The chaotic traffic situation at the seaports in Lagos has resulted in about 1100 percent hike in the cost of transportation of imported goods from the ports in Apapa to surrounding towns in Lagos
The chaotic traffic situation at the seaports in Lagos has resulted in about 1100 percent hike in the cost of transportation of imported goods from the ports in Apapa to surrounding towns in Lagos. Vanguard’s finding revealed that transportation of a 20 feet container from Apapa to Ikeja which used to be N25,000 has now risen to about N300,000. Confirming the above, President/CEO of NICSOL Worldwide Investment Limited, Mr. Nicodemus Odolo, said the bad roads have affected the movement of goods to and from the port as well as the cost of movement of consignments to and from the port.
