25 ships laden with petroleum products, other commodities, expected in Lagos
Twenty five ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos, the Nigerian Ports Authority (NPA), said on Monday.
NPA explained that the expected ships contained buck wheat, bulk sugar, general cargoes, containers, bulk charcoal, diesel, base oil, frozen fish and petrol.
The 25 ships were being expected at the ports from July 4 to July 16.
The document noted that four ships had arrived the ports, waiting to berth with petrol and empty containers.
NAN reports that 16 ships are at the ports discharging general cargoes, buck wheat, fertiliser, frozen fish, bulk charcoal, buck rice, containers and petrol.
Related
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
1 Comments
It is certain that the Naira will continue to lose value with this continued importation of charcoal, the finished products of crude oil, etc. This is not diversification of the economy nor will it lead to creation of jobs. The way to stop this importation is by privatization and liberalization of the economy through the NSE by way of IPO.
We will review and take appropriate action.