Delay in port concession renewals raises investor, revenue concerns

Businessday | 14-04-2026 07:13pm |

The Shipping Correspondents Association of Nigeria has warned that delays in renewing Nigeria’s port concession agreements are creating uncertainty in the maritime sector, with risks to investment, operations and government revenue. The concessions, largely signed in 2006 following port reforms implemented by the Nigerian Ports Authority, have begun to expire after running for between 10

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