The Minister of Blue and Marine Economy, Mr. Adegboyega Oyetola, has declared that Lekki Port is projected to unlock $200 billion in revenue for the government over its 45-year concession period.
The Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, has announced the Federal Government’s plan to end Nigeria’s reliance on fish importation by boosting local production and supporting youth and women with start-up grants in the fisheries sector.
The Federal Government has endorsed plans to expand dredging at Lekki Deep Seaport to increase its capacity for larger vessels and enhance cargo throughput.
The Regional Maritime Development Bank (RMDB) has officially commenced operations in Nigeria after 16 years in development, marking a transformative milestone aimed at boosting regional trade and advancing economic growth in the maritime sector.
Dubai-based DP World, operator of the Port of Dubai, has proposed establishing an industrial park at Nigerian ports...
The Infrastructure Concession Regulatory Commission (ICRC) has announced plans to finalize all Public Private Partnership (PPP) projects that have not progressed for over a year since receiving Federal Executive Council (FEC) approval.
The Federal Government aims to increase revenue generation from the blue economy, targeting an annual revenue of N2 trillion by 2027.
Adegboyega Oyetola CON received the consultant’s report for the implementation of Nigerian Port Community System (PCS) report from NPA.
The Federal Government has announced that it is considering re-establishing a National Shipping Line that is projected to add $10 billion dollars to Nigeria’s economy yearly.
President Bola Tinubu has appointed Alhaji Munirudeen Bola Oyebanji as the Managing Director / CEO, National Inland Waterways Authority (NIWA), while Mr Akutah Pius Ukeyima was appointed the Executive Secretary/CEO, Nigerian Shippers’ Council (NSC).
Adegboyega Oyetola has revealed that the Nigerian Ports Authority is gearing up to launch full automation and cargo tracking systems.
President Bola Tinubu has approved the appointment of Abubakar Momoh as the Minister of Niger Delta development.
