To ensure the Ibom Deep Sea Port (IDSP) is a truly viable and beneficial investment, and to avoid the repetition of the error of TINAPA TOURISM PROJECT in Cross River State, Akwa Ibom State, alongside its federal and private partners, must critically address a series of deep and challenging questions. These go beyond the superficial benefits and delve into the long-term sustainability, risks, and true alignment with state development goals.
Here are some critical questions the state should definitively answer before sinking significant further investment into the IDSP:
1. Market & Demand Validation (Long-term, Post-Completion)
What is the definitive, independently verified long-term cargo throughput forecast for the IDSP (containers, bulk, liquid, general cargo), considering the completion of other deep sea ports in Nigeria (e.g., Lekki Deep Sea Port) and evolving regional trade patterns?
2. Infrastructure & Connectivity Assurance (Beyond the Port Gates)
Is there a legally binding, fully funded, and phased commitment from the Federal Government to construct the vital standard gauge rail link from the IDSP to Aba and ultimately to the national rail network and northern markets?
3. Financial Viability & Risk Management
What is the definitive, independently audited financial model for the entire IDSP project (including the port, IIC infrastructure, and required external linkages like rail), detailing revenue streams, operational costs, and projected profitability over a 20-50 year horizon?
4. Human Capital & Local Content Integration
What is the comprehensive, independently verified plan for workforce development that guarantees Akwa Ibom indigenes will possess the specific, certified skills required for high-level technical, operational, and managerial roles within the IDSP and IIC?
5. Environmental & Social Governance (ESG)
What are the definitive, publicly available Environmental and Social Impact Assessments (ESIAs) for the entire project, including detailed mitigation plans for potential impacts on coastal ecosystems, fishing communities, and public health?
6. Security & Stability
What is the comprehensive and continuously updated security strategy for the IDSP, its associated infrastructure, and the IIC, addressing maritime security (piracy), land-based security (theft, vandalism, kidnapping), and industrial security?
By meticulously addressing these questions with transparent, evidence-based answers and committing to the necessary actions, Akwa Ibom State can significantly bolster confidence in the IDSP investment and lay a truly solid foundation for its long-term success and transformative impact.
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