Badagry deep-sea port

Overview:

• A consortium comprising APM Terminals, Orlean Invest, the Macquarie Group, Oando, Chagoury Group and Terminal Investment has been awarded the 21 year concession to develop a deep-sea port in the Nigerian coastal town Badagry in Lagos.
• Set to be the largest deep-sea port in Africa, it will be developed on a PPP (public-private partnership) basis.
• Public sector involvement comes from the Nigerian Ports Authority and the Governor of Lagos State.
• The projected cost of the development is $2 billion. 
• In August 2016 the Federal Executive Council (FEC) of Nigeria approved construction. 

John Crabb - Journalist