Lagos, Nigeria – Nigeria and other nations in West Africa and Central Africa committed over $27 billion to port infrastructure expansion projects on Monday, May 18, 2026.
Okay News reports that Nigerian Ports Authority Managing Director Dr. Abubakar Dantsoho disclosed the investment figures during the Mid-Year Session of the Port Management Association of West and Central Africa in Lagos.
Dantsoho, who serves as the association’s president, identified specific project allocations, including the $20 billion Simandou-Morebaya Deep Sea Port in Guinea, the $2 billion Port San Pedro in Côte d’Ivoire, and the $1.5 billion Lekki Deep Sea Port in Lagos. Port expansion projects are also occurring in Ghana and Senegal, alongside ongoing investments into the Apapa and Tin Can Island ports in Nigeria.
Nigeria’s Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, addressed the conference titled “Ports of the Future: Combining Logistical Resilience with Inclusive Community Development.” Oyetola said the Federal Government of Nigeria approved the development of additional deep seaports and is implementing maritime sector reforms.
Oyetola said the administration’s infrastructure initiatives include digital transformation and security upgrades across Nigerian waters.
