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Prospects for the take-off of Ibom Deep Sea Port...
08 Dec, 2025 08:46 123 min read
After 25 years in planning, Nigeria's $4.2 billion Ibom Deep Seaport is advancing toward construction, having secured key regulatory approvals and a preferred PPP bidder. The project aims to establish a major transshipment hub in West/Central Africa. The main challenge is financing, which requires strong federal government support to attract international investment—a cause championed persistently by Akwa Ibom's Governor Umo Eno. With presidential backing and ongoing design work, the port could break ground in 2026, potentially transforming regional trade and Nigeria's maritime infrastructure.... More