World Bank Ranks Apapa, TinCan Among Top Ports
The World Bank has ranked Apapa and TinCan ports among the world's top 20 improved container ports in the 2026 Container Port Performance Index (CPPI). This ranking reflects significant advancements in cargo handling efficiency and vessel turnaround times, driven by ongoing reforms from the Nigerian Port Authority (NPA) and the Federal Ministry of Marine and Blue Economy.
Dr. Abubakar Dantsoho, Managing Director of NPA, credited the achievement to the federal government's commitment to infrastructure development and creating an investor-friendly business environment.
The reforms are expected to reduce shipping costs and enhance supply chain reliability, thereby strengthening Nigeria's appeal to investors. The improvements come amid positive trade performance, with Nigeria recording a trade surplus of ₦7.54 trillion in the first quarter of 2026.
This trend began in 2024 and is supported by ongoing investments in technology and operational upgrades, including a $746 million rehabilitation project for Apapa and Tin Island ports, financed by UK export financing coordinated through Citibank during President Bola Tinubu's state visit to London in March 2026.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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