Nigeria approves construction of a deep seaport in Bonny
Friday, 09 October 2020 14:18
Nigeria’s Federal Executive Council (FEC) approved on October 7 the construction of a deep seaport in Bonny in Rivers State, southern Nigeria.
According to Transport Minister Rotimi Amaechin, the facility will be executed under a public-private partnership (PPP). It is expected to cost $461.9 million.
Once completed, this platform will help boost the economy of this oil and gas island in the Niger Delta, where several multinationals in the sector are active. It is also planned to connect Bonny to the Port Harcourt-Maiduguri railway, whose reconstruction has just been approved by the FEC for a budget of $3.02 billion.
Romuald Ngueyap
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Kenya’s Pipeline IPO Draws Deep Institutional Demand, Easing Market Doubts
13:19
-
Tunisia Opens Market to Serbian Beef and Lamb
13:14
-
Bildup AI Opens New Hubs to Scale AI Training Across Nigeria
13:14
-
Tanzania Deploys Modern Sprayers to Boost Cotton Productivity and Advance Sector Modernization
13:06
-
Zambia Tests 80% Internet Access Goal With Solar Telecom Tower Rollout
12:29
-
Cameroon Shifts Census Payments to Mobile Money, Taps MTN, Orange for 30,000 Agents
10:41
-
Agricultural Research Institute Showcases Cameroon’s Export-Ready Innovations at Paris Fair
10:30
-
150 Northwest Women Targeted in Production Modernisation Push Along Ring Road
07:45
-
Cameroon Wins Gold at Global Cocoa Awards in Amsterdam
07:40
-
Algeria Expands University Digital Services with Four New Platforms
19:21
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...
West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...
Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors w...
Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...
Kenya sold 65% of KPC in a $825 million local-currency IPO The offer was oversubscribed, driven mainly by institutional investors Uganda...
Serbia aligns beef, lamb export rules with Tunisia Tunisia frozen beef imports doubled since 2020 Seven countries supplied Tunisian market in...
Tanzania has deployed 16 modern self‑propelled boom sprayers across five core cotton‑producing districts. Farmers report significant reductions in...
MTN and regulator ZICTA launch solar-assisted telecom towers to extend mobile broadband to rural communities. Zambia targets nationwide broadband...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...