World Bank, Nigerian govt sign $40 million deal to decongest Apapa ports
Nov 29, 2016: The Executive Secretary of the Nigeria Shippers' Council (NSC), Hassan Bello said the federal government, through the Nigeria Ports Authority (NPA), NSC and the International Consortium (IFC), the investment arm of the World Bank, has concluded a $40 million deal to de-congest Apapa, Lagos, gridlock by building automated truck landing terminals across the country. This was revealed at an interactive session during a media briefing in Abuja. Bello said the deal would be delivered through the National Freight Information and Transportation Hub (NAFITH), a Jordanian Logistics Service Consultant to IFC, in collaboration from with Lagos State Government and other interested stakeholders. The project, when completed, he said, would reduce the notorious traffic jam in Apapa, Lagos. According to Bello, "The project is being done in collaboration with Lagos State Government, and they have started looking at locations across the country to build terminals that will be electronically guided. "IFC, an arm of the World Bank, through NAFITH, did the study on behalf of NSC for the government, but also has contribution from Lagos State Government.