The Lagos State chapter of the All Progressives Congress, APC, has commended President Bola Tinubu’s official visit to the United Kingdom, highlighting its potential to boost Nigeria’s economic growth and secure a £746 million financing agreement for port infrastructure.
In a statement released on Wednesday, the party’s spokesperson, Seye Oladejo, said the visit is expected to deepen economic diplomacy and support critical infrastructure development, particularly within the maritime sector.
The APC noted that the trip will facilitate a major financing arrangement involving UK Export Finance, the Nigerian Ports Authority, NPA, and the Federal Ministry of Finance.
The £746 million agreement targets the rehabilitation of two principal facilities; the Lagos Port Complex (Apapa Quays) and the Tin Can Island Port Complex, aimed at modernising operations and improving trade efficiency.
Describing the initiative as a pivotal step toward positioning Nigeria as a leading maritime hub in West Africa, the party said the project will also contribute to broader economic growth.
“The President’s engagement in the United Kingdom provides a platform for high-level discussions with government officials, investors, and development partners on issues central to Nigeria’s growth, including infrastructure development, technology transfer, energy transition, education, security collaboration, and expanding opportunities for Nigerian businesses in global markets,” the statement said.
The Lagos APC further emphasized the United Kingdom’s role as a longstanding economic partner and key ally in Nigeria’s development agenda. The party expressed confidence that the visit would attract foreign direct investment, strengthen bilateral trade relations, and create employment opportunities for Nigerians.
Highlighting President Tinubu’s history of leveraging international partnerships during his tenure as Governor of Lagos State, the APC urged Nigerians to view the trip as a strategic move in economic diplomacy and national development.
Tinubu’s UK trip will boost Nigeria’s ports, economic diplomacy – Lagos APC
