• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Dangote’s NASCON Allied Industries Plc moves operation from Apapa

Damilare Famuyiwa by Damilare Famuyiwa
June 16, 2019
in Business News, Company News, Spotlight
Aliko Dangote, Milk importation, CBN, You probably wouldn't know Dangote dances until you watch this video  , Aliko Dangote’s net worth falls by $1.3 billion in a week
Share on FacebookShare on TwitterShare on Linkedin

NASCON Allied Industries Plc, one of the many subsidiaries of Dangote Industries Limited, has disclosed that it has moved some of its operations away from the  Apapa area of Lagos to Oregun and Port Harcourt.

Why this? While disclosing the development, the company’s Managing Director, Paul Farrer,  said the decision to move its operations was in response to the lingering gridlock in Apapa.

Farrer said the Apapa gridlock was one of the key risks to the company’s business last year. He added that the Apapa gridlock affected the movement of raw materials to Oregun, timely delivery of finished goods to customers, and increased turn-around time of the company’s trucks.

RelatedStories

NNPC no longer owns 20% of Dangote Refinery, says Aliko Dangote

Dangote Group paid N402 billion in taxes for 2024, retains position as Nigeria’s highest taxpayer 

March 6, 2025
Nigeria Customs to expand B’Odogwu platform to Apapa, Tincan Area Commands 

Nigeria Customs to expand B’Odogwu platform to Apapa, Tincan Area Commands 

March 6, 2025

Addressing shareholders during the company’s Annual General Meeting in Lagos on Thursday, June 13, 2019, Farrer said the following;

“We relocated 60 percent of our Apapa Plant production capacity to our Oregun and Port Harcourt Plants to reduce the effects of the gridlock. We also engaged third-party transporters to ensure timely delivery of our finished goods.”

The Apapa Gridlock Challenge: Apapa is a Local Government Area in Lagos, located to the west of Lagos Island. It contains a number of ports and terminals operated by the Nigerian Ports Authority (NPA), including the major port of Lagos State and Lagos Port Complex (LPC).

Apapa contains ports and terminals for various commodities such as containers and bulk cargo, houses, offices and a small old disused railway station (Apapa North).

It also houses major companies such as BUA Group, as well as the  commercial offices of many shipping, clearing, and transportation companies.

How FG is challenging the lingering menace: Over the past years, Apapa has been known for its gridlock caused by trucks and other vehicles.

In a move to clear up the Apapa gridlock and restore law and order to the area and its environs, the Federal Government had extended by two weeks, the time given to the Presidential Taskforce on the Apapa traffic gridlock to resolve the matter.

The task force which commenced its assignment on May 24, had up to June 7th to complete the assignment. It is now expected to present a formal report at the end of its extended mandate on June 24.

About NASCON: Established in 1973, NASCON Allied Industries Plc (previously known as NASCON Plc), is a registered company in Nigeria which is engaged in salt refining.

The company has since evolved with additional business lines that now include Vegetable Oil, Tomato Paste, and seasoning.


Follow us for Breaking News and Market Intelligence.
Tags: ApapaApapa gridlockDangote Industries LimitedNascon Allied Industries PlcNigerian Business News
Damilare Famuyiwa

Damilare Famuyiwa

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

Related Posts

NNPC no longer owns 20% of Dangote Refinery, says Aliko Dangote
Companies

Dangote Group paid N402 billion in taxes for 2024, retains position as Nigeria’s highest taxpayer 

March 6, 2025
Nigeria Customs to expand B’Odogwu platform to Apapa, Tincan Area Commands 
Business News

Nigeria Customs to expand B’Odogwu platform to Apapa, Tincan Area Commands 

March 6, 2025
NASCON
Appointments

Nascon names Aderemi Saka as Deputy Managing Director, appoints company secretary 

February 28, 2025
Lagos govt evacuates occupants from distressed buildings in Surulere and Apapa 
Real Estate and Construction

Lagos govt evacuates occupants from distressed buildings in Surulere and Apapa 

November 19, 2024
Nigerian Stocks: List of Dividends announced in 2023
Dividends

Nigerian Stocks: List of Dividends announced in 2024

July 22, 2024
Transmission lines in Cross River, Rivers have been vandalized severally in over 2 months – TCN
Energy

Dangote refinery insists International Oil Companies selling crude above market price, backs NUPRC new guideline 

July 18, 2024
Next Post
Google made a whooping $4.7b from news content in 2018, Google Threatens To Remove Its Search Engine From Australia Due To Media Code

Google made a whooping $4.7 billion from news content in 2018

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • How to apply for the Federal Ministry of Education’s TVET program with N45,000 monthly stipend 
  • SEC warns Nigerians against unregistered trading platform CMTrading 
  • The digital dilemma of Nominal Identity: Why your name alone is not enough

Follow us on social media:

Recent News

FG announces N45,000 monthly stipend for technical college students nationwide 

How to apply for the Federal Ministry of Education’s TVET program with N45,000 monthly stipend 

June 21, 2025
SEC warns Nigerians against unregistered trading platform CMTrading 

SEC warns Nigerians against unregistered trading platform CMTrading 

June 21, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics