Nigeria launches $3.5bn Bakassi Deep Seaport construction after years of delays

President Tinubu has officially flagged off construction of the $3.5bn Bakassi Deep Seaport in Cross River State, reviving a project previously stalled by political, environmental, and legal challenges. The port aims to boost Nigeria's maritime capacity and regional trade, though financing and execution risks remain. This marks a significant infrastructure commitment by the new administration.

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