Edo appoints transaction adviser for Benin River Port

Godwin Obaseki
Godwin Obaseki

 

Edo State Government has appointed a transaction adviser for the Benin River Port project.

The state governor, Godwin Obaseki who disclosed this in a statement in Benin on Monday, noted that the state hopes to conclude designs and fundraising for the project by 2021.

He said the project was germane for the state’s industrialization efforts, adding that construction work is expected to start at the project site by 2022.

According to the governor, “We have now appointed a transaction adviser to assist in getting the Benin River Port to actualization.

“Our hope is to complete all the designs and fundraising this year so that construction can begin early in 2022.”

He noted that the state government is to continue providing durable public infrastructure and a maintenance culture in government in the new year.

This is even as he noted that the state plans to restructure the civil and public service, adding that a lot of work has been done to make the state attractive for investors.

“We will prioritize development of road infrastructure, public buildings and many projects in our rural areas and urban areas.

“We commenced work for our second term with a comprehensive exercise to strengthen the ability of civil and public servants to deliver service to the people of Edo State.

“We are strengthening the processes, functions, institutions and personnel of the public service so that institutions not personalities will drive sustainable development in Edo today and in years to come.

“This reform exercise has started with over 1,400 vacancies declared that would be filled with young professionals who will utilize technology to enhance better service delivery to Edo people.”

“With the 55MW CCETC-Ossiomo Independent Power Plant, which is now operational, we will intensify our efforts to bring more industries to Edo, while we will continue to attract and support more investments in agriculture across the state,” he said.

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