Nigeria: APM Terminals Extends Barge Capacity, Dedicates Lanes for Non-Oil Exports

23 September 2024
This Day (Lagos)

Nigeria's largest container terminal, APM Terminals Apapa, has extended its barge capacity to accommodate more volumes of non-oil exports.

The company made this known at the second edition of its Exporters Forum in Lagos.

Chief Commercial Officer of APM Terminals Nigeria, Caroline Aubert-Adewuyi, emphasised the value of feedback from exporters and highlighted APM Terminals' service improvements from the previous forum, including expanded barge slots, a new booking app, and enhanced rail services for smoother logistics.

"This forum is an opportunity to hear feedback from our customers to continue building products that will help the exporters grow their business and grow Nigeria exports in the future," she said.

Chief Financial Officer of APM Terminals Nigeria, Courage Obadagbonyi, highlighted the importance of non-oil exports in driving foreign exchange, job creation, and reducing inflation, particularly in light of fluctuating global oil prices. "APM Terminals Apapa is committed to advancing the Federal Government's economic diversification efforts by promoting non-oil exports. As a result of our efforts in this regard, we have recorded a 25% increase of non-oil exports in throughput, handling 51,000 TEUs in the first half of 2024 compared to 47,000 TEUs in the same period of 2023," Obadagbonyi said.

He stressed the need for further investments in transport infrastructure, streamlined export procedures, and higher-quality products to increase Nigeria's non-oil export potential.

APM Terminals Apapa's Head of Operations, Riyaz Melekolangath, said that an extended gate access and dedicated export lanes have been created to cut turnaround times for export containers.

"What they are doing is to promote the heart of the business because export is sine qua non to the growth of a country. We need exports to balance our trade. We don't want vessels coming and going without taking any cargo. We need to promote and enhance our capacity in export. "APM Terminals have started taking our concerns into consideration, goods are now getting to the terminals on time and barging processes have become seamless," President of the Barge Operators Association of Nigeria (BOAN), OlabunmiOlumekun, said.

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