The Governing Board of the Nigerian Shippers’ Council (NSC) has welcomed a proposed $600 million expansion plan by APM Terminals Apapa, describing it as a strong signal of growing investor confidence in Nigeria’s maritime and port sector.
The development was highlighted during a familiarisation visit by the NSC Board to the APM Terminals Apapa facility in Lagos on Thursday.
Chairman of the NSC Board, Dr Ibrahim Shema, said the council remains committed to its regulatory role in overseeing port economic activities and will continue to promote cooperation between stakeholders to improve efficiency and competitiveness in the sector.
He noted that stronger collaboration between government and private operators is essential for positioning Nigeria as a leading maritime hub in West and Central Africa, adding that investor interest in the sector continues to grow.
Shema also praised the proposed expansion, stating that the level of private sector involvement reflects confidence in ongoing reforms and the government’s efforts to improve revenue generation through port operations.
The Executive Secretary of the NSC, Dr Pius Akutah, said the council is strengthening oversight across the maritime industry to ensure compliance, improved performance, and greater use of modern technology in port operations.
He explained that many operators are already adopting digital systems and modernising their facilities in line with regulatory expectations.
Akutah also commended APM Terminals Apapa for its performance, noting a reported 30 percent increase in export cargo volumes, which he said indicates progress toward a more balanced trade structure for Nigeria.
He added that opportunities under the African Continental Free Trade Area (AfCFTA) could further boost Nigeria’s export capacity, especially in manufacturing and petroleum-related products.
According to him, the proposed investment aligns with government efforts to attract foreign direct investment and modernise port infrastructure to support long-term economic growth.
Managing Director of APM Terminals Apapa, Mr Kamal Alhraishat, said the terminal has already adopted electronic data interchange systems to replace manual processes, improving efficiency, transparency, and coordination across the logistics chain.
He added that the company remains committed to continued investment in technology and infrastructure to strengthen Nigeria’s trade performance and competitiveness.
