NPA Urges Private Investment for Port Expansion

Abubakar Dantsoho, managing director of the Nigerian Ports Authority, emphasized the need for private investment to support the expansion of Nigeria’s port infrastructure. He stated that the federal government alone cannot finance the development of larger and deeper seaports.

Dantsoho made the statement during a session at the World Ports Conference in London, where he highlighted the country’s growing population and infrastructure gaps as potential areas for investment. He noted the importance of enhancing port capacity to handle increased cargo volumes and larger vessels.

The Nigerian Ports Authority’s call for private sector involvement comes as part of broader efforts to modernize the country’s maritime infrastructure. Dantsoho stressed the urgency of addressing these challenges to meet rising demand for port services.