The Federal Government has given the green light for a $1 billion Lagos Port Modernisation Project as part of ongoing efforts to upgrade Nigeria’s maritime infrastructure and improve seaport operations nationwide.
The Minister of Marine and Blue Economy, Adegboyega Oyetola, announced this at 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 Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, Oyetola explained that the Lagos Port Modernisation Project is a central component of the government’s plan to make Nigeria’s maritime industry globally competitive through enhanced infrastructure, efficient cargo handling, and the use of smart technology.
“We are working closely with all stakeholders to achieve a paperless, technology-driven port environment that enhances efficiency, reduces turnaround time, and curbs corruption,” he stated.
He noted that the $1 billion Lagos port upgrade will serve as a reference point for similar projects across the country, adding that the government has begun the procurement process for port modernisation in other regions to promote balanced development across all maritime corridors.
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Oyetola said the initiative aligns with the Federal Government’s goal to improve logistics performance, strengthen trade competitiveness, and establish Nigeria as a key maritime trade and investment hub in West Africa.
He also cited the success of the Deep Blue Project, which has helped the nation record zero piracy incidents in the past three years, boosting security and investor confidence in the maritime sector.
“Since the establishment of the Ministry, we have focused on reform and institutional strengthening. Through initiatives like the Deep Blue Project, we are safeguarding our maritime domain, encouraging investment, and reducing the cost of doing business,” Oyetola added.