The Nigerian Ports Authority (NPA) and APM Capital have signed a Memorandum of Understanding (MoU) for the use of barges to evacuate containers from the ports in Lagos to Epe.
The signing of the MoU, which took place on Wednesday, May 15, 019 at the headquarters of NPA at Marina, Lagos, was part of efforts to free Apapa port of vehicular traffic.
Speaking during the signing, the NPA Managing Director, Hadiza Bala-Usman, said the problem of Apapa access road seems intractable because of decade-long decadence, which was caused by multiplicity of problems.
Usman said NPA had made several efforts including contributing ₦1.8 billion to rehabilitate the road at a time as well as implementing the truck call-up system.
She said NPA would continue to consult with stakeholders across all levels, since the provision of infrastructure is crucial for sustainable port operations.
Usman further assured that NPA would build on the synergy that exist with stakeholders and also commended the Ministers of Transportation, the Board of Directors of NPA, and the management of APM Capital for the barging initiative.
Senior Investment Advisor 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.
He said APM Capital will provide necessary technical expertise, funds and other resources needed to actualize the project.