omonnakoda:
]The NPA has the power to approve ports in Nigeria and with this power they demand a share of the port. even though the FG did not contribute one naira
Lagos State government also gets a share because they provided the land

The money to build the port was provided 100% by the investor

NPA has approved ports in Akwa Ibom and Delta state so what is happening in those places why can't they find investors?

It really is a shame that Amaechi and Goodluck Jonathan did nothing for the Niger Delta is this aspect or infrastructure

omonnakoda:
Rather than quoting without a source tell us the point you are making .
I note you are referencing somthing from 2013 under Jonathan

The reality is that this port

Was delivered by Private money

Neither Lagos State nor the Federal government put in one Naira

Yes GEJ's government made a lot of NOISE about infrastructure like a port at Ibaka, 2nd Niger Bridge Port at Lekki etc none of which m100aterialized

The arrangement here is that Tolaram funded the Port 100%

Brendaniel:
The truth is when you put National interest first, this port was not necessary for Lagos state as at now, Lagos is very tight and congested causing a lot of pain and hardship on commuters with accidents of containers falling of trailers, this port would have been better utilised in other regions of the country in dire need of working ports to reduce the menace In Lagos and also open other regions to easy import and export.

Brendaniel:


The truth is the FG should have intervened in some of these issues and not wait for the state government since the FG will still be in charge of the ports at the end of the day through customs and NPA, the citizens will still be the ones to benefit regardless of the state, my main point is for the government to make life easier for all Nigerians...

TakeNigeriaBack:


Don't forget to include the billions stolen by Diezani under PDP.

Brendaniel:
The truth is when you put National interest first, this port was not necessary for Lagos state as at now, Lagos is very tight and congested causing a lot of pain and hardship on commuters with accidents of containers falling of trailers, this port would have been better utilised in other regions of the country in dire need of working ports to reduce the menace In Lagos and also open other regions to easy import and export.

yommen:


APC claimed they built infrastructure but they cannot claim they didn't make the people poorer. APC brought us hunger!!! Get the message! A bag of rice is now 45k. It was 7k when they came on board. They have made our lives worse. They really mismanaged our economy.

Brendaniel:
The truth is when you put National interest first, this port was not necessary for Lagos state as at now, Lagos is very tight and congested causing a lot of pain and hardship on commuters with accidents of containers falling of trailers, this port would have been better utilised in other regions of the country in dire need of working ports to reduce the menace In Lagos and also open other regions to easy import and export.

ryloy:


God Bless Incoming President Bola Tinubu
The Builder of Lagos

Sasi54:
I swear the love that I am having for this country is increasing everyday, Nigeria must be great

Reference:


Correct to a certain extent.
Government equity in PPP's are almost always in kind and not cash. Usually by ways and means.
Having said that the reason is obvious why it is harder to find investors for ports in other parts of the country and it boils down to economics and economics 101 and all the advantages Lagos has, markets, capital, etc.

For other port cities to be developed the Federal Government has to be deliberate in increasing its equity and probably placing serious incentives on the table to attract the private sector. To compare the ability of Akwa Ibom and Delta to attract foreign investment of equal value as that of Lagos is like putting Usain Bolt at the 30 metre mark and expecting me top catch him at the finish line. Totally unfair.

The Nigerian economy has not exactly been in a boom for decades making 'blind dates' irresistible. The Lekki port operators have their eye on one thing, feeding off the woes of Apapa just down the coast. If Apapa was doing fine there will be no Lekki Deep Sea.

Brendaniel:
The truth is when you put National interest first, this port was not necessary for Lagos state as at now, Lagos is very tight and congested causing a lot of pain and hardship on commuters with accidents of containers falling of trailers, this port would have been better utilised in other regions of the country in dire need of working ports to reduce the menace In Lagos and also open other regions to easy import and export.

