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FEC approves construction of $2.6 billion new badagry seaport

The federal government has approved the construction of a new seaport in  badagry,  lagos state.

The seaport to be constructed over five years is expected to cost 2.6 billion dollars.

The Minister of information and culture, lai Muhammed  stated this while briefing state house correspondents after the  federal executive council meeting.

As State house correspondent  Ikharo Attah reports the federal government has  also approved multilateral competent authority agreement to avoid evasion by multinational companies.

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