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Port Reform & Visa Easing: Nigeria, UK Seal £746m Landmark Deal to Unclog Trade Arteries

by Blessing Adeiyi
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Nigeria and the United Kingdom have finalised a series of landmark economic and migration agreements aimed at stripping away the bureaucratic bottlenecks that have long stifled bilateral trade.

The deal, cemented during President Bola Tinubu’s state visit to London this week, centres on a £746 million infrastructure package and a significant overhaul of the business visa regime, a move seen as a major win for the Federal Government’s economic diplomacy.

Digital Lifeline for Apapa and Tin Can

Nigeria’s maritime gateway is set for a radical transformation. The centrepiece of the agreement, a £746 million ($990 million) financing package, is targeted at modernising the Lagos Port Complex in Apapa and the Tin Can Island Port.

For years, the gridlock at these ports has been a primary driver of inflation and a nightmare for the organised private sector. Backed by UK Export Finance (UKEF) and coordinated via Citibank, the investment aims to transition the ports from manual processes to a fully automated, digital system.

A key component involves a £70 million contract for British Steel to supply 120,000 tonnes of specialised steel for rail and terminal upgrades. The goal is to slash vessel turnaround times from weeks to just days, re-establishing Nigeria as the pre-eminent hub for Atlantic trade.

‘Trusted Partner’ Visa Scheme

To address long-standing hurdles for investors, the two nations signed a Memorandum of Understanding (MoU) on the Expansion of Business Visas.

While the UK transitioned to a fully digital eVisa system for all Nigerian travellers on 25 February 2026, this new agreement goes further. It introduces a “Trusted Partner” status for UK-domiciled firms with verified, high-value interests in Nigeria. This status allows for:

  • Fast-tracked processing for executives and technical experts.
  • Removal of physical passport stickers for verified personnel.
  • Enhanced mobility for engineers and tech leads working on critical infrastructure projects.

Security and the ‘UK Letters’ Controversy

The trade incentives are coupled with a new three-year strategic plan on migration. In a significant administrative shift, the Nigeria Immigration Service (NIS) will now recognise “UK Letters” as valid travel documents for the repatriation of individuals without passports.

This move ensures that increased business mobility does not facilitate irregular migration. Furthermore, a new “Fusion Cell” intelligence model will see Nigerian and British banks sharing data to track the financial footprints of “Japa” fraud syndicates and organised immigration crime.

Feature Impact on Nigerians
Port Automation Lower costs for imported goods; faster clearing for exporters.
eVisa System No more physical stickers; all records are now digital as of Feb 2026.
Trusted Partner Major UK firms can bring in experts faster to finish local projects.
Fusion Cell Increased monitoring of suspicious bank transfers between UK and Nigeria.

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