APM Terminal Lauds Nigeria’s Tax Law, Says It Incentivises Investment

Speaking as a panelist during a session on ‘Financing Maritime Assets – Ports and Shipyards’ at the just concluded Nigeria International Maritime Summit 2022, Obadagbonyi said, “I am of the school of thought that funding of viable infrastructural projects is not an issue in terms of availability of cash. There is a lot of private equity and multilateral funding available if the projects are well positioned and investors have line of sight to their payback.

Speaking further, he said, “I think with more publicity and engagement with private stakeholders, a lot of some of these challenges that are bedevilling us with investing in port infrastructure can be fixed. For instance, we have great tax laws that incentivise investment in this country.

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