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Buhari to commission Lekki port, rice mill, others, in Lagos next week

January 20, (THE PORTWAY) — President Muhammadu Buhari will be in Lagos State for a two-day working visit from Monday, January 23 and Tuesday, January 24, to inaugurate projects undertaken by the Governor Babajide Sanwo-Olu led administration. During the visit, the president will commission five...

UNCTAD report reveals world’s most efficient VLCCs, dry bulk and container ports

The United Nations Conference on Trade and Development’s (UNCTAD), today published its Review of Maritime Transport 2022. The 190-page review revealed critical data on the most efficient ports in dry bulk, containers and Very Large Crude Carrier (VLCCs) which as a matter of fact...

$1.5 billion Lekki Deep Seaport Construction now completed

The Chairman of the Lekki Port Board of Directors, Mr. Biodun Dabiri on Monday confirmed the completion of the $1.5 billion Lekki deep seaport in Lagos. Mr Dabiri who while speaking at the completion ceremony described the seaport as a ‘poster child’ for how...

OPEC raises Nigeria’s production quota for July

The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota for July to 1.799 million barrels per day (mbpd) to a new target of 27,000bpd higher than the approved quota of 1.772 mbpd for June. This decision was made known in...