Nigeria’s Vice President, Kashim Shettima, has inaugurated a new $115 million terminal equipment at the Onne Seaport in Rivers State.
Represented by his Personal Assistant on Subnational Infrastructure, Mr. Musaddiq Mustapha, the Vice President said the new will aid infrastructure development and catalyze economic growth.
According to the Vice President, the new upgrade is expected to enhance the operational efficiency of the port and improve trade within Nigeria’s maritime sector.
The upgrade was spearheaded by the West Africa Container Terminal (WACT), a subsidiary of APM Terminals.
It included the installation of advanced terminal machinery, an upgraded administrative building, and a cutting-edge CCTV surveillance system.
“This equipment will open new opportunities for trade development in Nigeria’s maritime sector,” Shettima said.
He lauded WACT and its partners for their dedication to modernizing the port and ensuring its competitiveness.
Frederik Klinke, Managing Director of APM Terminals, highlighted the company’s strong safety record and its long-standing commitment to manpower development programs that benefit local communities.
He thanked the federal government for creating an enabling business environment that has allowed the terminal to thrive for nearly three decades.
In attendance was the Minister of Marine and Blue Economy, Mr. Gboyega Oyetola, who commended APM Terminals for its continued investment in the West Africa Container Terminal.
He assured that the ministry would continue to back modernization efforts aimed at reducing the cost of doing business in Nigeria.