Category: Tin-Can Ports

NPA secures $700m facility from Citibank to rehabilitate Apapa, Tin-Can Ports

The Nigerian Ports Authority (NPA) has negotiated a loan of $700million from the Citibank to be funded by the UK Export Finance (UKEF) an export credit agency, to rehabilitate the Apapa and Tin-Can Island ports, Lagos. The Ports Authority has also opened a discussion with another funding agency to secure financing for upgrading of the […]

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