Brendaniel:
The truth is when you put National interest first, this port was not necessary for Lagos state as at now, Lagos is very tight and congested causing a lot of pain and hardship on commuters with accidents of containers falling of trailers, this port would have been better utilised in other regions of the country in dire need of working ports to reduce the menace In Lagos and also open other regions to easy import and export.

Brendaniel:
The truth is when you put National interest first, this port was not necessary for Lagos state as at now, Lagos is very tight and congested causing a lot of pain and hardship on commuters with accidents of containers falling of trailers, this port would have been better utilised in other regions of the country in dire need of working ports to reduce the menace In Lagos and also open other regions to easy import and export.

omonnakoda:
Intervened in what way? Please clarify?

Brendaniel:


The truth is the FG should have intervened in some of these issues and not wait for the state government since the FG will still be in charge of the ports at the end of the day through customs and NPA, the citizens will still be the ones to benefit regardless of the state, my main point is for the government to make life easier for all Nigerians...

bizzibodi:
$1.5bn for just sandfilling that space,dredging the waterfront,do shore protection,tarring that land area,put some cranes for loading and unloading with some building cost this outrageous amount? why do we like over inflating contract in this country?am sure is foreign contractors can't indigenous engineers dredge,do shore protection,build a tarmac?no wonder $$$$$ is rising out of control.

viodemus:
Nice project.

In a productive country like china or most of asia, this is a $200 million project max, with various operating installations included, in america, depending on speed, this $250 million to $300 million; in Europe, this is a $400 to $450 million project. For us, without the equipment and the expertise, this is suppose to be $750 to $800 million max. And that is still too much.

If we keep on like this, we won't build many projects like we are supposed to. it is good we are building, even if it's one, but let us not let aprico, excess greed, and lack of expertise limit us or restrict us.

Wize1:


Excuses, excuses and excuse is all you are giving. Some of you just regurgitate propaganda like robots without any form of critical thinking, and wish it to be true. So let’s even go to with your thinking and assume the stalling of the Akwa Ibom and Delta ports (that have since been concessioned with no single progress) is the fault or the FG, how is the completion of the one in Lagos a problem? Isn’t it to serve Nigerians from all tribes still? Or would you rather the stakeholders abandon it like those of Delta, Akwa Ibom? Just so to appease your sense or envy? You guys should stop this crab in the barrel mentality just because of hatred driven by political sentiments. Elections will come and go, but these infrastructure will power more businesses. It’s not every thread you should be commenting on and spewing pain and hate. It’s okay to overlook some at the risk of sounding really imbecilic.

seguno2:


Was Rome built by uneducated almajiris, area boys and agbero thugs

Fiscus105:



So Lagos will use is Money to build port for other states?

U guys should endeavor to reason before u comment pls. Yet foolish people like ur comment.

abokikhalifa:


No doubt. But what is stopping your governors from developing sea ports

Brendaniel:
The truth is when you put National interest first, this port was not necessary for Lagos state as at now, Lagos is very tight and congested causing a lot of pain and hardship on commuters with accidents of containers falling of trailers, this port would have been better utilised in other regions of the country in dire need of working ports to reduce the menace In Lagos and also open other regions to easy import and export.

Brendaniel:
The truth is when you put National interest first, this port was not necessary for Lagos state as at now, Lagos is very tight and congested causing a lot of pain and hardship on commuters with accidents of containers falling of trailers, this port would have been better utilised in other regions of the country in dire need of working ports to reduce the menace In Lagos and also open other regions to easy import and export.

Brendaniel:


There have been complains of business men in other regions about accessibility to import and export because there are no proper functioning ports in other regions, imagine someone in sokoto will have to transport his goods all the way to Lagos just to export and then same with import, if there were closer ports at least not in sokoto but before Lagos at least it will reduce the burden for such and also reduce congestion in Lagos and make businesses and goods cheaper, the FG just like they built railway should have done this a long time ago without waiting for any state government, this is for the benefit of everyone, job creation and so on.

Benwallt:
what are you saying? Lagos should go and build ports in another state? It is Lagos state project not federal government