The Nigerian Ports Authority (NPA) has secured about $700million loan from Citibank for the of Apapa and Tin-Can Island Ports in Lagos.
In summary, the NPA’s successful securing of funding from Citibank represents a significant milestone in the ongoing efforts to revitalize Nigeria’s ports infrastructure. With plans underway for both the Lagos Ports and the Eastern Ports, the NPA is poised to undertake essential rehabilitation and reconstruction projects that will enhance the efficiency and competitiveness of Nigeria’s maritime industry.D
Daily Trust News
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