Maritime experts have cautioned that Nigeria must urgently consolidate its recent port reforms or risk losing its strategic trade advantage to neighboring West African countries. Speaking at an ...

Gentrification refers to the influx of wealthier individuals into urban areas, leading to increased property values, ...

especially with new infrastructure like the Lekki Deep Sea Port providing transshipment opportunities. Ilogu also urged the Ministry of Marine and Blue Economy and the Ministry of Transportation ...

Director General, Nigeria Mining Cadastre... An expert has disclosed that the newly-completed Lekki Deep Sea Port worth $1.5 billion would spur competition and create cheaper services for Nigerians.

especially in the Niger Delta and Southeastern states bordering the sea, similar to the Build, Own, Operate and Transfer Lekki Deep Sea Port in Lagos.” ...

The maritime sector, handling most of Nigeria’s import and export activities, stands to benefit from faster port clearances, improved trade financing, and direct shipping links like the Chinese-backed ...

He noted that the newly established Lekki Deep Sea Port presents a significant opportunity for indigenous shipowners to transport cargo to other parts of the country at a reduced cost.

The company is currently building the Lekki Deep Sea Port in Nigeria. The project is a concessional build-own-operate-transfer contract, of which 45 years are for operations. CHEC has invested $1.1 ...