Report: Maersk says no $600m investment deal signed with Nigeria

Officials of A.P Moller-Maersk, a Danish shipping company, say there is no $600 million investment deal with the Nigerian government,According to Ngelale, Robert Uggla, chairman of A.P Moller-Maersk, made the investment commitment during a meeting with President Bola Tinubu on the sidelines of the World Economic Forum in Saudi Arabia.n a report on April 29, the publication said officials of the company said such a deal does not exist.

“Maersk has been present in Nigeria for 35 years and, as a global provider of logistics services, we remain committed to develop opportunities for growth to people, the port sector and businesses locally,” the company said. “Therefore, it is natural to have an ongoing dialogue with the administration. However, we are not able to comment on any investment talks.”Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria secures $600m investment from Maersk to expand seaport infrastructureNigeria has secured a $600 million investment from A.P Moller-Maersk, a Danish shipping and logistics company, for seaport infrastructure
Source: thecableng - 🏆 2. / 80 Read more »

Maersk declines to comment on purported $600m Nigerian investmentOfficials of Moller-Maersk, however, have declined to comment on the said investment as announced by the Nigerian government, according to a report by England-based shipping publication Lloyd's Limit.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Tinubu Secures $600m Investment From A.P Moller-Maersk — PresidencyPresident Bola Tinubu has secured a $600m investment from Danish shipping and logistics firm A.P Moller-Maersk, the presidency said on Sunday.
Source: channelstv - 🏆 7. / 63 Read more »

Tinubu secures $600m seaport infrastructure investment with shipping giant MaerskPresident Bola Tinubu has secured an investment of $600 million from Danish shipping and logistics company A.P. Moller-Maersk to expand existing port infrastructure to accommodate more container shipping services in Nigerian ports. Chairman of A.P. Moller-Maersk, Mr.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Tinubu secures Maersk’s $600mn investment for Nigeria’s ports infrastructureThe Nation Newspaper Tinubu secures Maersk's $600mn investment for Nigeria's ports infrastructure
Source: TheNationNews - 🏆 6. / 69 Read more »