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From Aniekan Aniekan, Calabar
The Chief Whip of the Cross River State House of Assembly, Hon. Hilary Bisong, has described the Federal Executive Council’s approval of over $4.29bn in Public-Private Partnership (PPP) investments as Nigeria’s commitment to bold economic reform, infrastructure renewal, and sustainable growth.
Key to the approved PPP projects is the Bakassi Deep Seaport, which he described as a project of immense national and regional importance.
He described the project as a game-changer, expected to decongest existing ports, strengthen Nigeria’s maritime capacity, and serve as a critical logistics gateway for international commerce.
“The seaport is expected to generate jobs, expand markets for farmers and manufacturers, increase revenue streams, and renew economic hope for coastal communities.
“The investment reflects the visionary leadership of President Bola Tinubu, whose Renewed Hope Agenda continues to restore investor confidence, unlock private capital, and reposition Nigeria as a credible and competitive player in global trade and development.
“By unlocking the blue economy and strengthening non-oil exports, the seaport directly supports Nigeria’s economic diversification agenda while promoting inclusive growth for Cross River State and the wider South-South region.
“The synergy between the Federal Government’s economic reforms and the Cross River State Government’s development vision demonstrates that the future is being deliberately and responsibly built”, he said.
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The lawmaker reaffirmed the commitment of the state Assembly to supporting policies that advance strategic infrastructure and secure lasting prosperity.
