Nigeria, German Firm Signs MoU on Funtua Dry Port Project

The Equatorial Marine Oil & Gas, EMOG, and a German firm, GAUFF engineering company, on Wednesday, February 24, signed a Memoranda of Understanding,MoU, on the Funtua Dry Port.

The MoU, which was signed by EMOG chairman, Umaru Mutallab and his GAUFF counterpart Uwe Gauff in Abuja, is expected to bring into reality the dry port project which has been on board for the past 12 years.

Mutallab said that handling of the project has really been challenging but there has been a lot of support from the local and state governments.

EMOG Managing Director, Usman Iya- Abbas, said that the purpose of the project was to develop the economic and agricultural importance of the country.

Besides, he said Funtua has all the raw materials needed for oversees business with availability of cotton, soya beans, maize and sorghum.

The managing director of GAUFF engineering, Paolo Balegno said that the level of attainment of the project by EMOG was encouraging and his company was willing to assist in any way possible.