National Economy
Monday, September 15, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home News

BPE Commends APM Terminals For Advancing Port Efficiency, Trade Growth

by Yusuf Babalola
7 months ago
in News
Reading Time: 2 mins read
Trade Growth
Share on FacebookShare on TwitterShare on Telegram

You May Like

SEREC Links Steel Industry’s Decline To Poor Ports Infrastructure

Nigeria, Others To Brainstorm On Sustainable Energy Goals

The Bureau of Public Enterprises (BPE) has commended APM Terminals Nigeria for its commitment to the core objectives of Nigeria’s port concession programme and its contributions to enhancing service delivery and operational efficiency at the nation’s seaports.
NATIONAL ECONOMY reports that, as a leading port operator, APM Terminals manages Nigeria’s largest container terminal at the Lagos Port Complex Apapa. It also owns and operates the West Africa Container Terminal (WACT) at Onne Port, Rivers State, as well as an Inland Container Terminal in Kano.
However, speaking during a working visit to APM Terminals Apapa, the director-general of BPE, Ayodeji Gbeleyi, praised the company’s operational excellence, particularly its commitment to safety and environmental standards.
He commended APM Terminals for its work environment and the dedication of its workforce, noting that the staff appeared passionate and excited about their roles.
He further reaffirmed the federal government’s support for APM Terminals, stating that, the administration of President Bola Tinubu remains committed to making Nigeria a leading maritime hub in West and Central Africa.
Gbeleyi assured that the government would continue to support concessionaires like APM Terminals to ensure collaboration in achieving this vision.
The CEO of APM Terminals Nigeria, Frederik Klinke, highlighted the company’s significant investments in port infrastructure since acquiring the concession for the Apapa container terminal in 2006.
Klinke emphasised that the terminal now serves as a critical gateway for imports and exports in West Africa, operating with a focus on safety, efficiency, and reliability.
He disclosed that APM Terminals has invested over $435 million in infrastructure and process improvements, including the implementation of an automated gating system to enhance security, yard expansion and modernisation, acquisition of state-of-the-art cargo handling equipment, and comprehensive training programs for its workforce in Apapa.
Klinke also reaffirmed APM Terminals’ commitment to supporting the federal government’s push to diversify Nigeria’s foreign exchange earnings through increased non-oil exports.
He explained that the company had expanded its yard capacity to accommodate the growing volume of export cargo, a move that has improved efficiency, reduced waiting times, and streamlined operations.
Over the past four years, the terminal has recorded steady growth in non-oil export cargo, rising from 53,000 TEUs in 2020 to 94,000 TEUs in 2023. In addition, the terminal has enhanced its barge capacity, gate access, and dedicated export lanes to further shorten turnaround times for export containers.
Looking to the future, Klinke revealed that APM Terminals is planning an additional substantial investment to redevelop and enhance infrastructure at the Lagos Port Complex Apapa.
The CEO said the company is working closely with the government to proceed with its long-term expansion plans. He emphasised that APM Terminals is fully prepared to invest in the necessary infrastructure and remains aligned with the government in its efforts to promote national development goals.

Tags: Trade Growth
ShareTweetShare
Previous Post

IFC Invests In Lagos Free Zone To Support Economic Diversification

Next Post

Dangote Refinery To Operate At 100% By March

ANOTHER GOOD READ

SEREC Links Steel Industry’s Decline To Poor Ports Infrastructure
News

SEREC Links Steel Industry’s Decline To Poor Ports Infrastructure

45 minutes ago
Nigeria, Others To Brainstorm On Sustainable Energy Goals
News

Nigeria, Others To Brainstorm On Sustainable Energy Goals

55 minutes ago
CiA, Carbon Direct Initiative To Accelerate Africa’s Transition To Low-Carbon Pathway
News

CiA, Carbon Direct Initiative To Accelerate Africa’s Transition To Low-Carbon Pathway

56 minutes ago
Aavishkaar Capital Invests $5m In Horizon Group To Boost Operations
News

Aavishkaar Capital Invests $5m In Horizon Group To Boost Operations

57 minutes ago
Coursera Introduces Region-aligned Pricing For Affordable Learning In Nigeria
News

Coursera Introduces Region-aligned Pricing For Affordable Learning In Nigeria

59 minutes ago
Aviation Safety: NiMet Unveils Digital Flight Folder, Aeronautical Bulletin
News

Aviation Safety: NiMet Unveils Digital Flight Folder, Aeronautical Bulletin

1 hour ago
Next Post
Dangote Refinery To Operate At 100%  By March

Dangote Refinery To Operate At 100% By March

Most Recent

How Fintech Can Untie Puzzle At  Bottom Of The Pile

How Fintech Can Untie Puzzle At Bottom Of The Pile

September 15, 2025
16 Teams For 9ja Cafe Rhum /Late Pa Ayo Rosiji Football Championship

16 Teams For 9ja Cafe Rhum /Late Pa Ayo Rosiji Football Championship

September 15, 2025
Nigeria Cricket Federation To Hold AGM, Board Elections Sept 20

Nigeria Cricket Federation To Hold AGM, Board Elections Sept 20

September 15, 2025
Nigerian U-20 Captain Daniel Joins Slovenian Club

Nigerian U-20 Captain Daniel Joins Slovenian Club

September 15, 2025
Egbe Demands NFF Reform Amid World Cup Qualifying Crisis

Egbe Demands NFF Reform Amid World Cup Qualifying Crisis

September 15, 2025
Safe Skies: Phone Switched Off Or Airplane Mode?

Safe Skies: Phone Switched Off Or Airplane Mode?

September 15, 2025
Articulated Vehicles And Increasing Fatalities: A Call To Action

Articulated Vehicles And Increasing Fatalities: A Call To Action

September 15, 2025
‘Africa Can Generate $3.5trn GDP From AfCFTA’

‘Africa Can Generate $3.5trn GDP From AfCFTA’

September 15, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy