President Bola Ahmed Tinubu on Monday met with United Kingdom Prime Minister Keir Starmer in London, where both leaders are expected to oversee the signing of a £746 million agreement aimed at upgrading Nigeria’s key port facilities.
The engagement, described as a strategic bilateral meeting, is focused on strengthening cooperation between Nigeria and the UK across multiple sectors, including trade, investment, defence, and culture.
According to a statement by presidential aide Bayo Onanuga, the visit reflects Nigeria’s commitment to attracting foreign capital and modernising critical infrastructure to drive economic growth.
Central to the talks is a financing agreement involving UK Export Finance, the Nigerian Ports Authority, and the Federal Ministry of Finance. The £746 million facility will be used to rehabilitate the Lagos Port Complex (Apapa Quays) and the Tin Can Island Port Complex, two of the country’s busiest maritime hubs.
Ahead of the meeting, President Tinubu and the First Lady were hosted at Windsor Castle by King Charles III and Queen Camilla, in a ceremonial reception highlighting longstanding ties between both nations.
Tinubu is accompanied by a delegation of senior government officials, including Senate President Godswill Akpabio; Attorney General Lateef Fagbemi; Finance Minister Wale Edun; Industry Minister Jumoke Oduwole; and National Security Adviser Nuhu Ribadu.
Other members include Dele Alake, Mohammed Idris, Bianca Ojukwu, Hannatu Musawa, Bosun Tijani, Christopher Musa, and Mohammed Mohammed.
The agreements expected from the visit are seen as a significant step toward enhancing economic cooperation and addressing infrastructure gaps in Nigeria’s maritime sector.
Leave a Reply