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FG approves Ondo deep seaport, grants operating licence

FG approves Ondo deep seaport, grants operating licence
May 17
20:56 2023

The government of Ondo says the federal government has approved the establishment of a deep seaport in the state. 

The federal executive council (FEC) gave approval for the operating licence of the port, at a meeting presided over by President Muhammadu Buhari on Monday in Abuja.

According to a statement by Olatunde Richard, chief press secretary to Akeredolu, a memo was presented by the ministry of transportation through Mu’azu Sambo, minister of transportation.

Richard added that the approval came after years of efforts by the “Ondo state government to establish a deep seaport — first at Olokola — which failed to materialise since 2004”.

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“The efforts were renewed by governor Oluwarotimi Akeredolu upon his assumption of office as governor in 2017 and became intensified upon the appointment of an indigene of Ondo state, prince Ademola Adegoroye, as minister of state in the federal ministry of transportation in July 2022, just about 10 months ago,” the statement reads. 

“Akeredolu had submitted the proposal for the establishment of the port to the federal government, with a series of due diligence undertaken by both the state and federal governments.”

The site of the proposed port in Ondo, which also has an industrial city with free trade zone status, is said to measure 2,771.2 hectares.

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