Despite a whooping N4.3 billion spent in rehabilitating Lagos port access roads, there is still no improvement in the state facility, making the evacuation of cargoes extremely difficult.
Bonded terminals in Lagos have lamented the loss of over N300 billion to port terminals stoppage of stemmed import containers from Apapa port in four weeks. Some terminal operators had issued an embargo stopping import cargoes in Apapa port from being stemmed to bonded terminals and Inland Container Depot (ICD) from December 2022. According to […]
As the year begins with a new government expected to come in May, stakeholders are expecting a positive, efficient and effective maritime sector in 2023.
Despite the huge capital expended on ports’ reforms by the Federal Government to make seaports efficient and attractive to investors, the country is still battling with challenges in ports’ administration such as delays.
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news.