Decongesting Lagos ports: Cash crunch, investors’ apathy stall $8.5b deep seaport projects
Despite the Federal Executive Council’s (FEC) approval on construction, lack of funding, investors’ apathy, and promoters’ inability to articulate the commercial viability of relevant projects have stalled the development of three proposed deep seaports projects in Akwa Ibom, Badagry and Ondo.
by Adaku Onyenucheya
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