News

Lagos Port investment is economic genius not sabotage – APC replies opposition


‎The Lagos State chapter of the All Progressives Congress, APC, on Tuesday, condemned the laughable opposition claim that “neglecting Warri, Calabar, Onne, and Port Harcourt ports while spending $1 billion on Lagos port” amounts to economic sabotage.

‎It said the reckless statement only exposes the opposition’s chronic ignorance of basic economics and governance.

‎Mogaji Seye Oladejo, the spokesman of the state arm of the party, said the opposition’s loud opinions are rarely backed by facts, figures, or even a faint understanding of national policy direction.

‎Noting that the opposition is too lazy to learn, Oladejo said the Federal Government under President Bola Ahmed Tinubu’s Renewed Hope Agenda is not “neglecting” any port.

‎In a statement he signed, Oladejo said: “The $1 billion investment in the Lagos Deep Sea Port is part of a nationwide modernization blueprint designed to transform Nigeria into West Africa’s premier maritime hub.

‎”It is not a Lagos project – it is a Nigeria project, attracting foreign direct investment from China Harbour Engineering Company and Singapore’s Tolaram Group, both of whom saw in President Tinubu’s vision a business environment worth their billions.

‎”Meanwhile, the same administration is executing the following: Onne Port modernization, including equipment upgrade and digitalization; Dredging of Calabar Port, to increase draft depth and accommodate larger vessels; Rehabilitation of the Port Harcourt Port complex, under a new concessionary framework; and Warri Port corridor expansion, with new rail link integration to ease inland cargo movement.

‎”But of course, the opposition wouldn’t know this – they’re too busy tweeting ignorance and recycling talking points from the political dustbin.”

‎Oladejo said the $1 billion Lagos Port investment is not “sabotage”; it’s economic foresight.

‎”It’s about creating jobs, boosting exports, and ending decades of inefficiency that made Nigerian ports some of the most expensive in Africa,” he said.

‎Oladejo said the Lekki Deep Sea Port, Nigeria’s first fully automated port, is already redefining port management, increasing turnaround time, and boosting revenue to government coffers, adding: “It’s the kind of progress that threatens those whose only skill in politics is complaining without contributing.”

‎”The only sabotage here is the opposition’s attempt to weaponize regional sentiment against national progress. The tragedy is not that they don’t understand economics – it’s that they don’t care to learn.”





Source link

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *