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Home Business News

It costs N600,000 to truck containers from Lagos to Kano, N1.6 million to truck same from Apapa to Ikeja

Abiola Odutola by Abiola Odutola
July 14, 2021
in Business News, Spotlight
It costs N600,000 to truck containers from Lagos to Kano, N1.6 million to truck same from Apapa to Ikeja
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The cost of transporting a container from Apapa port to Ikeja, Lagos, has increased from N300,000 as of 2018 to N1.6 million or more in 2021. This represents an increase of 500% at the minimum. On the other hand, the cost of trucking the same container from Ikeja to Kano has only hovered around N600,000 within the period under review.

This was disclosed by Oluwemimo Joseph, Strategy & Projects Head and Chief Financial Officer of JET Motor Company, during an exclusive interview with Nairametrics on Tuesday.

He explained that the development is a major challenge for all importers of goods and raw materials.

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“The cost of trucking a container from Apapa to Ikeja is twice the cost of taking the same container to Kano or Kaduna. The cost has increased from N300,000 in 2018 to N1.6 million by January 2021.

READ: Costs $4,000 to truck containers in Lagos, same price to ship from China

The major cause of this is because the truck owners will tell you that such task, which should have taken them two days will end up taking 6 or more days due to congestion at the port,” Joseph said.

Rupani Sanjay, JET Motor Company’s Director of Sales and Marketing, also explained that the gridlock at the Nigerian ports has been costing importers a fortune, as he urged the Federal Government to aid the elimination of the bottlenecks encountered by importers.

“Aside from the congestion, the government needs to help us reduce some of the back and forth processes at the port, which most times, forces goods to enter demurrage.

READ: Buhari suspends NPA MD, Hadiza Usman, approves investigative probe panel

Most of the time, we have to pay demurrage because of the back and forth processes at the port. The port operators don’t consider the fact that such is caused by the nature of the regulatory functions, as they insist the levy must be paid. This, to a certain extent, affects the cost of importation and ease of doing business in Nigeria,” Sanjay stated.

In this same vein, the impact of the gridlock extends beyond monetary costs, as freight companies and operators have to wait more than a month off the coast before they can offload their goods in the port – roughly the same amount of time they spend in transit to Lagos from China.

READ: Reps investigate N600 billion monthly revenue loss at Apapa, Tin Can ports 

What you should know about costs at the port

The gridlock has become a long-running crisis at the Apapa and Tin Can Island ports, which are the main commercial entry points into Nigeria, Africa’s largest economy.

The issues at the terminals, however, can be attributed to the weak state of the Country’s transport infrastructure as 90% of cargo are transported by road.

READ: NPA launches Electronic Truck call-up system

Last December, Nairametrics reported that the tightened gridlock at the Nigerian Ports has become severe to the point that it allegedly costs more than $4,000 to truck a container 20km to the Nigerian mainland in recent times.

The report revealed that the gridlock at the port terminals had become so devastating to the point that business entities pay more than $4,000 to truck a 40ft container 20km to the Nigerian mainland and that is almost as much as it costs to ship a container about 12,000 kilometres from China.

READ: Haulage cost increases by more than 50% in a week as Apapa gridlock bites harder

According to Shanghai Containerized Freight Index data provided by Dutch shipping consultancy, Dynamar:

* The average spot rate in 2020 to ship a 20ft container from Shanghai to Lagos is about $3,000.

* While it costs about $3,750 to $4,000 for a 40ft container. However, the current spot rate is $5,000.

Bottomline

The high cost of transporting containers out of the Lagos ports is an issue that requires the express attention of the government as this cost will ultimately be added to the price of items and transferred to end-users adding to inflationary pressures that are already a huge burden on Nigerians.


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Tags: cost of trucking containers at ApapaDemurrageFeatured
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

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Comments 21

  1. Inside Kano Tv says:
    July 14, 2021 at 8:07 am

    This is not true.. The cost of trucks from Lagos to Kano is N1.4m and it’s cheaper from Apapa to around Lagos.

    Reply
  2. Stanley says:
    July 14, 2021 at 8:55 am

    We, the consumers are already paying the price for these unnecessary inefficiencies, delays and gridlock at the ports. Prices of items are going up almost every 2 weeks now. People are really bleeding to afford basic items for their families and yet the federal government does not seem to consider that sector a priority and as a better way to combat inflation, keeping more money in people’s pockets.

