FG Targets Maritime Growth as Regional Port Investments Cross $27 Billion

Thenews_chronicle | 20-05-2026 01:01am |

At the midyear conference of the Port Management Association of West and Central Africa held in Lagos, government officials highlighted the significant increase in maritime investments across Nigeria and neighboring countries. The total investment in large port expansion projects has surpassed $27 billion, aimed at enhancing regional trade and logistics capabilities. This surge in investment is expected to bolster economic growth and improve the efficiency of maritime operations in West and Central Africa. The conference served as a platform for stakeholders to discuss strategies for maximizing the benefits of these developments.

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