Saturday, 11 July 2020

Govt approves Chinese firm to build N43b Ibadan dry port




After over 15 years of lacklustre approach, the Federal Government and other stakeholders have selected a firm to build the Ibadan Dry Port that will cost N43.24 billion.

A statement by the Head of Public Relations, Nigeria Shippers’ Council (NSC), Mrs Rakiya Zubairi on Saturday disclosed that the China Railway Construction Corporation Limited has emerged the preferred bidder for the construction of the 80,000 TEU capacity dry port on the basis of Public-Private Partnership (PPP).

Zubairu noted that the NSC would be the guarantor to the concession of the project.

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