The Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, has met with officials of Citibank to discuss funding options for the rehabilitation of Apapa and Tin-Can Ports.
According to Bello-Koko’s personal X handle, the meeting with Citibank was a follow-up with other global reference lenders aimed at exploring various financing options for the port modernization programme.
He said “My team and I met with the Managing Director and Global Head of Export and Agency Finance of Citibank, Richard Hodder, to discuss low-cost financing for the Tin-Can and Apapa Port modernization projects. This was a follow-up meeting with other global reference lenders.
“We will continue to explore different options for financing the port modernization programme to revamp our port infrastructure and superstructures for competitive advantage in the region,” the MD said.