Port Modernization: NPA MD, Dantsoho ED Finance, Richard-Edet attend as Minister signs £746 million financing fund agreement 

The Managing Director, Dr. Abubakar Dantsoho and the Executive Director, Finance & Administration, Ms. Vivian Richard-Edet, attended the signing of the £746 million financing secured to modernize the decade-old port infrastructure at Apapa and Tin Can Island Ports.

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This information is contained on the official Facebook page of the Authority.

The Minister of Finance, Adebayo Olawale Edun signed the agreement with the UKEF, as the Authority continues to source additional funding options for eastern port development and equipment renewal.

This ambitious project will deepen the ports’ channels and accommodate modern cargo-handling equipment, enabling them to handle post-Panamax sized vessels.