APM Terminals has reaffirmed its commitment to Nigeria and plans to continue investing in the country’s port infrastructure to support trade and economic growth.
The commitment was discussed during the visit of Nigeria’s Minister of Marine and Blue Economy, Honourable Adegboyega Oyetola, and his delegation to Denmark. Discussions covered the possible extension of APM Terminals’ port concessions at Apapa and the West Africa Container Terminal in Onne. The visit also saw the signing of a Memorandum of Understanding for the development of a greenfield port project at Badagry. Vincent Clerc, Group CEO of A.P. Moller Maersk, signed the MoU on behalf of APM Terminals, alongside Didi Ndiomu, Managing Director of Badagry Port Development Ltd and Quinn McGrath Marine and Environmental Services Ltd.
Under the agreement, the parties will enter exclusive negotiations on the development of Badagry Port. The proposed deepwater port could expand Nigeria’s container handling capacity and strengthen its position as a major gateway for West African trade. Its deeper waters would allow larger container vessels to call at the country while creating more opportunities for transshipment and improving supply chain capacity.
APM Terminals said it will continue working on the development of the Badagry project. The company also sees further investment in its Apapa and Onne concessions as part of its long-term plans for Nigeria’s maritime sector.
Igor van den Essen, Managing Director of Africa and Europe at APM Terminals, said the company wants to support Nigeria’s growth as a regional trade hub. He noted that continued investment in Apapa and Onne, alongside the development of Badagry Port, could help ease pressure on existing city ports and create additional capacity for maritime trade.
The signing took place during Minister Oyetola’s visit to Denmark, where he held meetings with senior Danish government officials and representatives of the Danish maritime industry.
APM Terminals also welcomed the Nigerian government’s plans to expand trade, attract investment and strengthen the country’s position as a maritime gateway in West Africa. The company highlighted public-private partnerships as a way to support long-term investment in port infrastructure and improve Nigeria’s competitiveness in the maritime sector.
Didi Ndiomu said the proposed investment in Badagry Port would add new capacity to Nigeria’s maritime infrastructure and support the government’s plans to expand the country’s maritime economy.
source: APM Terminals
