shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Obaseki Says Benin River Port Will Enhance Economic Diversification

Obaseki Says Benin River Port Will Enhance Economic Diversification

by Joshua
May 21, 2022
in Featured, News

Gov. Godwin Obaseki of Edo says the development of the Benin River Port will guarantee the diversification of the nation’s economy from oil into to non-oil sector such as agriculture and agro-allied businesses.

Obaseki

This is contained in a statement by the governor’s Special Adviser on Special Media, Mr Crusoe Osagie, which was made available on Friday in Benin.

Obaseki said the Benin port on completion, would place the country on the path to sustainable economic growth.

According to him, the project will facilitate the export of agricultural produce thereby boosting export earnings and stimulating economic growth and development.

He said the port, upon completion, would also decongest traffic in Lagos port and facilitate the distribution of goods produced in Edo to other parts of the country.

The governor, who condemned the country’s over dependence on oil, called for increased investment in agriculture to achieve food security, create jobs and improve the livelihoods of citizens.

Read Also:  Amaechi To Kogi Gov: You are young, I am more experienced than you

He said, “The reason we are building the Benin River Port is because of its huge economic benefits to Edo and Nigeria.

“The port will become the closest port to the heart of the country, so that we will be able to act as a sponge to get whatever we are producing here across other parts of the country.”

Obaseki said his government is investing in palm oil production to drive its economy, adding “we cannot continue to depend on crude oil.

“Our over-reliance on oil has not increased our global competitiveness. We must intensify efforts to diversify the economy away from oil.

“Last week, Indonesia and Malaysia banned the export of oil palm. Specifically, for us in Edo, agriculture is key because food production is our priority.

“First, let’s feed ourselves and the extra we have, we will use it to trade.

“For palm oil, we intend to finish with the ground treatment and the allocation in Ovia Local Government Area of the state, to make it work.

“At that point, we would have about 200,000 hectares under cultivation,” he said.

shippingposition

Kindly like us on Facebook


Tags: Obaseki

Related Posts

NPA Bags NASS PAC Transparency Award

NPA Bags NASS PAC Transparency Award

July 12, 2025
Nigeria Customs Says Claim Of Form ‘M’ Migration Charges False

Nigeria Customs Says Claim Of Form ‘M’ Migration Charges False

July 12, 2025
NCMDLCA Faction Distances Self from Amiwero’s Court Action, Backs CRFFN on POF Collection

CRFFN Showcases Reform Milestones, Dismisses Court Ruling Misinterpretation

July 12, 2025
NCMDLCA Faction Distances Self from Amiwero’s Court Action, Backs CRFFN on POF Collection

NCMDLCA Faction Distances Self from Amiwero’s Court Action, Backs CRFFN on POF Collection

July 12, 2025

Latest News

NPA Bags NASS PAC Transparency Award

NPA Bags NASS PAC Transparency Award

July 12, 2025

Nigeria Customs Says Claim Of Form ‘M’ Migration Charges False

CRFFN Showcases Reform Milestones, Dismisses Court Ruling Misinterpretation

NCMDLCA Faction Distances Self from Amiwero’s Court Action, Backs CRFFN on POF Collection

Customs Intercepts ₦9.2bn Worth of Fake Bedroom Booster, Others

Customs, NAFDAC Inaugurate Implementation Committee for 2024 MoU

Nigeria Customs Intercepts Container with Over 10,000 Donkey Genitals

Senate Hails Adeniyi’s Election as WCO Council Chair, Says It’s  a Major Win for Nigeria’s Global Trade Leadership

Oyetola Launches Door-to-Door’ Diplomacy for Nigeria’s IMO Council Bid

FG Urged To Link Warri-Itakpe Rail To Inland Ports, Road Networks

Red Sea Operation Rescues 4 More From Cargo Ship Sunk By Houthis

Shippers’ Council Set to Establish Border Information Centre at Idiroko, Bolster Trade Efficiency

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition