The Federal Executive Council has cleared three major Public-Private Partnership (PPP) projects worth N6.43tn: the Bakassi Deep Seaport ($2.27bn), Port of Ondo Deep Seaport ($1.14bn), and the 460MW Katsina-Ala Hydropower Plant ($878m).

The projects aim to boost maritime trade, industrial growth, and renewable energy, marking the second batch of PPP approvals this month under President Tinubu’s Renewed Hope Agenda.

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