and the APM Capital has signed a Memorandum of Understanding (MoU) to extend
the use of barges to evacuating containers from the ports beyond Ikorodu, to
Epe, as part of efforts to finding lasting solution to the Apapa traffic gridlock.
in her office on Wednesday, the Managing Director of Nigerian Ports Authority,
Hadiza Bala Usman, said the problem of Apapa access road persisted because of decade-long
decadence caused by multiplicity of problems.
efforts including contributing ₦1.8billion to rehabilitate the road at a time,
as well coming up with Call Up System, which would soon be upgraded to be done electronically.
consult with stakeholders across all levels, since the provision of
infrastructure is crucial for sustainable ports operations.
the synergy that existed with stakeholders and also commended the Minister of Transportation,
the Board of Directors of NPA, and the management of APM Capital.
Fleming Dalgaard, assured on the construction of a jetty and truck park to
facilitate the movement of Cargo with barges from the port.
Competence experience, financial capacity and other required resources.
and said that such transparency and
efficiency were part of the quality that excited them to come forward for the
signing of the MOU.
agreed in the MOU include:
NPA in realization of the fact that the provision of infrastructure is crucial
for sustainable operation of ports has continued to pursue a programme of
NPA and APMC entered discussions and have agreed to find a lasting solution to
the traffic situation in and around the ports, there is a need to provide the
level of required infrastructure.
has indicated their interest, technical capacity, competence, experience,
financial capacity and other required resources to execute or cause the project
required resources to execute or cause the project required for the attainment
of item 2 above.
project that are currently being contemplated include the construction of a
jetty and truck park to facilitate the movement of cargo by barge from the
that some associates investments like construction of truck holding bays maybe
required to support the option in item 4 above.
commit financial and human resources to further explore these solutions even
though the exact nature of infrastructure to be provided may differ from the
option currently being envisage in the course of further studies and time spent
on the project.
Board Secretary/Legal Services, Eniola Williams, and General Manager Public
Private Partnership Mr. Usoro Usoro, and on the APM Capital side were APMC
Advisor, Amina Oyagbola and Senior Associate Rotimi Tewe.