Lagos Receives Approval for $2.5 Billion Deep Seaport Project *Signs MoU with Del York to build media, film city Segun James Lagos State government has received the approval of the federal government for the Ba
Lagos State government has received the approval of the federal government for the Badagry Deep Seaport ProjectThe approval authorises and provides legal basis for the concession of the Badagry Deep Seaport, following the issuance of the Full Business Case Certificate by the Infrastructure Concession Regulatory Commission last April.
The training, which would be conducted in collaboration with the Lagos State Technical and Vocational Education Board would provide a Needs-based technical and vocational education to over 16,000 young people between ages 15 and 35. “The deal with Siemens and GIZ, which are German companies, is another promise made and promise kept. We gave a commitment to this partnership because of the conviction we have for its necessity. Thousands of Lagosians will be trained with industry-required skills for the future of work at our Vocational Training College. We are excited because we are not only transferring skills to people in Government, but private citizens as well.
Sanwo-Olu also signed an agreement with Del York International Group for the entertainment giant to develop a purpose-built Lagos Film City and ancillary infrastructure to reposition Lagos as the hub of entertainment. Speaking at the signing ceremony, Sanwo-Olu shared his excitement at the prospect of the impending investment into the state, as he recounted the recent history of the project and the fact that the signing was the culmination of 18 months of diligent effort by the Del York team and members of the Lagos State Government.
The Lagos film and media city was envisioned as a sanctuary for leisure, entertainment, and learning; a place where film and all types of creative industry professionals can live, work, learn and play in a peaceful and conducive environment with best-in-class facilities intermingled with appurtenances that support a modern sustainable city.