President Bola Tinubu’s economic diplomacy recorded another breakthrough on Thursday during strategic investment talks in Kigali, Rwanda.
His administration secured fresh investment commitments aimed at strengthening Nigeria’s maritime infrastructure and expanding private-sector participation.
Global port operator, APM Terminals, pledged 600 million dollars for major projects across Nigeria’s maritime and logistics sector.
The commitment was announced during the Africa CEO Forum, attended by business leaders, policymakers, and investors.
The meeting formed part of Tinubu’s broader campaign to attract foreign direct investment into Nigeria.
The News Agency of Nigeria reports that APM Terminals executives met with Bola Tinubu on the sidelines of the forum.
The APM Terminals’ delegation was led by Igor van den Essen, Regional President for Africa-Europe operations
Also present were Martijn Van Dongen, Head of Investments, and Frederik Klinke, APM Terminals Nigeria chief executive
Details of the engagement were disclosed by presidential spokesman, Mr Bayo Onanuga, in Abuja.
Van den Essen described Nigeria as one of the company’s most strategic investment destinations in Africa.
He said, “Nigeria remains central to our long-term growth ambitions across the African market.”
He explained that the fresh investment would support port modernisation and logistics transformation.
He said, “The planned investments will strengthen Apapa Port and improve operational infrastructure.”
According to him, funding will also support technology deployment and long-term efficiency improvements.
He said improved infrastructure would help reduce congestion and improve cargo turnaround times.
Van den Essen praised Nigeria’s economic reforms under Tinubu’s administration.
He said recent policy adjustments had created stronger investor confidence and renewed private-sector interest.
He added, “We are seeing clearer direction, stronger coordination, and encouraging policy consistency.”
Tinubu welcomed the company’s renewed confidence in Nigeria’s economy, describing the investment pledge as a strong endorsement of his administration’s reforms.
The President said, “Nigeria is prepared to compete with the best economies in the world.”
He stressed that modern infrastructure remained essential to unlocking economic growth.
Tinubu said outdated systems must give way to innovation and faster business processes.
He said, “Efficiency, technology, and transparency must define our ports and logistics sector.”
The President noted that Nigeria’s population and market size made it attractive for investors.
He said the country possessed abundant talent and expanding industrial opportunities.
