Home News FEC approves Port Harcourt-Maiduguri railway expansion, construction of Bonny deep seaport

FEC approves Port Harcourt-Maiduguri railway expansion, construction of Bonny deep seaport

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WED, 07 OCT, 2020-theGBJournal-The Federal Executive Council (FEC) today approved the expansion of the Port Harcourt-Maiduguri railway.
FEC also approved the construction of a deep seaport in Bonny under the Private, Public Partnership (PPP) as well as construction of a railway industrial park in Port Harcourt.
The railway line will cost $3.02 billion. The industrial park which will be built at no cost to the Federal Government will cost $241.1 million while the Bonny deep seaport will cost $461.9 million.
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