NEXIM secures $400m facility to develop Burutu port, others

Speaking at the Naval Headquarters in Abuja on Wednesday, NEXIM Managing Director, Abubakar Bello, said the bank, in a renewed determination to ensure the success of the project, engaged multilateral institutions which culminated in the signing of an MoU with Afreximbank.

In his remarks, the Chief of the Naval Staff, Vice Admiral Awwal Gambo, said the MoU on the Burutu Port, which was abandoned by the colonialists in the 1920s was a dream come true.