The Seaport Critic Who Fears A Feasibility Study – By Pastor Prof Chukwuemeka Ifegwu Eke
THE SEAPORT CRITIC WHO FEARS A FEASIBILITY STUDY When pessimism masquerades as financial literacy Chief Eric Opah’s article raises legitimate questions about dredging, financing and commercial viability. Unfortunately, it commits the very economic error it claims to expose: reaching a final investment verdict before the feasibility study has produced its findings. That is not development economics. It is fortune-telling with a calculator. 😆😂 FIRST, ABIA HAS NOT STARTED BUILDING A SEAPORT Governor Alex Otti approved a feasibility study—not a construction contract, sovereign loan or blank cheque. The study is expected to examine: Dredging requirements Technical and environmental viability Port design…
