ICRC at PMAWCA Meeting in Lagos as Stakeholders Push for Lower Port Costs and Port Infrastructure Expansion
LAGOS, NIGERIA – MAY 22, 2026
The Infrastructure Concession Regulatory Commission (ICRC) has participated in the Port Management Association of West and Central Africa (PMAWCA) meeting in Lagos, where stakeholders called for urgent measures to reduce port costs and expand critical port infrastructure across the region.
The meeting brought together maritime regulators, port administrators, government officials, and private sector operators to deliberate on strategies aimed at improving efficiency, competitiveness, and regional trade integration within West and Central African ports.
Speaking at the event, representatives emphasized the need for sustained investment in port infrastructure, modernization of facilities, and the deployment of technology to ease congestion and reduce delays that contribute to high operating costs.
The stakeholders noted that excessive port charges, inadequate infrastructure, and operational bottlenecks continue to affect trade facilitation and economic growth within the sub-region.
The ICRC highlighted the importance of Public-Private Partnerships (PPPs) in driving infrastructure development and attracting private sector investment into the maritime sector. The Commission reaffirmed its commitment to supporting initiatives that would improve port efficiency and create a more business-friendly environment.
Participants at the meeting also stressed the need for stronger regional collaboration among member states to harmonize port operations, improve logistics chains, and enhance competitiveness against global maritime hubs.
Industry experts at the forum maintained that expanding port infrastructure and reducing associated costs would not only boost trade volumes but also strengthen economic integration under the African Continental Free Trade Area (AfCFTA).
The PMAWCA meeting is expected to produce recommendations that will guide policy reforms and investment strategies aimed at transforming ports across West and Central Africa into efficient gateways for regional and international trade.
