Terminal, Ports Authority Seal $60m Green Ports Agreement

3 Min Read
  • Green Ports Agreement signed in New York during Global African Business Initiative

  • Onne Port set to become Nigeria’s first green port

  • Project to be fully funded by APM Terminals

The West Africa Container Terminal (WACT)–APM Terminals Nigeria and the Nigerian Ports Authority (NPA) have entered into a $60 million agreement to advance decarbonisation within Nigeria’s port and transportation system.

The memorandum of understanding (MoU) was signed in New York at the Dutch Consulate during the Global African Business Initiative, establishing a roadmap to electrify containerised freight in line with the policies of the Federal Ministry of Marine and Blue Economy.

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At the signing, the Chief Executive Officer of APM Terminals Nigeria, Mr Frederik Klinke, said Nigeria is strategically positioned to lead West Africa’s transition to low-carbon logistics.

 

“We believe that Nigeria is ideally situated to lead West Africa’s transition to low-carbon logistics by electrifying its container transport sector,” Klinke said. “Our research shows us that the country can leapfrog fossil-fuel infrastructure by adopting proven electric technologies.”

 

Managing Director of NPA, Dr Abubakar Dantsoho, described the deal as a milestone that would place Nigerian ports at the forefront of sustainable operations on the continent.

 

“By this development, the Onne Port will be the first green port in Nigeria and thereby promote decarbonisation within the transportation ecosystem. This will also make Nigerian ports the leader on the continent in terms of sustainable port operations,” Dr Dantsoho said.

 

He noted that the agreement, wholly funded by APM Terminals, will serve as a model for other African countries to emulate.

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The initiative builds on a study presented at the Decarbonising Infrastructure in Nigeria Summit in Abuja, which highlighted the potential of electrified container freight to unlock private investment, create skilled jobs and ensure reliable energy supply.

Managing Director of the West Africa Container Terminal, Mr Jeethu Jose, stressed that public-private collaboration remains key.

“Our investments are for our shared future and for the people living in the region, and we look forward to driving this project with our stakeholders in the port industry,” he said.

 

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