World & BusinessOgun State and DP World sign MoUs for $7 billion seaport and economic zone projects
Ships & Ports reports that President Bola Tinubu pledged regulatory clarity, policy stability and a predictable business environment for investors at the signing in Paris.
TLDR
Ships & Ports reports that Ogun State and ports operator DP World signed memoranda of understanding for the Gateway Deep Seaport and Ogun State Blue Marine Special Economic Zone, describing the agreements as $7 billion deals. At the Paris signing, President Bola Tinubu assured domestic and international investors of the federal government's commitment to regulatory clarity and stable policies.