Nigerian Ports Head Sees 2016 Revenue Rising as Naira Floats

Updated on
  • Agency in talks with foreign investors to build Badagry dock
  • Dredging of waterways under way to attract larger vessels

Revenue from Nigeria’s ports may beat initial estimates this year after the country abandoned a peg on the naira in favor of a more flexible, market-driven exchange rate policy, to alleviate dollar shortages that had been hurting businesses.

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