Maersk to Invest $600 Million to Expand Nigeria's Lagos Port | Vantage with Palki Sharma

Nigerian President Bola Tinubu is in Saudi Arabia's capital, Riyadh, to attend the special session of the World Economic Forum. Tinubu met with Maersk chair Robert Maersk Uggla on the sidelines on the forum. Maersk has announced that it will invest an additional $600 million in Nigeria. This is on top of its existing $2 Billion investment in the country. Maersk plans to expand the infrastructure at the Lagos port complex. Both Tinubu and Maersk's chair want bigger ships to be able to dock in Lagos. Nigeria is Africa's most populous country, and therefore it is a growing market for all types of goods. Maersk wants to capitalise on that demographic dividend, and its willing to put money on Nigeria's future prospects.

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Maersk | Nigeria | Lagos Port | Investment | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#maersk #nigeria #lagosport #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

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