The Presidential Task Team on the Apapa gridlock has handed over the road traffic management duties of the Port to the Lagos State Government.
Heavy gridlock has forced business entities to pay more than $4,000 to truck a 40ft container 20km to the Nigerian mainland.
Gridlock in Nigerian Port continues to bite harder as haulage cost increases by more than 50% in a week
On this episode of the #ERPodcast, @iamnotjustakuki and @Sammyinfinity examine the effect of the #ApapaGridlock to local businesses and how it is costing @NigeriaGov N6 trillion.
The Federal Government has lost not less than N6 trillion across all sectors of the economy as a result of the gridlock in the Apapa area...
NASCON Allied Industries Plc has moved some of its operations away from the Apapa area of Lagos to Oregun and Port Harcourt.
What used to be a friendly gesture has now metamorphosed into daylight robbery.
