Nigeria secures $600 million Maersk investment in seaport infrastructure

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Nigeria secures $600 million Maersk investment in seaport infrastructure

ABUJA - Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency said in a statement on Sunday.

"We believe in Nigeria, and we will invest $600 million in existing facilities and make the ports accommodating for bigger ships," the Nigerian presidency quoted Uggla as saying during the meeting. Tinubu said during the meeting that his government would support the modernisation and automation of its ports to improve trade, reduce corruption and boost efficiency.

 

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