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Cost of moving containers from Apapa Port to warehouses in Lagos reduced by 60%- TTP

Bolaji Akerele, Head of Corporate Development and Temidayo Adeboye Chief Operating Officer, Trucks Transit Parks Limited

Bolaji Akerele, Head of Corporate Development and Temidayo Adeboye Chief Operating Officer, Trucks Transit Parks Limited

 

 

Segun Kasali

 

A private technological firm partnering with the Nigerian Ports Authority (NPA) on E-call up system, Trucks Transit Parks Ltd (TTP) has said the cost of moving containers from Apapa Port to warehouses in Lagos has drastically reduced by over 60 percent depending on the location of the importers’ warehouse.

 

The Chief Operating Officer of the company, Temidayo Adeboye stated this in a briefing with newsmen held yesterday in Lagos.

 

Temitayo explained that moving 20 foot container from Apapa to locations in Lagos, which used to cost between N750, 000 to N800, 000 now cost between N200,000 to N300,000 representing N62.5 percent decrease in cost.

 

He further explained that moving 40-foot containers from Apapa to locations in Lagos, which used to cost between N1,500,000 to N1,600,000 now cost between N400,000 to N750,000 representing about 53.125 percent drop in cost.

 

 

The COO also stated that while moving containers from the Apapa Port to warehouses within Apapa that formerly cost between N200, 000 to N300, 000 has also dropped by 50 percent to N100, 000 to N150, 000.

 

 

Meanwhile, Adeboye blamed ongoing construction and heavy concentration of oil and gas tank farms that are not onboard Eto platform for the high volume of traffic witnessed on a daily basis by motorists on the Mile 2- Tin-Can Island Port axis.

 

 

He disclosed that Trucks Transit Parks is perfecting plans to bring major and independent oil marketers onboard Eto App to further drive down the gridlock in Apapa.

 

 

Speaking also, Head of corporate development, Bolaji Akerele alluded to the fact that the efficiency of Eto App has reduced the cost at which trucks enter into the port down to between N15, 000 to N25, 000 from between N100, 000 to N150, 000.

 

 

He added resistance to change is one of the reasons some truckers are finding it difficult to abide by the rule and procedure of moving into the port under Eto platform.

 

Bolaji Akerele, Head of Corporate Development and Temidayo Adeboye Chief Operating Officer, Trucks Transit Parks Limited
Bolaji Akerele, Head of Corporate Development and Temidayo Adeboye Chief Operating Officer, Trucks Transit Parks Limited