President Bola Tinubu has secured a six hundred million dollar investment from Danish shipping and logistics firm. The deal is to help in expanding port infrastructure to accommodate more container shipping services in Nigerian ports. Chairman of the Danish shipping and logistics firm A.P Moller-Maersk, Robert Maersk Uggla, disclosed the decision during a meeting with President Tinubu on the sidelines of the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh, Saudi Arabia, on Sunday.
The presidential spokesman Ajuri Ngelale in a statement made available to newsmen expressed the president’s determination to encourage more opportunities for revenue expansion and minimize trans-shipments from larger ships to smaller ships On his part, President Tinubu however, appreciated the firm for its contributions to the Nigerian economy.