BUA targets 2 million-ton imports with $85m port expansion

Also speaking, the Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has projected double-digit growth in cargo throughput and revenue from the $85 million expansion of its port and terminal facilities in Port Harcourt.

NPA expects double-digit cargo, revenue growth from BUA Port Investment – Dantsoho By Godwin Oritse BUA Group has said it is investing about $85 million in the expansion of its BUA Ports and Terminals facility in Port Harcourt as it prepares to handle more than two million tonnes of imported raw materials annually for its growing food business.“As you know, BUA Foods is operating in Port Harcourt, and BUA Foods is expanding, and by the time we are done with the expansion, inshallah, next year, we’ll be having almost over two million tonnes of products being imported as raw materials to Port Harcourt, and for that we need a terminal, we need a facility,” he stated.