FG approves N1bn for Ibaka port

Yemi Osinbajo

Ag President, Prof Yemi Osinbajo

Acting President Yemi Osinbajo, says that Federal Government has made provision of N1 billion in the 2017 budget for the development of Ibaka deep seaport in Akwa Ibom.

MOsinbajo said this in Uyo on Thursday while addressing a town hall meeting of government and people of the state.

The acting president’s visit was part of his consultation with people in the Niger Delta on how to maximise the gains of oil resources in the region.

The acting president, who was responding to myriads of complaints and requests by the people, said that budgetary provisions had also been made for the Itu–Calabar Federal Highway in 2016.

He said the Ministry of Petroleum Resources was working with the Amnesty Office to accommodate more youths from Akwa Ibom in the Presidential Amnesty Programme.

“I have heard all the requests. We must trust and give this government the patience that is required to put things right.

“We are working on modular refineries. Power stations must be established here. We must make our oil producing communities hub of petrochemical and gas industries.

“We must attract private investments. The biggest benefit is to attract more private investments to the state,” Osinbajo advised.