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The Track News Nigeria > Blog > Top Story > Nigeria Secures £746M UK Port Deal as Tinubu, Starmer Meets
Tinubu meets Starmer
Top Story

Nigeria Secures £746M UK Port Deal as Tinubu, Starmer Meets

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Last updated: March 19, 2026 4:59 pm
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Published: March 19, 2026
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President Bola Ahmed Tinubu on Thursday held high-level talks with United Kingdom Prime Minister Keir Starmer in London, as both countries moved to deepen economic cooperation and strengthen bilateral ties.

According to a statement by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, the discussions are expected to culminate in the signing of several Memoranda of Understanding (MoUs) covering trade, investment, defence, and cultural partnerships.

A major highlight of the visit is a £746 million financing agreement involving UK Export Finance, the Nigerian Ports Authority, and the Federal Ministry of Finance.

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READ ALSO: UK Extends Suspension of Middle East Flights Till Monday

The deal will support the rehabilitation of two major maritime facilities, the Lagos Port Complex (Apapa Quays) and the Tin Can Island Port Complex, as part of efforts to modernise Nigeria’s transport and trade infrastructure.

“The discussions underscore Nigeria’s commitment to strengthening ties with the UK, attracting foreign investment, and promoting infrastructure-driven economic growth,” the presidency said.

The Tinubus were earlier received by King Charles III and Queen Camilla at Windsor Castle, marking the formal commencement of the state visit.

The Nigerian delegation included top government officials, among them Senate President Godswill Akpabio, Attorney General and Minister of Justice Lateef Fagbemi, Ministers of Finance, Trade, Culture, Communications, Defence, and other key security and intelligence officials.

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