The commitment was disclosed in Abuja during a courtesy visit by Denmark’s Ambassador to Nigeria, Jens Hansen, to the Minister of Marine and Blue Economy, Adegboyega Oyetola.
Hansen said the investment reflects Denmark’s long term confidence in Nigeria’s ports and logistics ecosystem, noting that APM Terminals operates in the Apapa and Onne ports, two of the country’s most strategic gateways for trade. He added that further investments are being considered to expand operations and improve efficiency.
The ambassador also congratulated Nigeria on its election into Category C of the International Maritime Organization Council, describing the outcome as recognition of the country’s growing influence in global maritime affairs.
Membership of the council, he said, gives Nigeria a platform to shape international maritime policy and participate in decisions on safety, security, and environmental protection.
Hansen expressed optimism that Nigeria would use its regional experience to advance international maritime cooperation, adding that Denmark and Nigeria share overlapping interests in the marine and blue economy.
“APM Terminals has invested approximately $1.2 billion in Nigerian ports, with plans to make further investments to expand its operations,” he said.
Beyond ports, Denmark signalled openness to deeper collaboration in renewable energy and green shipping. Hansen highlighted Denmark’s global expertise in wind energy and green maritime technologies and said his country is willing to share knowledge with Nigeria as it pursues more sustainable ocean-based growth.
Oyetola outlined reforms underway at the ministry, including the development of a National Policy on Marine and Blue Economy, port modernisation programmes, and the revitalisation of inland waterways.
He pointed to improved maritime security, which he said has led to the elimination of piracy in Nigerian waters and a significant reduction in incidents across the Gulf of Guinea.
Other priorities include fisheries and aquaculture development and the conservation of marine biodiversity. Together, the initiatives aim to position Nigeria as a competitive maritime hub in West Africa while aligning growth with sustainability, a balance that appears to be resonating with Danish investors looking to deepen their engagement in Africa.
Source: Africabusinessinsider