Connect with us

Business

Terminal commits N126bn on facilities

Published

on

APM Terminals has invested over $350 million (N126 billion) on the development and modernisation of its terminal at the Lagos Port Complex Apapa. The investment, according to the company’s Head of Government, Stakeholder Relations and Communications of APM Terminals Apapa, Austin Fischer, covers the development of container handling, stacking yards, container inspection facilities, sophisticated and ultramodern cargo handling equipment and information technology.

 

Also included ar the automation, human resources, a world class training centre, simulator and rail sidings. Fischer said that the company had commenced work on the provision of modern cold chain transportation alternatives for farmers in the agricultural centers of northern Nigeria to bring fresh produce intact and unspoiled to market centers in Lagos. He disclosed this at a capacity building workshop held in Lagos for public relations managers and journalists covering the Nigerian maritime sector.

 

Fischer noted that an estimated 15 million metric tons of Nigerian-grown perishable goods, including onions, potatoes, tomatoes, peppers, okra, ginger and carrots, were lost annually due to poor logistics infrastructure and high transportation costs through spoilage and product damage.

 

Fischer said: “Ongoing investments by APM Terminals in cold chain transportation are demonstrating ways to reduce post-harvest losses, and extend the shelf life of fresh produce to local consumption and export.

 

Also, CEO of Ships & Ports, Bolaji Akinola, whose company organised the workshop, said that the maritime sector was crucial to the attainment of Nigeria’s economic aspirations.

 

He said with the country having vast coastline measuring about 850 kilometres, an Exclusive Economic Zone (EEZ) of well over 300,000 square kilometers, 3,000 kilometres of navigable inland waterways, six major seaports, 11 oil terminals, over 170 private jetties, rewarding career and business opportunities beckon on discerning minds.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Take advantage of our impressive online traffic; advertise your brands and products on this site. Call

 

For Advert Placement and Enquiries, Call:

Mobile Phone:+234 803 304 2915

 

Online Editor: Michael Abimboye

Mobile Phone: 0813 699 6757

Email: mmakesense@gmail.com

 

Copyright © 2018 NewTelegraph Newspaper.

%d bloggers like this: