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    Home » NPA, APM Terminals Sign $60m Deal to Electrify Container Freight in Nigeria
    Economy

    NPA, APM Terminals Sign $60m Deal to Electrify Container Freight in Nigeria

    Onne Port set to become Nigeria’s first green port under landmark decarbonization project
    Atoyebi AdenikeBy Atoyebi AdenikeSeptember 24, 2025No Comments2 Mins Read
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    Onne Port set to become Nigeria’s first green port under landmark decarbonization project
    Onne Port set to become Nigeria’s first green port under landmark decarbonization project
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    By Atoyebi Nike
    The West Africa Container Terminal (WACT)-APM Terminals Nigeria and the Nigerian Ports Authority (NPA) have signed a Memorandum of Understanding (MoU) to develop a $60 million roadmap to electrify containerised freight in line with the Federal Ministry of Marine and Blue Economy’s policies.

    The agreement, signed on Tuesday, commits APM Terminals to fully fund the project, which will advance Nigeria’s decarbonisation drive and reshape the country’s port and logistics ecosystem.

    Chief Executive Officer of APM Terminals, Frederik Klinke, said Nigeria was strategically positioned to lead West Africa’s low-carbon transition.
    “We believe that Nigeria is ideally situated to lead West Africa’s transition to low-carbon logistics by electrifying its container transport sector,” he stated.

    Managing Director of NPA, Dr Abubakar Dantsoho, described the partnership as a milestone that would make Onne Port Nigeria’s first green port.
    “This will also make Nigerian ports the leader on the continent in terms of sustainable port operations,” he said, adding that the project could become a continental model.

    Managing Director of WACT, Jeethu Jose, emphasised that long-term partnerships were vital for sustainable growth. “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.

    The initiative builds on a study presented at the Decarbonising Infrastructure in Nigeria Summit in Abuja in July, where experts noted that electrifying container freight could unlock private investment, create skilled jobs, and strengthen energy reliability.

    See also  PenCom Approves Dollar Pension Savings for Nigerians Abroad
    APM Terminals Container Freight decarbonisation Green Ports Nigeria trade NPA Onne Port
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    Atoyebi Adenike
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