NEWS

‘It’s Strategy, Not Sabotage’- Lagos APC Backs Tinubu’s $1bn Deep Sea Port Investment

 

The Lagos State Chapter of the All Progressives Congress (APC) has dismissed as “ignorant and misleading” claims by the opposition that the Federal Government’s investment in the Lagos Deep Sea Port amounts to economic sabotage against other ports in the country.

Reacting to statements that accuses the government of “neglecting” the Warri, Calabar, Onne, and Port Harcourt ports while committing $1 billion to the Lagos project, the State Chapter Party’s spokesperson, Seye Oladejo, described the allegation as a “comic display of economic illiteracy.”

Oladejo said “You can’t call what you don’t understand sabotage,” emphasising that the Lagos port investment is a strategic component of a nationwide maritime modernisation plan, not a regional favoritism initiative.

He explained that the $1 billion investment in the Lekki Deep Sea Port aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which seeks to position Nigeria as West Africa’s leading maritime and trade hub.

According to him, the project is backed by foreign direct investment from China Harbour Engineering Company and Singapore’s Tolaram Group, both of which recognized Nigeria’s growing economic potential under Tinubu’s leadership.

He further outlined ongoing federal efforts to upgrade and rehabilitate other ports across the country, including: Onne Port modernisation with new equipment and digital systems, Calabar Port dredging to increase vessel capacity, Port Harcourt Port rehabilitation under a new concession framework, and Warri Port corridor expansion with rail link integration for improved cargo movement.

Reiterating the party’s stance, Oladejo said the Tinubu administration remains focused on delivering infrastructure that supports national growth, irrespective of region.

ALSO READ  Lagos Assembly: 2023 Appropriation Bill Scales Second Reading

“The opposition may continue with propaganda, but this administration builds what others only promise. Governance is about strategy, not sentiment,” he said.

The Lagos APC concluded that the Lagos port investment reflects President Tinubu’s results-driven approach and reaffirmed the party’s commitment to “building a Nigeria that works — one port, one project, and one policy at a time.”

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button