Close Menu
    What's Hot

    Reforms Restoring Stability, Investor Confidence – Tinubu

    June 12, 2026

    Oil Prices Dip Below $90 on Potential US-Iran Deal

    June 12, 2026

    ECB Hikes Rates 25bps, Targets 3% Inflation for 2026

    June 12, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Friday, June 12
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » NPA Assures Approval for 1bn-Dollar Ondo Multipurpose Deep Seaport Project
    News

    NPA Assures Approval for 1bn-Dollar Ondo Multipurpose Deep Seaport Project

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiMay 5, 2023Updated:February 12, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    NPA Assures Approval for 1bn-Dollar Ondo Multipurpose Deep Seaport Project
    From left: Mr Mohammed Bello-Koko,, Managing Director NPA and Ondo State Coordinator for Special Projects, Mr Boye Oyewumi
    Share
    Facebook Twitter Pinterest Email Copy Link

    NPA Assures Approval for 1bn-Dollar Ondo Multipurpose Deep Seaport Project

    The Nigerian Ports Authority (NPA) on Thursday in Lagos assured that the one-billion-dollar Ondo State Multipurpose Deep Seaport project got all necessary approval for its implementation.

    NPA’s Managing Director, Mr Mohammed Bello-Koko gave the assurance when he received visiting Ondo State Coordinator for Special Projects, Mr Boye Oyewumi, who submitted the Full Business Case for the port.

    Located on the coast of Ondo State, the port project would be funded through a Public Private Partnership.

    Receiving the case report, Bello-Koko assured that the NPA would work with the Federal Ministry of Transportation and with other relevant agencies to obtain approvals to enable the port to begin operations.

    Read also: IBEDC warns customers of imminent disconnection of power supply by TCN

    “The NPA has consistently restated its readiness to provide requisite technical guidance for the establishment of new ports in line with global best practices,’’ he said.

    “In keeping with NPA’s commitment at creating an enabling atmosphere for the construction of more deep seaports, the Ondo State project will come to fruition,’’ Bello-Koko assured. #NPA Assures Approval for 1bn-Dollar Ondo Multipurpose Deep Seaport Project#

    The Nigerian Ports Authority (NPA) on Thursday in Lagos assured that the one-billion-dollar Ondo State Multipurpose Deep Seaport project got all necessary approval for its implementation.

    NPA’s Managing Director, Mr Mohammed Bello-Koko gave the assurance when he received visiting Ondo State Coordinator for Special Projects, Mr Boye Oyewumi, who submitted the Full Business Case for the port.

    Located on the coast of Ondo State, the port project would be funded through a Public Private Partnership.

    #NPA Assures Approval for 1bn-Dollar Ondo Multipurpose Deep Seaport Project#

    Deep seaport Nigerian Port Authority NPA Ondo state
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Related Posts

    News

    Reforms Restoring Stability, Investor Confidence – Tinubu

    June 12, 2026
    News

    Oil Prices Dip Below $90 on Potential US-Iran Deal

    June 12, 2026
    News

    ECB Hikes Rates 25bps, Targets 3% Inflation for 2026

    June 12, 2026
    News

    Rand Slides as World Bank Cuts South Africa’s 2026 GDP Growth

    June 12, 2026
    News

    Wall St, European Markets Surge on AI Stock Rally Ahead of SpaceX Debut

    June 12, 2026
    News

    Fitch Affirms African Development Bank at ‘AAA’, Outlook Stable

    June 11, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Reforms Restoring Stability, Investor Confidence – Tinubu

    June 12, 2026

    Oil Prices Dip Below $90 on Potential US-Iran Deal

    June 12, 2026

    ECB Hikes Rates 25bps, Targets 3% Inflation for 2026

    June 12, 2026

    Rand Slides as World Bank Cuts South Africa’s 2026 GDP Growth

    June 12, 2026
    Latest Posts

    Reforms Restoring Stability, Investor Confidence – Tinubu

    June 12, 2026

    Oil Prices Dip Below $90 on Potential US-Iran Deal

    June 12, 2026

    ECB Hikes Rates 25bps, Targets 3% Inflation for 2026

    June 12, 2026

    Rand Slides as World Bank Cuts South Africa’s 2026 GDP Growth

    June 12, 2026

    Wall St, European Markets Surge on AI Stock Rally Ahead of SpaceX Debut

    June 12, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Reforms Restoring Stability, Investor Confidence – Tinubu

    June 12, 2026

    Oil Prices Dip Below $90 on Potential US-Iran Deal

    June 12, 2026

    ECB Hikes Rates 25bps, Targets 3% Inflation for 2026

    June 12, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.