The Governing Board of the Nigerian Shippers’ Council (NSC) has welcomed the proposed $600 million investment by APM Terminals in Nigeria’s maritime sector, commending its high operational standards that set a benchmark for port operations in the country.
During a familiarisation visit to APM Terminals in Apapa, NSC Executive Secretary Dr. Pius Akutah stated that the reinvestment comes at a critical time when the Federal Government is actively seeking foreign direct investment into the sector. He emphasised the Council’s ongoing oversight of operators to ensure compliance, innovation, and improved performance.
Akutah noted that many operators are already aligning with NSC directives to modernise facilities, innovate, and adopt technology. He praised APM Terminals for its operational strides, particularly in export growth, which has risen by about 30 percent. He expressed optimism that Nigeria will achieve a more balanced trade position in the coming years, addressing the persistent deficits caused by heavy reliance on imports.
While exports remain largely commodity-driven, Akutah highlighted emerging diversification opportunities. “It is encouraging to see increased export activity, even if it is still largely raw materials. With the Dangote Refinery now exporting petroleum products, we expect further progress. In addition, the manufacturing sector holds strong potential, particularly under the African Continental Free Trade Area, which provides a unified platform for trade across the continent. We are confident that Nigeria will soon expand its footprint in exporting manufactured goods across Africa,” he stated.
NSC Board Chairman Dr. Ibrahim Shema reaffirmed the Council’s commitment to its statutory role as the nation’s port economic regulator. He stressed that collaboration across the maritime value chain is essential for achieving efficiency and competitiveness. The Council will continue working with key stakeholders to enhance service delivery and position Nigeria as a maritime hub for West and Central Africa, in line with the Renewed Hope Agenda. He urged shippers, shipping lines, and terminal operators to deepen cooperation.
Shema noted the government’s seriousness about generating revenue through the sector and expressed confidence that foreign investors are interested in committing more resources. The Board was encouraged by indications of prospective investments by the terminal operator.
APM Terminals Apapa Managing Director Kamal Alhraishat highlighted the terminal’s deployment of electronic data interchange systems, replacing manual, paper-based processes with digital solutions. This facilitates seamless exchange of standardised business documents such as invoices, bills of lading, and cargo status updates. Alhraishat described the transition as a significant leap in operational management.
