Top Story

Nigeria and Abu Dhabi Ports Group Sign Landmark Maritime Deal

"This 20-year-in-the-making agreement marks a renewed commitment to deepening economic ties between Nigeria and the UAE, with a focus on modernizing port infrastructure and improving operational efficiency"

671


Nigeria has taken a significant step towards boosting its maritime sector with the signing of a Memorandum of Understanding (MoU) between Abu Dhabi Ports Group and the Federal Ministry of Marine and Blue Economy.

The Nigerian Ports Authority (NPA), in a post on its official X handle on Sunday stated: “The agreement, signed on the sidelines of Abu Dhabi Sustainability Week, aims to enhance collaboration in ports development, maritime logistics, and digital solutions.”

According to Persecondnews, the Abu Dhabi Sustainability Week, brought together global leaders, policymakers, investors, innovators, and civil society actors to promote sustainable development, renewable energy solutions, climate resilience, and inclusive economic growth.

The Nigerian delegation, led by Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, briefed President Bola Tinubu on the MoU’s strategic importance, highlighting its potential to drive growth in Nigeria’s maritime and blue economy sectors.

Abu Dhabi Ports Group Chairman Mohamed Hassan represented the UAE, while NIMASA Director-General Dr Dayo Mobereola was also present.

“This 20-year-in-the-making agreement marks a renewed commitment to deepening economic ties between Nigeria and the UAE, with a focus on modernizing port infrastructure and improving operational efficiency,” the statement added.

The partnership is expected to unlock new opportunities for investment, capacity building, and technological advancement in Nigeria’s maritime industry.

Author

See also  Alleged Stolen 48m Crude Oil Barrels, Whistleblower’s fee: NNPC’s Counsel, Afe Babalola (SAN) Heads To Court

Leave a comment

Related Articles

DSS to Arraign Ex-AGF Malami on Terrorism Charges on May 26

The Federal High Court in Abuja has scheduled May 26 for the...

DMO Report: Nigeria’s Public Debt Hits N159.27 Trillion at Year-End 2025

Nigeria’s combined public debt for the federal and state governments reached N159.27...

World Bank Unveils ‘Water Forward’ to Deliver Water Security to 1 Billion People by 2030

The World Bank Group has launched an ambitious global initiative aimed at...

New Heights: Nigeria Now Generates N3.6trn Monthly Under Tinubu’s Reforms

President Bola Tinubu’s reform has skyrocketed Nigeria’s monthly revenue by 411 per...