Monday, September 28, 2026
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
  • Mails
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
  • Mails
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

FG approves modernisation of 4 eastern ports

Newsdesk Africa by Newsdesk Africa
September 28, 2026
in Business
0
FG Approves modernisation of Onne, Rivers, Delta, Calabar Ports
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Federal Government has approved the comprehensive modernisation and upgrade of Onne, Rivers, Delta and Calabar ports to improve efficiency, competitiveness and trade facilitation.

Dr Adegboyega Oyetola,the Minister of Marine and Blue Economy, announced this in a statement issued by his Special Adviser on Media and Communications, Dr Bolaji Akinola, and made available on Sunday in Lagos.

Oyetola said the approval complemented the earlier approval for the modernisation of Apapa and Tin Can Island ports in Lagos.

He said the initiative was part of the Federal Government’s broader strategy to reposition Nigeria’s maritime sector as a key driver of economic growth, trade, investment, industrialisation and employment.

According to him, the initiative aligns with President Bola Tinubu’s Renewed Hope Agenda, which prioritises infrastructure renewal and economic diversification.

Oyetola said expanding port modernisation beyond Lagos would help reduce cargo concentration at the Lagos ports by providing efficient alternative gateways for international trade.

He said upgraded infrastructure and modern equipment at the four ports would increase cargo-handling capacity, reduce vessel turnaround time and lower the cost of doing business.

The minister added that improved port efficiency would strengthen regional connectivity and national supply chains while making the movement of goods more predictable and cost-effective.

He said the latest approval was part of the wider expansion of Nigeria’s maritime infrastructure, including plans for six new deep seaports across the country.

“The new deep seaports include Ibom Deep Seaport in Akwa Ibom, Bakassi Deep Seaport in Cross River, Agge Deep Seaport in Bayelsa, Gateway Deep Seaport in Ogun, Ondo Deep Seaport in Ondo and Bonny Deep Seaport in Rivers.

“Combining modernisation of existing ports with the development of new deep seaports will significantly expand Nigeria’s maritime capacity and create stronger economic corridors across the country,” Oyetola said.

He said the government was working towards an integrated maritime and logistics system in which ports, roads, rail, and inland waterways would work together to facilitate the movement of cargo.

Oyetola said the government’s objective was to build an efficient, transparent, and globally competitive port system that would reduce the cost and time of moving goods across international borders and to inland destinations.

He reaffirmed the ministry’s commitment to working with state governments, terminal operators, investors, shipping companies, and other stakeholders to translate the projects into sustainable economic growth and job creation (NAN)

Previous Post

Umahi in N60bn contract issues

Next Post

FCCPC calls for improved capacity building on competition reporting, matters

Next Post
FCCPC calls for improved capacity building on competition reporting, matters

FCCPC calls for improved capacity building on competition reporting, matters

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
SERAP seeks court order to compel CBN disclose LGA fund details
Judiciary

SERAP gives CBN 7-days to account for allegedly diverted $6.23m election funds, others

by Newsdesk Africa
September 28, 2026
0

The Socio-Economic Rights and Accountability Project (SERAP) has given the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso,...

Read moreDetails
Tinubu’s lawyers, FBI, DEA urge US court to reject Greenspan’s FOIA case 

Tinubu’s lawyers, FBI, DEA urge US court to reject Greenspan’s FOIA case 

September 28, 2026
FCCPC calls for improved capacity building on competition reporting, matters

FCCPC calls for improved capacity building on competition reporting, matters

September 28, 2026
FG Approves modernisation of Onne, Rivers, Delta, Calabar Ports

FG approves modernisation of 4 eastern ports

September 28, 2026
2027: Umahi urges S’East to support  Tinubu’s re-election 

Umahi in N60bn contract issues

September 28, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng