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Nigeria Secures £746M UK Investment to Modernize Ports

3/28/2026

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Story summary
  • Nigerian President Bola Tinubu announced a £746 million investment deal with the United Kingdom to upgrade the Apapa Quays and Tin Can Island ports.
  • The initiative aims to improve efficiency and reduce cargo dwell times, which currently average 18 to 21 days.
  • Experts warn that corruption and bureaucratic delays could undermine the effort.
  • Critics say modernization through digital processes may favor UK interests and raise costs for Nigerian consumers.