Bakassi Deep Seaport Compliance Certificate Issued
Analysis based on 11 articles · First reported Dec 18, 2025 · Last updated Dec 18, 2025
The approval and certification of the Bakassi Deep Seaport are expected to attract approximately $3.5 billion in private sector investment, significantly boosting Nigeria's maritime and logistics sectors. This development will create jobs, expand economic opportunities for Nigeria — Cross River State and Nigeria, and position Nigeria as a competitive maritime hub in West and Central Africa.
The Bakassi Deep Seaport project in Nigeria — Cross River State, Nigeria, has achieved a significant milestone with the Nigeria — Executive Council's approval and the subsequent issuance of a Certificate of Compliance by the Minister of Marine and Blue Economy, Gboyega Oyetola, to Governor Bassey Otu. This Public–Private Partnership project is projected to attract around $3.5 billion in private investment and is seen as a crucial step in advancing Nigeria's maritime and blue economy agenda. The project aims to serve as a new maritime gateway for Nigeria's North-Central and North-East regions, as well as a major logistics hub for West and Central Africa, creating thousands of jobs and diversifying the economy. Both Governor Bassey Otu and Minister Gboyega Oyetola emphasized the project's alignment with President Bola Tinubu's Renewed Hope Agenda and its potential to boost livelihoods and economic activities.
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