FG approves upgrade of 4 ports
The Federal Government has approved the comprehensive modernisation and upgrade of four major ports in the eastern and southern corridors as part of measures to expand Nigeria’s cargo-handling capacity and reduce the concentration of maritime traffic around Lagos. The affected ports are Onne Port in Rivers State, Rivers Port, Delta Port and Calabar Port in […]
The Federal Government of Nigeria has given the green light for the modernization and expansion of four key ports in the eastern and southern regions. These ports, Onne Port in Rivers State, Rivers Port, Delta Port, and Calabar Port in Cross River State, will bolster Nigeria's cargo-handling capabilities and alleviate the reliance on Lagos as the primary maritime hub.
Minister of Marine and Blue Economy, Adegboyega Oyetola, announced this decision, stating it would broaden Nigeria's port infrastructure and create alternative shipping routes for importers and exporters. The upgraded ports are expected to enhance cargo efficiency, decrease vessel turnaround times, and improve regional connectivity, making the movement of goods more predictable and cost-effective.
Oyetola emphasized that expanding port infrastructure beyond Lagos would reduce cargo concentration around the busiest commercial center, fostering economic growth and attracting investments. The government's broader strategy includes developing new deep-sea ports such as Ibom, Bakassi, Agge, Gateway, Ondo, and Bonny ports, which will collectively increase the nation's capacity to handle growing trade volumes.
Oyetola highlighted that this comprehensive approach, involving the modernization of existing ports and the creation of new deep-sea facilities, combined with an integrated maritime and logistics network, would position Nigeria as a significant maritime and logistics hub in Africa.
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