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Tin-can gridlock drives up trucking cost by over 100%

Tin-can gridlock drives up trucking cost by over 100% On By Godfrey Bivbere T he gridlock currently being witnessed at Tin-can Island Port, Apapa, Lagos, has driven up the cost of trucking consignments from the port to other parts of Lagos by over 100 percent. The cost of trucking consignments from Tin-can to Ikeja about two to three months ago used to be between N400,000 and N600,000 but with the worsening traffic situation, trucking cost to the same destination has gone up to between N1.2 million and N1.6 million. A trucker who operates at Tin-can port and an executive of Bateru General Agencies Limited, Yinka Aroyewun, in an interview with Vanguard, said that the trucking cost has continued to rise because of the difficulties associated with entry and exit at the port.

Nigeria s economic woes suffer more knocks as brigands, kidnappers take over high seas, waterways

Nigeria’s economic woes suffer more knocks as brigands, kidnappers take over high seas, waterways The Punch © Provided by The Punch Growing attacks on vessels in the Gulf of Guinea has had negative impact on the Nigerian maritime industry, JOSEPH OLAOLUWA reports: Seafarers have been at the centre of continued attacks orchestrated by pirates. These attacks have not only put several lives at risk but have also impacted the investment climate in the maritime sector. As in land routes, insecurity in Nigerian waters and the entire Gulf of Guinea has been like a growing wound that has continued to fester.

Nigeria s economic woes suffer more knocks as brigands, kidnappers take over high seas, waterways – Punch Newspapers

Punch Newspapers Sections Published 22 December 2020 Growing attacks on vessels in the Gulf of Guinea has had negative impact on the Nigerian maritime industry, JOSEPH OLAOLUWA reports: Seafarers have been at the centre of continued attacks orchestrated by pirates. These attacks have not only put several lives at risk but have also impacted the investment climate in the maritime sector. As in land routes, insecurity in Nigerian waters and the entire Gulf of Guinea has been like a growing wound that has continued to fester. Consequently, Chinese ships have been directed (by who?) to step up their vigilance in the Gulf of Guinea as part of efforts to check the menace of pirates.

Jubilation At Seme Border As Buhari Reopens 4 Nigeria s Land Borders

Spread the love (AFRICAN EXAMINER) – Jubilation erupted at the Seme border as President Buhari on Wednesday directed that 4 Nigeria’s land borders should reopen immediately. The ecstatic residents of the border town celebrated with their motorcycles, vehicles, blowing of horns, and pouring of water on each other to celebrate the announcement. President Buhari had on Wednesday directed that the nation’s land borders should be opened immediately after the weekly federal executive meeting. The presidency further disclosed in a tweet the list of the borders to reopen for business: “President Buhari has directed the immediate opening of four land borders: Seme, Illela, Maigatari, and Mfun.”

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