Governor Sanwo-Olu Announces Badagry Seaport Launch Date

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Governor Sanwo-Olu Announces Badagry Seaport Launch Date
Governor Sanwo-Olu Announces Badagry Seaport Launch Date

This was stated by the State Governor, Babajide Sanwo-Olu, during the Stakeholders’ Meeting on the Badagry Deep Seaport and Free Zone Project in Badagry.

The plan to begin construction of the seaport, which will be hosted by 12 communities in Badagry, was conceived ten years ago, in 2012, during the administration of former governor Babatunde Fashola.

Mr. Sanwo-Olu stated that the government was in the process of obtaining ratification from the Federal Government, which he hoped would be received by the end of April.

“By June, we must have something operational for the port.” We intend to deliberately accelerate development in Badagry.

The State Governor, Babajide Sanwo-Olu, stated this during the Stakeholders’ Meeting on the Badagry Deep Seaport and Free Zone Project in Badagry.

The plan to start building the seaport, which will be hosted by 12 Badagry communities, was conceived ten years ago, in 2012, during the administration of former governor Babatunde Fashola.

Mr. Sanwo-Olu stated that the government was in the process of obtaining Federal Government ratification, which he hoped would be received by the end of April.

“We need to have something operational for the port by June.” In Badagry, we intend to deliberately accelerate development.

He stated that with these two deep seaports, the state would be significantly relieved of the difficult challenges being faced in the Apapa axis as a result of the activities at the Tin-Can port, which had been stretched beyond its installed capacity.

Mr Sanwo-Olu stated that the stakeholders’ meeting would allow stakeholders to reason together and forge a common course of action to make the dream of Badagry Deep Seaport a reality in the shortest possible time.

“It is also critical to ensure that investors’ confidence is secured at the start of the project, which is why we convened to discuss key issues concerning community relations and improving the business environment for the management of Badagry Port Development Ltd.”

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“We know for a fact that a project of this size and scope will fail.”

“I want to reassure you that we are ready and willing to compensate adequately for the loss of economic crops as well as the replacement of lost assets such as buildings and ancestral sites.”

“I greet the people and representatives of Ganyingbo Town, Ganyingbo Sea Beach, Gbaji-Yeke-Tome, Angovi Town, Angovi Sea Beach, Yovoyan, Gberefu, Agbojetho, Kujinada, and I particularly greet the people and representatives of Aivoji, Asakpo, and Hoke-Daho.”

 

“This is your home, and you’ve opened your doors to us; your enormous contributions to making this dream a reality are not taken for granted,” he said.

The governor invited the communities of Aivoji, Asakpo, and Hoke-Daho to come forward with their concerns so that they could be addressed.

He stated that this would allow the Global Memorandum of Understanding (GMoU) to be signed, allowing compensation payments to begin.

Lola Akande, the Commissioner for Commerce, Industry, and Cooperatives, praised Governor Sanwo-Olu for his dedication to bringing the seaport project, which was conceived in 2012, to fruition.

Ms Akande stated that the state government sincerely sought cooperation in making the state attractive to investors at all times in order to sustain the local economy’s growth and development.

Badagry Port Development Ltd. CEO Didi Ndiomu stated that the project would be developed in four phases through a Public Private Partnership (PPP) arrangement.

Mr Ndiomu stated that the seaport would be located in Badagry’s Gberefu area and would cover an area of approximately 1,103 hectares.

He stated that 623 hectares of the 1,103 hectares were set aside for port activities, including an 18-meter draft and a 4-kilometer quay, making it the port with the deepest draft and widest berths in Sub-Sahara Africa.