A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
The Federal Government’s withdrawal of the Nigerian Naval and other military formations from controlling traffic at the Apapa Port has been lauded as a welcome development by some truck owners.
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STAKEHOLDERS in the Nigerian maritime industry are putting figures together, calculating their losses due to the long-standing traffic gridlock in Apapa port area.
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The Managing Director of Nigerian Ports Authority, Ms Hadiza Bala Usman has called on port users to take advantage of incentives introduced to ease the financial burden following the congestion resulting from the traffic gridlock in the port city of Apapa.
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Managing Director of the Nigerian Ports Authority, NPA, Hadiza Bala Usman recently visited the corportae headquarters of Vanguard Media Ltd. publishers of Vanguard Newspaper. She spoke on the problematic Apapa traffic, why the eastern ports are under-ultilised, intermodel connectivity at the ports, availibility of scanners at the ports and many more issues.
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Yet, the Federal and Lagos State governments have made repeated efforts to solve this seemingly intractable threat to the nation’s economy. Vice- President Yemi Osinbajo had met with private sector stakeholders and also given the Ministry of Power, Works and Housing, MPWH, and the Nigerian Ports Authority, NPA, clear directives towards clearing the traffic quagmire.
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The rapid increase in the cost of hauling containers from the Apapa Port to warehouses within Lagos is giving importers sleepless nights as the cargo delivery charge is now N700, 000 per container, which is over 483 percent increase against the N120, 000 charged for a 40-foot container and 80, 000 charged for 20-foot container few months ago.
Read More HONEYWELL Flour Mills Plc has released its financial results for the first quarter ended June 30, 2018, posting N17.7 billion revenue from net sales of flour, semolina, wheat meal, pasta and instant noodles products.
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Stakeholders in the maritime industry have said that planned reconstruction of the failed roads in the port vicinities of Apapa and its environ is not the solution to the chaotic traffic situation in the area.
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THE Federal Government, yesterday, shifted the proposed three-day closure of the Third Mainland Bridge for Investigative Maintenance Test, earlier scheduled to commence on July 27, to August 24, 2018.
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SINCE the beginning of the year 2018, it has been hell for motorists and other road users in the Mile Two/Berger/Coconut/Tin Can axis of the Oshodi-Apapa Expressway.
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