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FG selects Borno as beneficiary of Dry Port

By on June 7, 2013

The Borno state Commissioner for Trade, Investment and Tourism, Dr. Asabe Vilita Bashir has said that in a bid to take advantage of Borno’s geographical location which gives it three international boundaries, the federal government, acting on representation from the state has approved the establishment of border free trade zone at Banki in Bama local government area of the state.

Dr. Asabe said that already, 500 hectare of land has been acquired for the project and the state government had paid and updated the licensing fees. He said it had also prepared the title deed of the land, and the site has been surveyed and demarcated

She said the Ministry is however facing the problem of inability to access the acquired land due to non-payment of compensation to the owners of the affected land.

According to the Commissioner, preparation of the environmental impact assessment report of the project which started in 2003 has not been completed yet. “Once these two hurdles are surmounted, the Ministry intends to commission the free trade zone so that the envisaged benefits can be derived from this project by our investors, business men, producers of goods and services and the general populace.” She explained.

She said following the decision of the Federal Government to establish Inland Container depot and freight station (Dry Ports) in some states of the Federation, Borno state was selected as one of the eight (8) beneficiaries and that the state government has put everything in place for the success of the project.