The Minister of Transportation, Rotimi Amaechi, who announced this after inspecting the seaport, also stated that the facility would begin commercial operations in September this year.
He said the private sector-funded seaport was being constructed in accordance with the time schedule, stressing that in three months’ time the facility would have cranes.
Amaechi said, “I am impressed with what has been done here compared with the last time we came here. There’s a huge improvement.
“And I’m being told by the management that by June we will be expecting the cranes and by September as we agreed, they should commence commercial activities.”
Commenting on the amount which the facility would contribute to the country’s GDP, the minister said, “It will contribute $360bn in 45 years, which sounds much for you but we actually need more of that money to accomplish what we want to achieve.
“It also depends on how much the economy will grow before then. The growth of the economy will put problems on the expansion.
