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BPE:  APM Terminals Acknowledges Role In Port Efficiency, Trade Growth

by Adekunle Munir
5 months ago
in Business
Reading Time: 2 mins read
BPE
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The Bureau of Public Enterprises (BPE) has commended APM Terminals Nigeria for its contributions to improving port efficiency and service delivery, aligning with Nigeria’s port concession objectives.
During a working visit to APM Terminals Apapa, BPE Director-General, Ayodeji Gbeleyi, highlighted the terminal’s operational excellence, safety measures, and workforce commitment. He reiterated the Federal Government’s support for concessionaires like APM Terminals, emphasizing the goal of positioning Nigeria as a leading maritime hub in West and Central Africa.
APM Terminals Nigeria CEO, Frederik Klinke, noted that the company has invested over $435 million in port infrastructure, including yard expansion, modern cargo handling equipment, and automated systems. He also pointed to a steady rise in non-oil export cargo, from 53,000 TEUs in 2020 to 94,000 TEUs in 2023.
Klinke reaffirmed APM Terminals’ commitment to expanding port capacity and collaborating with the government to enhance Nigeria’s trade competitiveness. Plans are underway for further infrastructure redevelopment at the Lagos Port Complex Apapa.
IXPN Plans Nationwide Expansion Of Internet Exchange Infrastructure In 2025
The Internet Exchange Point of Nigeria (IXPN) is set to expand its network infrastructure across the country in 2025, aiming to strengthen Nigeria’s digital ecosystem and enhance internet connectivity.
At the annual Members’ Engagement Forum in Lagos, IXPN CEO, Muhammed Rudman, outlined key achievements from 2024, including capacity upgrades and recognition as a MANRS-compliant Internet Exchange Point, signifying improved security and reliability in internet routing.
Looking ahead, IXPN plans to establish new exchange points across Nigeria, attract more content providers, deploy additional caching solutions, and upgrade core infrastructure. These initiatives are expected to improve local traffic exchange, reduce internet costs, and enhance the overall digital experience.
Currently, IXPN operates seven Points of Presence (PoPs) in Lagos and additional locations in Abuja, Port Harcourt, Kano, Enugu, Delta, and Gombe, managing peak traffic of 900 Gbps.
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