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    Home » FG INAUGURATES CARGO SERVICES FROM APAPA PORT ON LAGOS–IBADAN RAIL
    Business

    FG INAUGURATES CARGO SERVICES FROM APAPA PORT ON LAGOS–IBADAN RAIL

    Ifetayo AdeniyiBy Ifetayo AdeniyiSeptember 12, 20232 Mins Read
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    FG INAUGURATES CARGO SERVICES FROM APAPA PORT ON LAGOS–IBADAN RAIL

    The Federal Government has finally inaugurated the first cargo movement from the Lagos-Ibadan rail corridor after initial concern over the under-utilization of the standard gauge rail line 2 years after its commissioning.

    The inauguration was performed Tuesday 13 September by the Minister of Transportation, Saidu Alkali, during his first official tour of the rail corridor.

    The minister kicked off the tour at the Ebute Meta station before proceeding to Apapa for the launch, then travelled to Ibadan using the 157 km rail corridor.

    On September 11, 2019, the Federal Executive Council approved a contact to extend the Lagos-Ibadan Standard Gauge Rail to Apapa Port.

    Today, the SGR extension was officially put to use, with the first lifting of freight from Apapa Port to Ibadan with three coaches of 30 wagons loaded as the inaugural freight movement kicked off.

    The Nigerian Railway Corporation (NRC) said it would start with 3 coaches per day with its Managing Director noting that the corporation had the capacity to scale up the numbers.

    This effort is expected to decongest the Apapa Port as shippers moved 92.28% of Nigeria’s total exports and 60.77 percent of imports through the facility in the first quarter of 2022 (Q1’22).

    Pmexpressng.com

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    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

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