Oyetola Unveils Major Port Expansion to Make Nigeria West Africa’s Trade Hub

The Minister of Marine and Blue Economy said Nigeria is fast-tracking deep seaport projects and maritime reforms. These moves aim to boost supply chain resilience and strengthen the country’s position as a leading logistics hub in West and Central Africa. Approvals are in place for additional deep seaports, channel dredging, and comprehensive infrastructure upgrades at existing terminals. The federal government is also rolling out digital solutions like the National Single Window to streamline cargo clearance across agencies. Maritime security has improved through initiatives such as the Deep Blue Project, which the minister credits with eliminating piracy and boosting investor confidence in Nigerian waters. Coordinated policies and better inter-agency collaboration have cut vessel waiting times and reduced logistics bottlenecks. At the regional Port Management Association meeting in Lagos, industry leaders highlighted over $27 billion in sub-Saharan port investments. Delegates were urged to explore new blue economy avenues—renewable marine energy, aquaculture, and sustainable fisheries—to maximise long-term growth.

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