Nigeria Urged to Develop More Seaports to Boost Economy
The article highlights Nigeria's struggling maritime sector due to issues like gridlock, inefficiency, and corruption at ports, particularly Apapa. Despite recent improvements, the lack of infrastructure and decentralization has led to economic losses and increased logistics costs.
The call for developing more seaports like Calabar, Port Harcourt, and Warri is crucial to boost competitiveness and reduce losses. Reports indicate Nigeria loses billions daily due to poor infrastructure, benefiting neighboring countries like Benin Republic.
The need for a strategic approach to port development to enhance trade and economic growth is emphasized.
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