The Federal Government has unveiled plans to expand Nigeria’s port infrastructure as part of efforts to position the country as a major trade and logistics hub in West and Central Africa.
The Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this on Monday during the opening of the Mid-Year Session of the Board of Directors of the Port Management Association of West and Central Africa (PMAWCA) in Victoria Island, Lagos.
Speaking at the event themed, “Ports of the Future: Combining Logistical Resilience with Inclusive Community Development,” Oyetola said the government had approved the development of additional deep seaports across the country to improve supply chain resilience and strengthen Nigeria’s competitiveness in the global maritime industry.
“Approvals have therefore been granted for the development of additional deep seaports across the country to complement existing infrastructure, strengthen supply chain resilience, and reinforce Nigeria’s position as the preferred maritime and logistics hub for West and Central Africa,” Oyetola said.
According to the minister, the administration of President Bola Ahmed Tinubu is focused on modernising existing port infrastructure through upgrades, digital transformation and improved operational efficiency.