Operational cost incurred by companies on Apapa road is about to hit a new low as the connection of Lagos-Ibadan Railway to the Apapa port is a lifesaver for Nigerian companies that spend a arm and a leg to have their cargoes transit on the road.
For years, poor rail transport system had forced 90 percent of cargo to move by road, eating into the revenue of companies. That number is expected to drop due to the completion of the Apapa Port Break Bulk Line which connects the Lagos-Ibadan Railway.
The link between the Apapa Port Break Bulk and the Lagos-Ibadan Railway, which cost the Federal Government $1.58 billion, is a plus to Nigeria’s ease of doing business, indicating the seriousness of the government to make Nigeria a suitable environment for operation.