The All Progressives Congress in Lagos State has expressed optimism that the official visit of Bola Ahmed Tinubu to the United Kingdom will significantly strengthen Nigeria’s economic prospects and fast-track a £746 million port financing agreement.
In a statement issued on Wednesday, the party’s spokesperson, Seye Oladejo, said the visit is expected to deepen economic diplomacy and drive critical infrastructure development, particularly in the maritime sector.
According to the party, the trip will facilitate a major financing deal involving UK Export Finance, the Nigerian Ports Authority, and the Federal Ministry of Finance.
The agreement is expected to focus on the rehabilitation of key port facilities, including the Lagos Port Complex and the Tin Can Island Port Complex, with the aim of modernising infrastructure and improving trade efficiency.
The APC described the initiative as a major step toward positioning Nigeria as a leading maritime hub in West Africa, while also boosting economic growth and competitiveness.
It added that the visit highlights the administration’s commitment to strengthening international partnerships in line with its broader economic reform agenda.
“The visit provides an important platform for high-level engagements with government officials, investors, and development partners on issues critical to Nigeria’s growth, including infrastructure, energy transition, technology transfer, education, security collaboration, and global business opportunities,” the statement noted.
The party further emphasised that the United Kingdom remains a longstanding economic ally and key development partner to Nigeria, expressing confidence that the visit would attract foreign direct investment, enhance bilateral trade, and create jobs.
It also pointed to Tinubu’s track record of leveraging global partnerships during his tenure as Lagos State governor, noting that the current diplomatic outreach aligns with his development-driven leadership style.
The Lagos APC urged Nigerians to view the visit as part of a broader strategy for nation-building, stressing that sustained international engagement is crucial for long-term economic prosperity.
