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The $700m port rehabilitation project billed to commence in the second quarter of 2025 has been delayed by a few months, The PUNCH understands.
In April, The PUNCH reported that the Nigerian Ports Authority secured a $700m loan from Citibank for the rehabilitation of the Apapa and Tincan Island Ports in Lagos.
The loan was funded by the UK Export Finance, an export credit agency.
Announcing this in a statement, the NPA said it had also opened…
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