STOAN says terminal operators ready to increase investment in ports

at the ports.

“As you know, terminal operators have been operating in Lagos for over 15 years and have made significant investments in infrastructure, equipment, and human resources. And over time, we have really increased the level of productivity in the port. We have now reached the stage to make the necessary investment to really bring back to the original status of the decaying infrastructure, especially in Tin Can Island Port.

“We are ready to sit with you and your team to look at the legal and financial framework under which we can make this investment to continue to keep Lagos ports competitive,” Russo, who is also the Managing Director of PTML Terminal, said. “Congestion is another challenge being faced by our members. Currently in the port, you may not see any because of the economic condition our country is facing at the moment and the general crisis all over the world and especially the lockdown in China, which is affecting the cargos coming to Lagos.

Very soon 😁😁🚶

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