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Article

BUA Group invests $85 million to expand its Port Harcourt port terminal, boosting regional logistics and cargo capacity.

Business AM Jul 31, 2026
Read the original Article page

TL;DR

BUA Group is investing $85 million to add 600 metres of quay frontage to its Port Harcourt port and terminal operations.

The expansion aims to support BUA Foods' capacity expansion, which will import over two million tonnes of raw materials annually starting next year.

Intelligence

The Nigerian Ports Authority expects the expanded terminal to boost Port Harcourt's port activity by 13 to 14 percent, driving double-digit growth in cargo volumes and revenues.

This expansion signals a strategic push by major manufacturers to bypass Lagos port congestion and build dedicated logistics capacity in Nigeria's eastern maritime corridor.

By next year, when the terminal is completed, BUA's integrated supply chain will likely pressure agricultural and industrial competitors to seek similar logistics efficiencies outside of Lagos.

For the Nigerian Ports Authority, the projected 13% to 14% increase in port activity will focus regulatory and infrastructure resources heavily on Port Harcourt.

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No funding rounds were extracted from this article.

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Further reading

More on the companies named in this article.

Companies named

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People named

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