Posted on March 5, 2025
The Federal Government has expressed its willingness to partner with DP World, operators of the Port of Dubai, to boost Nigeria’s port infrastructure and logistics capabilities.
Minister of Marine and Blue Economy, Adegboyega Oyetola, assured the delegation from DP World of the government’s commitment to welcoming investments that will modernise the nation’s port system.
During a meeting at the weekend, Oyetola emphasised the country’s readiness to support private-sector-driven developments, particularly in port management and industrial infrastructure.
“We have an extensive coastline and an abundance of lands suitable for the development of industrial parks,” he said, welcoming DP World’s proposal to establish an industrial park to complement port activities and enhance exports.
The minister further highlighted ongoing government initiatives aimed at making Nigeria a more attractive investment destination, including deepening port draughts to between 16 and 16.5 meters to restore the country’s status as a transshipment hub.
“Government is working to digitise and automate all port processes to reduce human and physical interface to the barest minimum,” Oyetola added, citing projects such as the Cargo Tracking System, Port Community System, and National Single Window to boost efficiency and reduce turnaround time. DP World’s delegation, led by Sultan Ahmed Bin-Sulayem, expressed strong interest in expanding its footprint in Nigeria.
“We operate in 48 countries with over 90 terminals worldwide and have a strong presence across Africa. We hope to deploy our expertise in Nigerian port systems if given the opportunity,” Bin-Sulayem stated.
The meeting signals a potential boost for the nation’s port sector, aligning with the Federal Government’s push to attract private investments for infrastructure development and efficiency improvements.
