Why Nigeria Needs to Become a Maritime Insurance Hub in West Africa

Nigeria is the maritime backbone of West Africa. Its coastline stretches over 850 kilometres and is home to strategically located ports including Apapa, Tin Can Island, Port Harcourt, Onne, Calabar, and Warri. Collectively, these ports handle the majority of regional maritime cargo traffic. In 2022, Nigeria’s ports handled a substantial number of vessel calls, with cargo throughput among the highest in West Africa. This is not an abstract volume; it represents concentrated economic activity dependent…

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