The Federal Government has approved a plan to modernise several ports and establish new deep seaports. This move aims to reduce the concentration of maritime commerce in one area. The approved projects include the modernisation of Onne, Delta, and Calabar ports, as well as the establishment of six new deep seaports: Ibom, Bakassi, Agge, Gateway, Ondo, and Bonny.

This development is seen as a positive step, as it is expected to alleviate congestion and delays. Maritime stakeholders have long complained about the disproportionate share of national cargo handled by one port, resulting in additional logistics costs.

Further details about the approved projects and their potential impact are available from the source.