Sponsored
News

Lagos State Govt Partners Freight Agency To Construct Commercial Container Storage Facility At Amuwo-Odofin

Sponsored
Sponsored

The Lagos State Government, through the Office of Public-Private Partnerships (PPP), in conjunction with Messrs. Mainland Freight Agency Ltd, has concluded plans to develop a commercial storage facility at Mile 2, Amuwo-Odofin area of the State.

A statement signed by the Director-General, Office of Public-Private Partnerships, Mr. Ope George, said the commercial cargo facility at the Mile 2 jetty will be constructed on State land measuring 6,400 square meters and operated on a Build, Operate and Transfer (BOT) basis for ten years.

George stated that the facility, which will be solely financed by Messrs. Mainland Freight Ltd, would have the capacity to accommodate a minimum of 200 containers at any given time.

According to him, the project will help to decongest traffic caused by container carrying trucks on Lagos roads and also help reduce the dangerous gases emanating from the vehicles.

The Director-General described the proposed project as a catalyst that would stimulate the economy of the State and create many direct and indirect employment opportunities while enabling the diversion of up to 24,000 units of containers from road transportation to the sea through barge services.

He restated the commitment of the Lagos State Government to the provision of public infrastructure using the public-private partnership model.

Recall that the State Government had put in place several projects to assist the waterways transportation system since the inauguration of the LASWA Act in 2008. Some of the developmental projects include the Ijegun-Egba Jetty, Ebute-Ojo ferry terminal and Badore Ferry Jetty to mention a few.

Sponsored
Alinnor Arinze

Recent Posts

Ooni Celebrates Prince Ademakinwa As He Clocks Two & Offers Ancestral Blessings

The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula…

3 hours ago

ONC Hails 365 Days Of Purpose, Progress And Development In Abua/Odual LGA: The Uru Odighi Story

The Orashi National Congress, ONC, has hailed the Executive Chairman of Abua/Odual Local Government Area…

4 hours ago

ABU Student Becomes Third Car Winner as MTN Live It 100 on Campus Tour Continues Across Nigeria

A 400-level Chemistry student of Ahmadu Bello University (ABU), Zaria, Ezekiel Oluwatobi Daniel, has won…

5 hours ago

Woman, 41, Arraigned Over Alleged N74 Million Forex Fraud

CYRIACUS IZUEKWE A 41-year-old woman, Anacheobi Obianuju, was arraigned before a Lagos Magistrate Court sitting…

5 hours ago

The Dangers Of Campaign Of Calumny And Unfounded Blackmail Against Mazi Dr. Chima Matthew Amadi

HON VITALIS UZOMA OPARA The road to 2027 in Imo East Senatorial District, otherwise known…

5 hours ago

Akinpelu Receives SDGs Projects, Commends Orelope-Adefulire for Transformative Investments in Alimosho

The Executive Chairman of Alimosho Local Government, Hon. Akinpelu Ibrahim Johnson, has commended the Office…

5 hours ago
Sponsored