TERMINAL operators have invested over $1 billion in Nigeria’s port industry since the concession programme began two decades ago, with Ports and Terminal Multiservices Limited (PTML) alone contributing more than $250 million.
PTML’s Managing Director, Ascanio Ruso, highlighted the significant improvements in infrastructure and operations, along with a planned expansion to increase cargo handling capacity.
Senator Wasiu Eshinlokun emphasized the importance of effective implementation of the National Policy on Marine and Blue Economy, noting that state governments play a crucial role in areas like fisheries and coastal tourism.
He affirmed the National Assembly’s commitment to supporting the policy’s objectives to promote economic growth and social inclusion.