The Federal Government has secured a landmark £746 million financing agreement with the United Kingdom to deliver the most ambitious modernisation of Nigeria’s seaport infrastructure in nearly 50 years. Backed by UK Export Finance (UKEF), the historic deal will fund the comprehensive upgrade of the Lagos Port Complex Apapa and Tin Can Island Port Complex, the nation’s two busiest ports, which together handle more than 70 per cent of Nigeria’s imports and exports. The financing agreement is scheduled to be formally signed during President Bola Tinubu’s state visit to London on March 18–19, 2026, marking a deepening of economic cooperation between Nigeria and the UK while opening a new chapter in the country’s maritime development. In a statement issued by his Special Adviser, Dr. Bolaji Akinola, the Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, described the arrangement as a transformative milestone for Nigeria’s port system, noting that the modernisation represents the f...
President Bola Tinubu has departed Abuja for a state visit to the United Kingdom, in the company of his wife, Oluremi Tinubu. The visit is the first by a Nigerian president in 37 years. President Tinubu is also the first Nigerian leader to be hosted by the British monarch at Windsor Castle. Their flight left the Nnamdi Azikiwe International Airport, Abuja, at about 10: 00 am on Tuesday. They were seen off at the airport by a delegation led by the President of the Senate, Godswill Akpabio; the Minister of the Federal Capital Territory, Nyesom Wike, the Chief of Staff to the President, Femi Gbajabiamila, and other government officials. Members of the President’s entourage include Akpabio; Attorney General and Minister of Justice, Lateef Fagbemi; Minister of Solid Minerals, Dele Alake; Minister of Information and National Orientation, Idris Mohammed, Minister of State for Foreign Affairs, Bianca Ojukwu; Minister of Finance and Coordinating Minister of the Economy, Wale Edun; and Minister ...