The Nigerian Ports Authority has disclosed that the Federal Government is planning to set up another deep seaport in the next three to four years.
The Managing Director of NPA, Muhammad Bello-Koko, said this in an interview with Nigerian Ports Today, a quarterly publication of the agency.
Giving an update on the recently approved Badagry deep seaport, Bello-Koko said that proposals had been received for the establishment of other seaports in the country.
The NPA boss, however, disclosed that the agency had witnessed an increase in revenue by over 60 to 70 per cent in 2023. Bello-Koko said in the last eight years, the agency had been able to capture more of the cargoes that were going to neighbouring countries