The Nigerian Ports Authority has unveiled a $1 billion reconstruction plan for major ports
The Nigerian Ports Authority (NPA) intends to invest $1 billion to rebuild existing ports and build new deep seaports.
Initiatives include the implementation of the Port Community System (PCS) and the National Single Window, which will result in greater revenue and remittance.
The NPA aspires to boost port competitiveness and establish Africa’s marine logistics hub.
Additional initiatives include encouraging exports, establishing barge operations, licencing export processing terminals, and increasing ship calls.
The Lekki Deep Sea Port, Nigeria’s first fully automated port, aims to serve landlocked neighbouring countries while increasing cargo handling capacity.