The Federal Government has approved a $1 billion modernization project for Lagos ports and initiated procurement processes for upgrading other seaports nationwide.
Minister of Marine and Blue Economy, Adegboyega Oyetola, announced this during the 2025 Chartered Institute of Logistics and Transport (CILT) Nigeria Conference in Lagos, themed “Enhancing Logistics and Transport for a Sustainable Blue Economy in Nigeria.” Represented by the Nigerian Ports Authority (NPA) Managing Director, Dr. Abubakar Dantsoho, the Minister outlined plans to upgrade infrastructure, enhance cargo handling efficiency, and expand capacity to meet global standards.
Oyetola emphasized creating a paperless, technology-driven port environment to boost efficiency, reduce turnaround times, and curb corruption. The modernization efforts extend beyond Lagos, with procurement underway for similar projects at other ports to ensure balanced maritime development.
The initiatives aim to enhance Nigeria’s logistics performance and competitiveness, positioning the country as a hub for maritime trade and investment. Oyetola highlighted the success of the Deep Blue Project, which has maintained zero piracy incidents over the past three years, safeguarding Nigeria’s maritime domain and reducing business costs.