Bakassi Deep Seaport: Inter-Ministerial Steering Committee Inaugurated

The Cross River State Government recorded a significant milestone with the inauguration of the Inter-Ministerial Steering Committee of the proposed Bakassi Deep Seaport project by the Federal Ministry of Transportation. The Steering Committee will oversee all activities related to the construction of the port including the procurement of a transaction adviser, fund raising, feasibility studies, and investor relations. The Bakassi deep seaport is one of the signature projects of the Governor Ben Ayade led administration.
The inaugurated Committee comprises two representatives each from the Nigerian Ports Authority, the Federal Ministry of Finance, Infrastructure Concession Regulatory Commission, the Federal Ministry of Transport, and the Cross River State Government.

The Cross River State Government  team was led by the Chief Economic Adviser to the Governor and Vice Chairman of the State Planning Commission, Dr. Francis Ntamu. The Permamanent Secretary to the Commission, Mr. Effion Ene-obong was also present at the occassion.

The inauguration formally kicks-in the project development process in line with regulatory requirements. Upon inauguration, the Steering Committee proceeded to the review of the project work plan and timelines .

http://www.crosswire.com.ng/bakassi-deep-seaport-inter-ministerial-steering-committee-inaugurated/