Nigeria: NIMASA Spends N20 Billion on Seafarers' Programme

19 December 2014

The proposed Ibaka deep sea port, Akwa Ibom, has been relocated to Ibeno Local Government Area, while the name has been changed to Ibom from Ibaka.

Vanguard gathered that the project analysis done by a foreign consultant and Transaction Advisers, FELAC Concept and Marine and Transport Business Solutions, MTBS, of Netherlands, showed that the port project would not be commercially viable if sited at Ibaka due to its long distance from the sea..

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