October 28, 2026

FG APPROVES PORTS UPGRADE

FG APPROVES PORTS UPGRADE

 

The Federal Government has approved the comprehensive modernisation and upgrade of Onne, Rivers, Delta and Calabar ports.

 

Minister of Marine and Blue Economy Adegboyega Oyetola in a statement by his Special Adviser Bolaji Akinola, states that approval is in addition to the earlier approval for the modernisation and upgrade of Apapa and Tin Can Island ports in Lagos, underscoring Federal Government’s determination to develop a balanced, efficient and competitive national port system.

 

Oyetola said the latest approval formed part of the administration’s broader strategy to reposition Nigeria’s maritime sector as a major driver of economic growth, trade, investment and employment under President Bola Tinubu’s Renewed Hope Agenda.

 

He notes that improved infrastructure and operational efficiency at Onne, Rivers, Delta and Calabar ports would enhance cargo handling, reduce vessel turnaround times, improve regional connectivity and make the movement of goods more predictable and cost-effective.

 

This latest development, Oyetola emphasised, is in addition to Federal Government’s approvals for the development of new deep seaports, including the Ibom Deep Seaport in Akwa Ibom State, Bakassi Deep Seaport in Cross River State, Agge Deep Seaport in Bayelsa State, Gateway Deep Seaport in Ogun State, Ondo Deep Seaport in Ondo State, and Bonny Deep Seaport in Rivers State.