APM Terminals Pledges $600 Million to Modernise Nigeria’s Port Infrastructure

Global port operator APM Terminals has announced a fresh $600 million investment in Nigeria’s maritime sector. The funds will focus on modernising Apapa Port, expanding logistics infrastructure, and deepening private sector participation. The pledge came during a meeting between President Bola Tinubu and APM Terminals executives at the Africa CEO Forum in Kigali. Company leaders highlighted growing confidence in Nigeria’s economic reforms and praised initiatives like the National Single Window for improving trade procedures. President Tinubu welcomed the investment, reaffirming his administration’s commitment to upgrading port technology, speeding up cargo processing, and eliminating structural bottlenecks. He said Nigeria’s market size, skilled workforce, and reform momentum make it an attractive destination for long-term infrastructure projects. In a related discussion, the President also explored partnerships with logistics and mining firms to link ports, transport networks, and processing facilities—aiming to boost industrialisation and strengthen Nigeria’s global trade competitiveness.

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