Business/Economy

Dredge Calabar Port, Otu appeals to FG

Supreme Desk
10 July 2023 2:25 PM IST
Dredge Calabar Port, Otu appeals to FG
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Gov. Otu said the state had investment across the waterways and would welcome any investor willing to dry dock or engage in other port development enterprises that would boost economic activities at the ports.

Gov. Bassey Otu of Cross River has appealed to the Federal Government to dredge the Calabar Port and transform it into a shipping port, which would attract investors and tourists and boost revenue generation.

Otu made the appeal on Friday in Calabar, when he received the Calabar Port Manager, Mr.Festus Olumati, and his team.

The governor said it was important that the encumbrances hindering the dredging work at the port be settled out of court.

He charged the management of the port to take advantage of the existing synergy between the state government, the Navy, and other security agencies to draw more traffic to the facility.

“We are fully aware of the enormous economic potential of the port, and we will do our best to make it work so as to improve our economy through the generation of desired revenue.

“We are doing our best in terms of security.

“I want to assure you that with the collaborative efforts of the Navy and other security agencies in the state coupled with positioning a vessel at the estuary, criminal activities will be checked,” he said.

He urged the port management not to relent in their marketing drive and ensure that they met with the Chambers of Commerce and relevant stakeholders on the need to bring life back to the port.

He said the state had investment across the waterways and would welcome any investor willing to dry dock or engage in other port development enterprises that would boost economic activities at the ports.

Olumati informed the governor that his team had not relented in its aggressive marketing efforts, which were yielding more cargo berthing at the port.

He said prior to his taking over the control affairs at port, it was receiving four vessels monthly, adding that now they receive no fewer than 16 vessels in a month.

“After six years, the Calabar Port has received 34,000 metric tons of cargo, with a total cargo tonnage of 42 metric tons.

“These have translated into an increase in both revenue generation and cargo activities in the port, thereby generating employment opportunities,” the manager said.

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