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| Edo State Governor, Mr. Godwin Obaseki (middle); Chief of Staff to the Governor, Chief Taiwo Akerele (2nd right); Chairman, Benin City River Port Project Technical committee, Engr. Greg Ogbeifun (2nd left); members of the committee, Mr. Felix Ovbude (left), and Mr. Edward I. Osayande (right), during the inauguration of the committee at Government House, in Benin City, on Monday, December 2, 2019. |
The Edo State Governor, Mr. Godwin
Obaseki, has inaugurated the Benin City River Port Project Technical committee,
to propel the actualisation of the legacy project as part of the state’s
industrialisation drive.
During the inauguration of the
committee at Government House, in Benin City, the governor said the technical
committee would also monitor the implementation of the Benin City River Port
project.
committee at Government House, in Benin City, the governor said the technical
committee would also monitor the implementation of the Benin City River Port
project.
He said, “To further strengthen the
work done by the initial technical committee and further boost the economic
potential of the state, the inauguration of the Benin City River Port Technical
Committee cannot be over-emphasised in the development of an ultra-modern port
facility to meet international standards.”
work done by the initial technical committee and further boost the economic
potential of the state, the inauguration of the Benin City River Port Technical
Committee cannot be over-emphasised in the development of an ultra-modern port
facility to meet international standards.”
Obaseki tasked the
committee to fast-track its evaluation process so the financing for the project
could be readily accessed, adding, “Because of the progress we have made in
sourcing the financing for the project, the committee will review the
feasibility study, design and operational aspects of the port project.
committee to fast-track its evaluation process so the financing for the project
could be readily accessed, adding, “Because of the progress we have made in
sourcing the financing for the project, the committee will review the
feasibility study, design and operational aspects of the port project.
“The work of this committee is to
look at what has been done to date, ensure that the port aligns with the
original objectives and fast-track other works that need to be done.”
look at what has been done to date, ensure that the port aligns with the
original objectives and fast-track other works that need to be done.”
The governor said the terms of
reference for the committee would include organising a procurement process for
the engagement of a project transaction adviser within the next 60 days.
reference for the committee would include organising a procurement process for
the engagement of a project transaction adviser within the next 60 days.
He said: “You will work with the Project Transaction Adviser to determine
potential project sponsors and project structure and maritime model; examine
the project financing arrangement, introduce and commence correspondence with
the relevant regulatory authority.”
potential project sponsors and project structure and maritime model; examine
the project financing arrangement, introduce and commence correspondence with
the relevant regulatory authority.”
Chairman of the Technical Committee,
Engr. Greg Ogbeifun, thanked the governor for the opportunity to serve the
state.
Engr. Greg Ogbeifun, thanked the governor for the opportunity to serve the
state.
He assured the governor that the
committee would work with the terms of reference given, saying: “We will bring
to bear our experiences and skills and live up to the confidence reposed on
us.”
committee would work with the terms of reference given, saying: “We will bring
to bear our experiences and skills and live up to the confidence reposed on
us.”
The Nation.
