A.P Moller Maersk
A.P Moller Maersk

The presidency has revealed that President Bola Tinubu has secured a $600million dollars investment from Danish shipping and logistics firm A.P Moller-Maersk.

The deal is to help in expanding port infrastructure to accommodate more container shipping services in Nigerian ports.

Presidential spokesman Ajuri Ngelale in a statement said the Chairman of A.P Moller-Maersk, Robert Maersk Uggla, disclosed the decision during a meeting with President Tinubu on the sidelines of the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh, Saudi Arabia.

On his part, Tinubu appreciated the firm for its contributions to the Nigerian economy.

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