FG to invest $1.1 billion in six port rehabilitation

 

The Federal Government has unveiled plans to invest $1.1 billion in rehabilitating six ports across Nigeria, including TinCan, Apapa, Rivers, Delta, Calabar, and Onne ports. 

The Nigerian Ports Authority (NPA) revealed that this investment aims to address the decaying infrastructure of ports that were built a century ago and have not been reconstructed since then. 

The rehabilitation will include reconstructing quay walls, pavements, and other essential components, enabling the deployment of modern cargo handling equipment. 

The NPA anticipates that this initiative will significantly reduce vessel turnaround times, enhance ports' efficiency, and bring the existing ports to full operational capacity.