Nigerian govt. budgets N1 billion for Akwa Ibom seaport

Acting President Osinbajo speaking at the opening of a two-day national dialogue on corruption organised by his office in conjunction with the Presidential Advisory Committee Against Corruption, PACAC, at the Banquet Hall of Aso Rock Presidential Villa on Thursday

The Acting President, Yemi Osinbajo, says that Federal Government has made provision of N1 billion in the 2017 budget for the development of Ibaka deep seaport in Akwa Ibom.

Mr. Osinbajo said this in Uyo on Thursday while addressing a Townhall meeting of the government and people of the state.

The acting president’s visit was part of his consultation with people in the Niger Delta on how to maximise the gains of oil resources in the region.

The acting president, who was responding to myriads of complaints and requests by the people, said that budgetary provisions had also been made for the Itu – Calabar federal highway in 2016.

Mr. Osinbajo said the Ministry of Petroleum Resources was working with Amnesty Office to accommodate more youth from Akwa Ibom into the Amnesty Programme.

“I have heard all the requests. We must trust and give this government the patience that is required to put things right.

“We are working on modular refineries. Power stations must be established here. We must make our oil producing communities hub of petrochemical and gas industries.

“We must attract private investments. The biggest benefit is to attract more private investments to the state,” Mr. Osinbajo advised.

The acting president regretted that the blessings of oil wealth had not touched the majority of the people in the oil bearing communities.

He said the Ministry of Petroleum Resources was working on several incentives for the oil producing communities.

Mr. Osinbajo also directed the Ministry of Petroleum Resources to liaise with the oil multinationals operating in the state on the modalities to relocate their headquarters following repeated requests.

The acting president promised to partner with the state government to establish technology hub in the state while advising the people to be resourceful and innovative.

He noted that the future depended on innovation and the ability to harness what we have for development.

In his presentation earlier, the state governor, Udom Emmanuel, appealed to the Federal Government to support the Ibaka deep seaport.

The governor also requested the Federal Government to partner with the state to establish a logistics centre for oil and gas operations.

Mr. Emmanuel appealed to the Federal Government to resolve the ownership problem in the Aluminum Smelting Company of Nigeria (ALSCON) to enable the state benefit from it.

The governor, who described the acting president as a development partner and leader, appealed to the Federal Government to allocate oil and gas block to indigenes of the state.

Speaking on behalf of oil producing communities, a former Minister of Lands and Housing, Nduese Essien, lamented that the state had nothing to show for being the highest oil producer.

Mr. Essien suggested that the coastal railway project of the Federal Government should pass through Oron- Eket- Ikot Abasi routes.

He called on the Federal Government to correct the anomaly in the section four of the East-West spanning Onna and Eket in Akwa Ibom.

In his presentation, the state leader, Pan Niger Delta Forum, Idongesit Nkanga, urged the federal government to partner with the state government to complete the hangar at the Akwa Ibom Airport.

Mr. Nkanga called for the speedy completion of the East-West road cutting across the state and also expedite the transformation of Maritime Academy into a university.

In his speech, the Senate Minority Leader, Godswill Akpabio, commended the federal government for appointing indigenes of the state into key government positions.

Mr. Akpabio, who spoke on behalf of the state’s elders council, asked for fairness and equity considering the allocation of projects in the Niger Delta region.

The News Agency of Nigeria (NAN) reports that representatives of youth, women and special interest groups spoke at the town hall meeting.



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  • Felix Udoh

    How does 1 Billion Naira help a project that is projected to cost 1.7 Billion Dollars?

    • pdbraide

      cant your state find money for its own project?

  • ukoette ibekwe

    How can federal government budget for a project that is owned by the state government?

  • emmanuel

    N1 billion? The IDP Grass Cutter money was a quarter of this. This is just money to clear the site? The site must be over ten times bigger than that IDP Camp.
    What happens after the Grass Cutting? The project is abandoned? Acting President, this is an omen for abandoned project.
    The FGN should do the kind of partnership on Lagos deep sea port and stop this synism!


    Mr. Acting president how about the oldest seaport in nigeria ( calabar seaport)?

    • pdbraide

      they approved a dredging contract and chopped the money since 2014. now the contractor is demanding money for they non existent work he has done and efcc is on his neck and his jv partner npa is demanding he show proof of work. the people of cross river need to also put pressure on the contractor but we are docile and to be fair did not follow up the matter.

  • thusspokez

    I appreciate the tone of the Acting President (AP), but two important things still remains that can jeopardise his good efforts and any Nigerian project. These are (1) kakistocracy and (2) corruption. Indeed the former facilitates the latter.

    Despite the seriousness and debilitating effect of kakistocracy and corruption on Nigeria, I am yet to find any (academic) research (e.g., PhD thesis), think-thank study on them.

    If there is none, then it will be shocking! And I would call on the VP to set up a think-thank of clever Nigerians to study kakistocracy and corruption in details in the public sector and produce papers outlining their findings, methodologies, measure to counter kakistocracy and corruption in the public sector.

    For example, I would suggest that any company who undertakes government job or contract must set up a website to give daily update of the stages of the projects. In the case of projects to do with national security, access to the webpages would be restricted and not available to the public. Now any Nigerian could check the progress of any project on the company websites. This is just one idea to solve the problem of abandoned projects and those that never get off the ground.

  • thusspokez

    Why can’t these riverine states build their own ports and collect taxes and excise? Nigeria is a federation but no state wants to practice it.It is federal government gimme gimme, so that the governors would have more money to (1) embezzle and (2) blame the federal government for any problems arising from the state government mismanagement.

    You hear so much nonsense about Nigeria not being a federation and silly calls for “true” federation, confederation, restructuring, etc., and yet no state government would exercise the powers they have in the current Federal Republic.

    Nigeria can earn between $5-15 billions in commercial fishing, yet none of these state governments in the Niger Delta would consider setting up commercial fishing and create jobs for their people. Presumably, they are waiting for the federal government to come and do it for them.

    These governor buy themselves airplanes with public funds — money that could buy 5 or more commercial fishing trawlers, which could provide millions of dollars in income a year for them.