Cross River State Governor, Ben Ayade, has signed the transaction advisory agreement for the Full Business Case of the construction of the Bakassi Deep Seaport.

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The transaction advisory agreement is between the state government and a Canadian firm, CPCS Transcom Limited.

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Under the terms of the agreement, CPCS is expected to deploy its expertise in the areas of transaction structuring, public-private partnerships, financial and economic modelling, as well as engineering and social and environmental advisory in the execution of the project.

This is according to a statement issued recently.