• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, August 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Movement of 10,000 Containers by Rail from Lagos Port in six months, sign of positive Reforms

Rail

The Matters Press by The Matters Press
August 13, 2024
Reading Time: 2 mins read
0
Chinese firms in deal for final phase of Tanzania’s rail

The movement of 10,000 containers by rail in the first half of 2024 from Lagos sea ports to various destinations is an early sign of an emerging revolutionary trend that will ease transportation of goods.

RELATED POSTS

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

Tinubu succeeding where Obasanjo failed woefully, says TMSG

“It is also a major breakthrough in the nation’s ports reforms,’’ The Democratic Front (TDF) affirms in a statement signed by Mallam Danjuma Mohammed and Chief Wale Adedayo, Chairman and Secretary of the pro-democracy movement.

There has been a quantum leap in the numbers of containers transported from Lagos ports, numbering over 10,000 in the first six months of this year, thereby eclipsing the total of 9000 recorded in the year 2023.

“This is a positive development”, adding that the development will boost the economy as well ease transportation, TDF said.

Thrilled by ongoing reforms at the Ports, TDF says that it is a significant milestone which could not have been achieved without massive investments in railways and injection of funds to improve seaport infrastructures by the administration in the last one year.

“The ongoing construction and rehabilitation of the railways, and the provision of ultra modern port facilities by the government of President Bola Ahmed Tinubu, has boosted the volume of import and export trades in the country, resulting into higher revenue accruals to the nation’s transport sector.

“TDF is glad to acknowledge that the capacity displayed in the last six months, by Nigerian port administrators to move containers through the railways, will ease our roads of the overbearing pressure of heavy-duty consignments, and significantly reduce the ever-increasing government expenditure on frequent maintenance of dilapidated roads in the country,” the group added.

TDF also noted that the ongoing reforms are yielding results, especially in the area of ease of doing business

The statement reads: “We hereby applaud the Tinubu administration for reforming and automating the vessel documentation process at the ports, which eventually led to the unprecedented clearance and movement of 10,000 containers in the first six months of 2024, impressively surpassing the previous record of 9,000 containers in the year 2023.

“We have no doubt that the automation of the vessel documentation process in the ports by government will drastically reduce the incidence of frequent demurrage charges occasioned by avoidable port congestions. This, more often, translates into additional costs for consumers of imported items in Nigeria.

“Similarly, the President’s commitment to the ‘Ease of Doing Business’ in the country has recorded a major success in reducing the time for document processing in the port complex by 80%.

“It is also our pleasure to recognize the efforts of the President in the quantum leap in Nigeria’s trade exportation by 15% above that of 2023, as recorded in the first half of this year.

“The tremendous increase in trade export through the nation’s port indicates a boost in domestic production in the economy, with potentials for a strong local currency.

“This to us at TDF is a further confirmation of the remarkable success of President Tinubu’s economic reforms in the promotion of non-oil export in Nigeria.

“The President’s directives to the Nigerian Customs Service. to refrain from interfering with export cargos once they are cleared in addition to other reforms which include the rehabilitation of port infrastructures by government, the upgrade of digital technologies in the port administration, and the continuous movement of cargos by rails to and from the port complex, have cumulatively resulted in the positive rise in export trades in the economy. This trend must be improved upon sustained.

“We therefore urge all stakeholders in the relevant sectors of the economy to support President Bola Tinubu in his selfless drive towards achieving a sustainable economic system for Nigeria.

Tags: ContainersRail
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria regains top crude oil production spot in Africa
Energy

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

August 28, 2025
Who is lying, Obasanjo or NAN?
News

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

August 28, 2025
Obasanjo campaigns for AfCFTA
News

Tinubu succeeding where Obasanjo failed woefully, says TMSG

August 28, 2025
Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Next Post
Nigeria, Equatorial Guinea in gas pipeline deal for Gulf of Guinea

Nigeria, Equatorial Guinea in gas pipeline deal for Gulf of Guinea

Tinubu's economic policies crashing inflation - TMSG

Recommended Stories

Central Bank, MTN resolve crisis

How MTN paid N3.5trn in taxes to Nigeria?

April 27, 2022
Fishermen hail army over retake of Baga

5 Boko Haram, 4 soldiers killed in operations

February 18, 2019
Biggest hurdle to take-off of AfCFTA

Biggest hurdle to take-off of AfCFTA

July 30, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals
  • ‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient
  • Tinubu succeeding where Obasanjo failed woefully, says TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us