Nigeria is moving ahead with plans to develop the Olokola Deep Seaport, following approval from President Bola Tinubu to facilitate the project with all support.

The port will be located in Olokola, a coastal area seen as important for boosting trade and economic growth. Because it is a deep seaport, it will be able to receive large ships, reduce pressure on existing ports, and improve cargo movement.

The project is expected to create jobs, support businesses, and attract investment to the region.

Next steps include setting timelines, securing funding, carrying out environmental studies, and starting infrastructure development. The government will also work with private investors and host communities as the project moves into full implementation.