In a major infrastructure push, the Federal Government of Nigeria has approved $1 billion (₦1.4 trillion) for the comprehensive modernisation of the Apapa and TinCan Island ports in Lagos. The announcement was made on October 21, 2025, as part of efforts to revamp Nigeria’s maritime sector and enhance trade efficiency.
The upgrade will include digitization of port operations, expansion of cargo handling capacity, and improved road and rail connectivity to reduce congestion. The initiative is expected to boost Nigeria’s competitiveness in regional and global trade, while also creating thousands of jobs in logistics, construction, and port services.
Minister of Marine and Blue Economy, Adegboyega Oyetola, stated that the project aligns with President Bola Tinubu’s Renewed Hope Agenda and will be executed through a public-private partnership model to ensure transparency and sustainability.
Stakeholders in the shipping and logistics industry have welcomed the move, calling it long overdue and vital for economic growth.
