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July 05, 2015
Cross River State governor, Senator Ben Ayade has assured private investors that the proposed Calabar Deep Seaport would be ready for use in 18 months.
Governor Ayade gave the assurance on Saturday at the official unveiling of the 40 million litres capacity tank farm, Fynfield Petroleum, at the Calabar Free Trade Zone. He said his administration was desirous of creating a conducive environment for private sector to operate.
The governor disclosed that the state’s signature projects, “the dual carriage super highway and Calabar Deep Seaport were earmarked to provide a safety pad for the private sector to strive.”
Ayade, who thanked the Managing Director of Fynefield Petroleum, Mr. Gabriel Ogbechie, for choosing Calabar to do business, explained that “the essence of the proposed super highway from Calabar to Obudu was to enhance the efficient evacuation of petroleum products from the proposed deep seaport to the South-east, North-east, Niger Republic and Chad ”.
He further disclosed that the state government, in partnership with a private sector will set up a special task force to undertake the dredging of the Calabar channel
Ogbechie disclosed that the company, which commenced business in 1999, with just one filling station, now has 35 stations spread across the country, 80 trucks and six ships involved in the importation of petroleum products.
He put the cost of the tank farm a little above N3 billion with 50 direct employees from the state and 100 indirect staff members. He described Calabar as a wonderful location with a peaceful people. Dignitaries present included Senator John Owan Enoh, Prince Goddy Jeddy Agba, former National Publicity Secretary of the PDP, Mr. Emmanuel Ebeshi, among others.
Culled from Thisdayonline