    Reply
  3. kay says:
    July 14, 2021 at 9:08 am

    This information is false.

    Reply
  4. kay says:
    July 14, 2021 at 10:47 am

    Apapa to Ikeja not more than 400K from about N300K earlier this year.

    Lagos to Kano is N1.1M to N1.4M

    Authentic.

    Reply
  5. Ben chuks says:
    July 14, 2021 at 1:35 pm

    False information, trucking a 40ft container within lagos now is within 300,000 to 400,000 while kano, kaduna is between 800,000 to 1m.

    Reply
    • Anonymous says:
      July 14, 2021 at 5:34 pm

      As for last week from apapa to oshodi is 380k for 40ft

      Reply
  6. Roman says:
    July 14, 2021 at 7:04 pm

    This country nigeria is cursed and a complete shit hole

    Reply
  7. Olamilekan says:
    July 14, 2021 at 9:36 pm

    I am injector engineering sarveis my number 08079064613 my contart

    Reply
  8. Anonymous says:
    July 15, 2021 at 1:26 am

    40ft container from apapa port to ikeja is at 350k
    40ft container from tincan axis port to ikeja is Abt 280k.
    From apapa to Kano is now 800k

    But from the write up, I think the period of review at at when this report made was around January.
    Yes, prices were high but not 1.6m it was around 800k.

    Reply
  9. Mandy says:
    July 15, 2021 at 6:40 am

    Other commentators have affirmed this falasy. Apapa to Ikeja is 400k and to Kano is 1.4m max from any of the terminals. Maybe the reporter mixed the figures up.

    Reply
  10. carmart Nigeria says:
    July 15, 2021 at 8:56 am

    wow this is surprising

    Reply
  11. Abdullahi Abdu says:
    July 15, 2021 at 10:12 am

    This man and nairametrics are feeding the populace with false information,, if you are saying its 600k from Ikeja to kano then its a sided body not contained ladened truck. In the other hand, a contained track means a truck with a fixed container which is same with a sided body.
    Apapa to kano, depending on the tonnage is 1.1 to 1.4m
    PLEASE do your research before going public

    Reply
  12. Tunde says:
    July 15, 2021 at 12:42 pm

    Cargo train from the port to the eastern, southern and northern part of Nigeria will ease the congestion. But government won’t do it because majority of them in govt are the owners of the trucks

    Reply
  13. Indrajit says:
    July 15, 2021 at 4:06 pm

    The cost of bringing container from China to Lagos is not 4000 USD…it between 14K-15K for a 40 feet container.

    Reply
  14. Belushi says:
    July 15, 2021 at 11:20 pm

    This is economic sabotage and lack of foresight from the government. How can you have one Nigeria and refused to do things in a normal way? How can you area 1 and Onne warf in Rivers state, Warri warf in Delta state and Calabar warf in Cross River state and decides to congestion Apapa and Tincan warf in Lagos state? Is it not a deliberate act from the government to put the citizens into unnecessary hardship?

    Reply
  15. Ibrahim musa says:
    July 16, 2021 at 12:08 am

    Very nice price

    Reply
  16. Anonymous says:
    July 16, 2021 at 9:22 am

    Olamilekan

    We have a lot of things to settle on this matter,no good road and all the mopol on that road don’t even care if salary come or not again because they are okay with the bad money they are getting from trucks driver which they called pass money to port like 200k their about with driver or truck owner will like to balance things up too.
    Let federal government finish the road once and discipline all the so called stupid enforcement on that way or bring diff. People and give them guide that will reduce the nonsense they are performing on the way that was supposed to be free for passing I’m so sure they want to dent this present reigning leader… God will destroy them all.

    Reply
  17. ADEBAYO says:
    July 16, 2021 at 10:44 pm

    God will help us roundabout, we also should love ourselves irrespective of the tribe, language or religion. God bless Nigeria.

    Reply
    • Anonymous says:
      July 23, 2021 at 1:42 am

      The seed of hatred has already been planted long ago and so it is difficult to erase. May God help his children.

      Reply
  18. Anonymous says:
    July 17, 2021 at 10:50 am

    They Have Stated Every thing, the best way to handle such is to ease the lagos port when they have other sea ports and our government should check mate the because all t

    Reply
  19. Mostafa Fawzy says:
    August 5, 2022 at 3:59 pm

    Good evening I want know price shipping continues 40 fit between Lagos and Abuja
    Thanks

    Reply

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