Nigeria President Wants Rail, Port Link-Up to Grow Economy
A 26 kilometre Itakpe-Ajaokuta-Warri rail line, a project 30 years in the making, has been launched by President Muhammadu Buhari in a virtual meeting at State House. The president has instructed the transport ministry to link all Nigeria's ports of origin and destination, including Apapa, Tin Can, Warri, Onne, and Calabar Ports to the rail network, to enhance overall transportation and economic capacities.
Nigeria's Shipowners' Association has said it will ask the government to pay over funds from the cabotage vessels finance funds, to maritime operators. Ship owners pay 2% of their ... Read more »
The Nigerian Maritime Administration and Safety Agency will aggressively push for the implementation of policies that would support fleet expansion, ensuring that financial ... Read more »
Nigeria's port roads are in an appalling state and is a contributing factor in goods not making its way to the country's ports. "As long as we continue to be non-compliant to ... Read more »
Over U.S.$60 million is what the economy could lose annually if the new palletisation law comes into effect. The palletisation act states that all cargo in containers needs to be ... Read more »
Nigerian Port Authority, Apapa Lagos.