• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Wednesday, March 18, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home National

FG Approves £1 Billion Modernisation Initiative for Lagos Ports

Nathaniel Irobi by Nathaniel Irobi
October 23, 2025
in National
0
FG Approves £1 Billion Modernisation Initiative for Lagos Ports

FG Approves £1 Billion Modernisation Initiative for Lagos Ports

0
SHARES
7
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Federal Government has sanctioned a modernisation initiative for the ports in Lagos, amounting to one billion US dollars, while also initiating the procurement process for the enhancement of other seaports beyond Lagos.

Minister of Marine and Blue Economy, Adegboyega Oyetola, made this announcement yesterday during the 2025 Chartered Institute of Logistics and Transport (CILT) Nigeria Conference, which focused on “Enhancing Logistics and Transport for a Sustainable Blue Economy in Nigeria,” held in Lagos.

RelatedPosts

2027 Elections: Tinubu Sets March 31 Resignation Deadline for Aspiring Appointees

Tinubu to Visit UK: First Nigerian State Visit to London in 40 Years

2027: Nigeria Doesn’t Conduct Elections, People Snatch, Grab, Run With Power – Controversial Lawyer Dele Farotimi

Represented by the Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, the Minister stated that the current port modernisation efforts aim to upgrade infrastructure, enhance cargo handling efficiency, and expand capacity to align with global standards.

“We are collaborating closely with all stakeholders to establish a paperless, technology-driven port environment that promotes efficiency, reduces turnaround times, and mitigates corruption,” Oyetola remarked.

He further elaborated: “In line with this commitment, the Federal Government has approved a one billion US dollar modernisation project for the Lagos ports, a significant initiative aimed at upgrading infrastructure, enhancing cargo handling, and expanding capacity to meet international standards.

“Additionally, the procurement process has begun for similar modernisation projects at ports outside Lagos, ensuring balanced development across our maritime gateways,” he added.

Oyetola explained that these initiatives demonstrate the administration’s resolve to enhance logistics performance and competitiveness within the marine and transport sectors, positioning Nigeria as a preferred hub for maritime trade and investment.

ALSO READ:  DisCos Raked in N570 Billion in Q3 2025: NERC

He noted that through strategic interventions such as the Deep Blue Project, Nigeria has maintained a record of zero piracy incidents over the past three years.

“Since the establishment of the Ministry, we have prioritised strategic reforms and institutional strengthening. With the Deep Blue Project and other initiatives, we are securing our maritime domain to foster investment and reduce the cost of doing business.”

Tags: Modernisation
Previous Post

NURTW Boss Backs NAWOJ Kaduna’s New Leadership

Next Post

Edo Government to Recruit 3,000 Teachers

Nathaniel Irobi

Nathaniel Irobi

Related Posts

2027 Elections: Tinubu Sets March 31 Resignation Deadline for Aspiring Appointees

2027 Elections: Tinubu Sets March 31 Resignation Deadline for Aspiring Appointees

by Nathaniel Irobi
March 17, 2026
0

President Bola Tinubu has directed all political appointees under his administration who intend to contest elective offices in the 2027...

Tinubu to Visit UK: First Nigerian State Visit to London in 40 Years

Tinubu to Visit UK: First Nigerian State Visit to London in 40 Years

by Nathaniel Irobi
March 16, 2026
0

President Bola Ahmed Tinubu is heading to London, United Kingdom, for a historic state visit, the first by a Nigerian...

INEC Plans for 2027 Polls

2027: Nigeria Doesn’t Conduct Elections, People Snatch, Grab, Run With Power – Controversial Lawyer Dele Farotimi

by Nathaniel Irobi
March 16, 2026
0

  Controversial lawyer and unrepentant human rights rights activist, Dele Farotimi, says Nigeria’s electoral process is a “hollow ritual” that...

Next Post
Edo Government to Recruit 3,000 Teachers

Edo Government to Recruit 3,000 Teachers

Regional Ministry Collaborates with EU on Security, Empowerment

Regional Ministry Collaborates with EU on Security, Empowerment

Recommended

Ireti Kingibe: ADC Suspends Wuse Ward Chairman, Two Others

Ireti Kingibe: ADC Suspends Wuse Ward Chairman, Two Others

2 days ago
Carrick Unfazed by Scholes’ Criticism Ahead of Villa Clash

Carrick Unfazed by Scholes’ Criticism Ahead of Villa Clash

4 days ago

Popular News

  • CSOs Ask NUJ, NAWOJ To Probe Tozali TV Boss’ Allegations

    CSOs Ask NUJ, NAWOJ To Probe Tozali TV Boss’ Allegations

    0 shares
    Share 0 Tweet 0
  • AIG Tunji Disu Appointed as New IGP

    0 shares
    Share 0 Tweet 0
  • Coalition Rallies Behind Defence Minister, Rejects Removal Demands

    0 shares
    Share 0 Tweet 0
  • IWD 2026: Kaduna’s Sole Female Council Chair Champions Gender Equality

    0 shares
    Share 0 Tweet 0
  • Appeal for Tax Relief for Nigeria’s Paramilitary Agencies

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (818)
  • Education (262)
  • Entertainment (348)
  • Health (241)
  • National (3,164)
  • News (9,823)
  • Opinion (416)
  • Politics (1,962)
  • Science (15)
  • Security (413)
  • Sports (648)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform