Import volume crashes by 60% at Lagos Port
Import volume crashes by 60% at Lagos Port
Findings by the Nigerian Tribune have revealed that some Nigerian port terminals, most especially Roll-On Roll-Off terminals, may be forced into shedding their staff strength due to the drop in volume of import units of vehicles by 60 percent.
Checks by the Nigerian Tribune revealed that some Roll-On Roll-off terminals which used to handle 300,000 units of vehicle imports now barely do 100,000 units due to various reasons which include Naira devaluation, high cost of Customs Duty and cost of petrol.
Speaking with the Nigerian Tribune exclusively, the Managing Director of Grimaldi Nigeria, operators of Ports & Terminal Multiservices Ltd, Mr. Ascanio Russo lamented that the terminal has been forced to streamline its operations due to the sharp drop in volume of Importations.
TRENDING SONGS
RCCG PASTOR ANGRY OVER CALLING Him“MR” INSTEAD OF “DR,” DECLARES CURSE ONLINE
NPMA Appeals to Nigerian Government for Compensation After Lagos Market Fire
Rest Every Four Hours, FRSC Issues Safety Guide for Fasting Motorists
NNPC Boss Ojulari Bags UK Energy Institute Fellowship
Shock in Anambra: Bride Disappears Moments Before Wedding
Nigerian Woman Returns ₦330 Million Accidentally Credited to Her Account
APC Don Reach Morocco?’ VeryDarkMan Reacts to Seyi Tinubu Poster
Bride Breaks Down in Tears as Wedding Meals Were Kept Secretly While Guests Go Home Hungry
Odogwu by Day, Robber by Night: How Marriage Joy Turned Into Tragedy
Nigerian Officials Allegedly Pocket N4–6B Weekly Through Smuggling Cartels at Seme–Badagry Border
Share this post with your friends on 
