Government pledges support for new Ijora container terminal
SIFAX Container Terminal located at Ijora, Lagos, was established to address the challenge of traffic congestion around the Lagos ports. Its vantage position, which is on the fringes of the port environment...
New terminal buoys Nigeria’s export drive
A major terminal operator, Sifax Group, has launched a new terminal in the Ijora area of Lagos, to increase the handling capacity and boost exports through the Lagos ports.
SIFAX boss explains investment in The Gambia
Group Executive Vice Chairman, SIFAX Group, Dr. Taiwo Afolabi, has explained that the desire to contribute meaningfully to the rebranding of The Gambian economy is pushing the group’s investment in the West African country.
How high ports charges engender bleak fortunes for Nigeria
Astronomical charges that make Nigerian seaports among the costliest in the world are currently throwing operators and importers off balance, and ultimately jeopardising the fortunes of the nation’s economy. Charges are a critical factor in the cost of doing business at the ports, and apart from the tariffs, levies and taxes, there are also computed…
Sifax consortium stakes $25m to operate Warri Port terminal
Notwithstanding the highest score of 87.84 per cent by Ecomarine consortium, the SIFAX Group-led consortium, Ocean and Cargo Terminal Services Limited with 82.70 per cent score has been declared the preferred bidder to operate Terminal B, Warri Old Port.
Taiwo Afolabi’s son, Yinka, begins journey into holy matrimony
With the recent introduction ceremony, Yinka Afolabi, the first son of quiet billionaire, Dr. Taiwo Olayinka Afolabi, the Executive Vice Chairman/Chief Executive of the Sifax Group, has kicked off his journey into holy matrimony. The introduction ceremony between Yinka and his heartthrob, Bisola Omisade, was purely a family affair, with only a few close friends…
Stakeholders urge swift action on cargo scanners
Sequel to the Nigerian Customs Service (NCS) submission that new cargo scanners would arrive in Nigeria by next year, stakeholders in the sector have called for swift action by the Federal Government to ensure that the timeline is sacrosanct.
Ports scanners vital to 24 hours operations, says Sifax boss
For the Federal Government to achieve the mandate of 24 hours port operations, the Group Executive Vice Chairman, SIFAX Group, Taiwo Afolabi, has stressed the need to revive the ailing cargo scanners at the nation’s seaports.