You are building a "Hormuz" in Nigeria
1. About 90–95% of Nigeria’s export trade by value passes through Lagos and the South-West,
2. About 75–85% of Nigeria’s import trade by value passes through Lagos and the South-West.
3. About 95–99% of Nigeria’s merchandise (goods) trade by value moves by sea. Exports: 98.99% by maritime transport. Imports: 94.74% by maritime transport
If anything happens to Lagos, and the roads and rails in Apapa, Nigeria will starve, and almost all industries will close down; it's not hyperbole. Look at the numbers above
Thus, the FGN should open up the nation's trade routes and build redundancies. This is not tribal; it's trade
In May 2023, the Federal Government signed an agreement with Imo State and the Nigerian Navy to dredge the Oguta/Orashi River, which will open up the South East to the Atlantic via Degema
Dredging this river, and any river, to open up the Eastern waterways would, and I quote President Tinubu, "help decongest the Lagos port corridor, reduce pressure on the Apapa and Tin Can Island ports, and lower costs and delays for importers, exporters, and consumers."
Today, the FGN has moved on from this project in Imo State and the Abia State Azumini project; the South East Governors developed the projects, but the FGN has moved on
I have a simple ask: is President Bola Tinubu facilitating road, rail and power connectivity, strengthening investment security and our maritime domain, and removing unnecessary bureaucratic obstacles for any port outside the South West of Nigeria
I ask so I can be educated.
Regards