W’Bank Seals $40million Deal To De-congest Apapa Ports

Customs Shipping Port

The World bank, through the International Finance Corporation, IFC, Nigeria Ports Authority,NPA,and the Nigeria Shippers’ Council, NSC, have a concluded $40 million deal to de-congest Apapa traffic gridlock through building automated truck landing terminals across the country.

Executive Secretary of the Nigeria Shippers’s Council (NSC), Mr. Hassan Bello revealed this while making the disclosure in an interactive session with Aviation and Transport Correspondents’ Association, Abuja.

He said the deal will be delivered through the National Freight Information and Transportation Hub (NAFITH), a Jordanian Logistics Service Consultant to IFC, with collaboration from Lagos state government and other interested stakeholders.

Bello said: “The project is being done with collaboration from Lagos state government, and they have started looking at locations across the country to build terminals that will be electronically guided.

“IFC, an arm of the World bank, through NAFITH, did the study on behalf of NSC for government, but has contribution from Lagos state government.

“In fact it is in conjunction with NPA, and therefore we have started looking at locations to create stages, terminal as all these will be electronically guided so that you are not at the port when you are not needed.

“It will 18 months for the completion of the projects and they will come in stages, getting the land took four months, the Infrastructure Concession Regulatory Commission (ICRC),”
Bello said

Bello, who spoke on the National Shipping Line, said the federal government had singed a Memorandum not Understanding MoU with Pacific International Line (PIL) of Singapore.

 

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