Five reasons Nigerian ports have remained inefficient

Nigeria’s premier port in Apapa recently lost its status as the leading port in West Africa by capacity and annual throughput, due to chronic congestion and poor-quality services to shippers. As a result, the Port of Lomé overtook the Lagos Port Complex to become West Africa’s leading port, with a capacity of 1.1 million twenty-foot containers (TEU). This is largely due to modernisation reforms, embarked on to enable Port of Lomé to triple its capacity from 311,500 containers in 2013 to 1.1 million in 2017, according to a West Africa Brief report – tagged ‘Togo’s Port of Lomé becomes regional …

Read More

HEDGE accordingly