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The Federal Government of Nigeria has authorized the construction of a deep water port in Lagos State for 2.5 billion dollars. This is the Port of Badagry project which was already awarded a full business case certificate by the Infrastructure Concessions Regulatory Commission (CICR) last April. Estimated at $2.5 billion, the project will be developed over an area of 496 hectares. The port infrastructure will have a container terminal with 2,470 m of quay length, a bulk terminal with 560 m of quay length, an OSB terminal with 360
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