The Federal Government has given the inexperienced mild for a $1 billion Lagos Port Modernisation Project as a part of ongoing efforts to improve Nigeria’s maritime infrastructure and enhance seaport operations nationwide.
The Minister of Marine and Blue Economy, Adegboyega Oyetola, introduced this on the 2025 Chartered Institute of Logistics and Transport (CILT) Nigeria Conference in Lagos, themed “Enhancing Logistics and Transport for a Sustainable Blue Economy in Nigeria.”
Represented by the Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, Oyetola defined that the Lagos Port Modernisation Project is a central part of the federal government’s plan to make Nigeria’s maritime trade globally aggressive by way of enhanced infrastructure, environment friendly cargo dealing with, and the usage of good know-how.
“We are working closely with all stakeholders to achieve a paperless, technology-driven port environment that enhances efficiency, reduces turnaround time, and curbs corruption,” he acknowledged.
He famous that the $1 billion Lagos port improve will function a reference level for related tasks throughout the nation, including that the federal government has begun the procurement course of for port modernisation in different areas to advertise balanced growth throughout all maritime corridors.
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Oyetola mentioned the initiative aligns with the Federal Government’s aim to enhance logistics efficiency, strengthen commerce competitiveness, and set up Nigeria as a key maritime commerce and funding hub in West Africa.
He additionally cited the success of the Deep Blue Project, which has helped the nation file zero piracy incidents prior to now three years, boosting safety and investor confidence within the maritime sector.
“Since the establishment of the Ministry, we have focused on reform and institutional strengthening. Through initiatives like the Deep Blue Project, we are safeguarding our maritime domain, encouraging investment, and reducing the cost of doing business,” Oyetola added.
