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Cross River Government Ratifies Bakassi Deep Seaport Shareholders Agreement, Approves CNG, Electric Vehicles, Other Procurement

By Sylvia Akpan, Government House Correspondent The Cross River State Executive Council has moved towards developing the Bakassi Deep Seaport project by ratifying the shareholders’ agreement that governs the port’s ownership and operations. The agreement mandates the restructuring of Bakassi Deep Seaport Ltd., the Special Purpose Vehicle (SPV) established for the project. This is part

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