PTML Invests $50M to Boost Lagos Port
from Nigeria News Today | 2 Min News | The Daily News Now!
PTML, part of the Grimaldi Group, is pouring $50 million into upgrading its Lagos terminal—aiming to transform Nigeria into West and Central Africa’s premier maritime hub. With expanded berthing space and cutting-edge equipment, the terminal will handle the world’s largest container and RORO ships, boosting trade, jobs, and government revenue. Grimaldi’s managing director affirmed Nigeria’s strategic potential, aligning with the government’s push for private-sector-led port modernization. Minister Oyetola hailed the investment as a major endorsement of maritime reforms, signaling Nigeria’s rising role in regional shipping and logistics. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/c305481bdf7ca218
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