Business

APM Terminals plans $500 million investment in Apapa Port 

APM Terminals’ Global CEO, Mr. Keith Svendsen, has announced plans to invest $500 million in Apapa Port.  


Svendsen revealed this during a meeting with Minister of Marine and Blue Economy, Adegboyega, according to the ministry’s official X handle. 


The ministry’s X handle post also revealed that the minister stressed the government’s dedication to modernizing Nigerian ports for enhanced competitiveness against other ports across Africa.