Peter Obi, former governor and presidential candidate, has urged the Federal Government to decentralize port development beyond Lagos following its approval of $1 billion (about N1.5 trillion) for the modernization of Apapa and TinCan Island Ports.

In a statement on X, Obi said while upgrading Lagos ports is a positive step, continued concentration of port projects in the state leads to congestion, high logistics costs, and economic imbalance.

He noted that ports in Warri, Port Harcourt, Calabar, and Onne remain underutilized despite their potential to boost trade, create jobs, and ease pressure on Lagos. Obi added that true economic progress requires equitable infrastructure development across all regions.

Citing global models like Vietnam and South Africa, he stressed that countries with decentralized port systems enjoy better logistics and balanced growth. He also called for reforms to curb corruption, reduce bureaucracy, and promote a paperless port system to boost competitiveness.

Obi concluded that if managed transparently, the Lagos port modernization could serve as a model for nationwide maritime reform and support Nigeria’s shift toward a production-driven economy.

The post Peter Obi Urges FG to Expand Port Development Beyond Lagos appeared first on Housing TV Africa.

The Federal Government has approved $1 billion (₦1.4 trillion) to modernise the Apapa and TinCan Island ports in Lagos.

Minister of Marine and Blue Economy, Adegboyega Oyetola, announced this at the CILT Nigeria Conference, saying the project will enhance cargo handling, efficiency, and transparency.

He said the plan aligns with the ministry’s 10-year blue economy strategy and will extend to ports outside Lagos.

Oyetola added that the government is encouraging private investment through PPPs and regulatory reforms.

The post FG Approves $1bn for Lagos Ports Upgrade appeared first on Housing TV Africa.