Lagos State Government Restates Commitment To $2.3bn Badagry Deep Sea Port Project

…Meets APM Terminals Representatives In London

Lagos State Governor, Mr. Akinwunmi Ambode on Thursday met with representatives of APM Terminals to advance the development of the Badagry Deep Sea Port project, restating his administration’s key strategic imperative to creating a friendly environment to encourage private sector participation in driving economic development in the State.

Governor Ambode at the meeting which took place in London, United Kingdom, said the Badagry Deep Sea Port Project with an estimated investment of over $2.3billion would address the infrastructure enhancement and urban renewal agenda of the State.

L-R: Lagos State Governor, Mr. Akinwunmi Ambode (2nd right), with Country Manager, APM Terminals, Mr. David Skov; Chairman, APM Terminal, Apapa, Chief Ernest Shonekan; Head of Africa, APM Terminal, Mr. Peter Volkjaer Jorgensen during the Lagos State Government meeting with representatives of APM Terminals in London, on Thursday, October 6, 2016. (Back row) With them are Mr. Koye Edu; Chairman, Supreme Offshore Limited, Mr. Chidi Ofong; Commissioner for Commerce, Industry & Cooperatives, Mr. Rotimi Ogunleye; Permanent Secretary, Office of Overseas Affairs & Investments (Lagos Global), Mr. Olajide Bashorun and Country Senior Partner, PricewaterhouseCoopers (PwC) Nigeria, Mr. Uyi Akpata.
L-R: Lagos State Governor, Mr. Akinwunmi Ambode (2nd right), with Country Manager, APM Terminals, Mr. David Skov; Chairman, APM Terminal, Apapa, Chief Ernest Shonekan; Head of Africa, APM Terminal, Mr. Peter Volkjaer Jorgensen during the Lagos State Government meeting with representatives of APM Terminals in London, on Thursday, October 6, 2016. (Back row) With them are Mr. Koye Edu; Chairman, Supreme Offshore Limited, Mr. Chidi Ofong; Commissioner for Commerce, Industry & Cooperatives, Mr. Rotimi Ogunleye; Permanent Secretary, Office of Overseas Affairs & Investments (Lagos Global), Mr. Olajide Bashorun and Country Senior Partner, PricewaterhouseCoopers (PwC) Nigeria, Mr. Uyi Akpata.

Governor Ambode, who expressed appreciation on the resolve of the investors to stay the course with the project, said the facility on completion would generate over 500,000 direct and indirect jobs.

He assured that the State Government would spare nothing to see the project to realization, while pledging that the interests of the host communities within the location of the project will be protected.

‎He said the Badagry Deep Sea Port, on completion, will be the biggest in the African continent as it is expected to sit on a land space of over 1000 hectares.

Speaking on behalf of APM Terminals, Head of Africa, Mr. Peter Volkjaer Jorgensen said the Group was strongly committed to partnering the State Government on the project.

The meeting had in attendance Country Manager, APM Terminal, Mr. David Skov; Chairman APM Terminal Apapa, Chief Ernest Shonekan; Lagos State Governor, Mr. Akinwunmi Ambode; Head of Africa, APM Terminal, Peter Volkjaer Jorgensen; Chairman, Supreme Offshore Limited, Mr. Chidi Ofong; Mr. Koye Edu; Lagos State Commissioner for Commerce, Mr. Rotimi Ogunleye; Permanent Secretary, Lagos Global, Mr. Olajide Bashorun and Country Senior Partner, PricewaterhouseCoopers, Mr. Uyi Akpata.