this known while speaking with newsmen in Uyo yesterday, adding that the state government would provide 40 per cent of the funding, while 60 per cent would come from the preferred bidder.



Okon said: “60 per cent of the funding will come from core investors, Bollore ChinaPower Consortium which is the preferred bidder. They are already managing 23 ports in Africa while we believe that their experience and contacts will attract businesses and more investors to the seaport.”

[/b]The seaport, with its ancillary industrial city meant for large industries and covering Mbo and Ibeno local councils of the state, would commence operations before the end of 2023.[b]

According to him, the possibility of an early projected operational date was because the state government and the preferred bidder had already undertaken some technical aspects of the port development before the approval last week.

Okon, who is also a former Commissioner of Finance, stressed that in spite of the existence of other seaports in the Niger Delta region, the natural depth of Ibom Deep Seaport would offer more benefits to businesses, as it would serve as a clearing point for bigger vessels.

“The advantage of the Ibom Deep Seaport is in its natural location. For instance, the Lagos Port in terms of draft after dredging is just about 12m so large vessels can’t berth there. They have to wait in the high sea and need smaller vessels to bring cargo to the ports, but big vessels can come into the Ibom Deep Seaport even without dredging.

“It has a draft of 18m and a turning basin of 600m designed for vessels that can carry 120,000 Dead Weight Tonnage and will have 10 terminals. So it can actually allow for another vessel to come in without waiting for the first vessel to be discharged.



“It is also designed to be a trans shipping port, which means goods meant for neighbouring African countries can be transshipped from here using smaller vessels,” he said.

Okon added that the presence of the industrial city would also boost business and attract more cargoes to the seaport and would add to its capacity and reduce the number of clearing days.

“It will also be an additional source of revenue to the Federal Government and the Akwa Ibom State government because its impact will not only be felt in the host communities, but also in nearby communities, he added.

[/b]He allayed fears over the possibility of abandoning the project, noting that, due diligence was done before the approval of the project to ensure its success, while the state government undertook several engagements with the host communities[b]


We've heard all these sweet talk before only for them to come up with excuses later. As I said seeing is believing. I repeat I'm not impressed with Udom's administration. I'm not!!!!

1 Like

Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by rollingrocks: 11:32am On Dec 21, 2020
Blue3k:


I didnt give excuses for them I agreed with you regarding the super highway. According to the minister 15km has already been completed. Are you saying the minister is lying? Other than that they shouldn't have dragged it out though. They would still collect tolls either way.




LOL, Bros, that commissioner lied like the devil. If they have done 15km of construction, the sycophants would have broken the Internet with pictures. Trust me, nothing apart from site clearing ( if that has even been done) has been done.
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Ilaumoh(m): 11:37am On Dec 21, 2020
Blue3k:


They haven't posted the 2021 budget yet.
The said January 2021
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Openyamind111(m): 7:16am On Dec 22, 2020
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Danny50: 7:18am On Dec 22, 2020
Damm I commend buhari on this one.
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by endsarrrs(f): 7:21am On Dec 22, 2020
Wonderful i doff my hat for the FG and akwa ibom GOVT

1 Like

Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by SocialJustice: 7:23am On Dec 22, 2020
Most people on this forum just have shit for brains.

Are you guys really stupid or you feign it to attract attention and likes?
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by jericco1(m): 7:25am On Dec 22, 2020
I hope the funds don't get cornered
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Gkay1(m): 7:25am On Dec 22, 2020
From now on, no abandon project anymore. start what u can finish and finish what u start.
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Hunchogee: 7:26am On Dec 22, 2020
nsiba:
.

Information wise, just like this guy Hunchogee
Great one @nsiba
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Sammy07: 7:29am On Dec 22, 2020
Blue3k:

They haven't posted the 2021 budget yet.
True, I'm even expecting budget IT for the breakdown.
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Hunchogee: 7:32am On Dec 22, 2020
efighter:
I thought Goatluck Jonaddaft has paid fully for it
Paid for something that wasn't approved in the first place hmm. Maybe you can ask Akpabio were the looted money was kept grin
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by studentofTruth: 7:32am On Dec 22, 2020
Nice one
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Hunchogee: 7:34am On Dec 22, 2020
rollingrocks:
Story Story, all this na Wash, 2023 nothing will still happen on ground. Mark my words. Not with this Udom guy. E get why
I join other well meaning Nigerians to rebuke the spirit of negativity from your life in Jesus Name.. Amen
[/i][/b]Say No to Bad Energy.[b]. [i]
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by Hunchogee: 7:40am On Dec 22, 2020
Gkay1:
From now on, no abandon project anymore. start what u can finish and finish what u start.
Exactly bro
Re: FG Approves $2 Billion For First Phase Of $4.6 Billion Ibom Deep Seaport by simeotexy: 7:46am On Dec 22, 2020
Am I the only person waiting for Rivers State people to come and destroy akwa ibom and display their hate

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