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Bakassi Seaport to Decongest Lagos Ports, Cut Cost of Goods

Shettima said the $3.5 billion project will divert more than 80% of Nigeria’s foreign trade away from Lagos ports and create jobs.

Vice-President Kashim Shettima has said the proposed $3.5 billion Bakassi Deep Seaport in Cross River State will ease congestion at Lagos ports, reduce the cost of moving goods and expand Nigeria's access to international markets.Shettima spoke on Friday while representing President Bola Tinubu at the groundbreaking ceremony of the project in Ikang, Bakassi Local Government Area of Cross River State.He described the proposed seaport as a strateg…

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The Guardian Nigeria broke the news in Nigeria on Friday, November 13, 2026.
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