He said the private sector would be able to provide a chunk of this investment to the tune of about N298.3 trillion.
The ICRC boss stated that despite inherent infrastructure challenges, the Calabar port had been able to find innovative ways of doing business.
Mr Ohiani assured the team of the commission’s commitment in public-private partnerships.
According to the presidency, Mr Shettima t is expected to avail Nigeria of the platform provided by the forum to woo investors.
“These projects, which cut across different sectors of the economy, will bring in private capital investment of N10.8 trillion.”
Mr Ohiani said FEC approved the renovation of the Burutu Port and the establishment of a Deep Sea Port in Delta state under Public Private Partnership (PPP).
The projects included the Eastern Offshore Waste Reception Facility, Central/Western Offshore Waste Reception Facility and a Floating Dry Dock.
The federal government says the Badagry seaport is estimated to generate about $2.6 billion and create 5,000 direct and indirect jobs.
“Even though we cannot eliminate 100 per cent crime and corruption, it will reduce the danger of having to run into security crises.”
