Vice President Yemi Osinbajo on Friday inaugurated the Port Harcourt Dockyard Liquid Waste Treatment Plant in Rivers.
Osinbajo said that encouraging Public Private Partnership (PPP) and private capital investment, especially in commercially viable public infrastructure remained a major policy thrust of the President Muhammad Buhari administration.
“You are all aware of our Ease of Doing Business agenda, to make Nigeria one of the easiest and most attractive places to trade and invest in the shortest possible time,” he added.
The Vice President commended African Circle Pollution Management Limited, the company that built the plant, for being wholly indigenous.
“The construction of this modern waste treatment plant is in fulfilment of the provisions of the agreement the company signed with the Federal Government through the Nigerian Ports Authority (NPA).
“In line with that Built, Operate and Transfer agreement, the African Circle Limited agreed to build this facility, to provide facilities for liquid and solid waste created on both vessels for the navigation districts of Lagos, Port Harcourt, Warri, Calabar and Onne.
“The agreement, I am told, is for 20 years, and with the expiration of that period the facilities would be handed over to the NPA.”
The vice president reiterated the Federal Government’s commitment to a sustainable development agenda.
(NAN)