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

Like Father, Like Daughter! Odiuko Soludo Bags First-Class Degree, Dazzles Nottingham University

CHRISTIAN ABURIME In a dazzling display of intellectual pedigree that has sent waves of pride…

45 minutes ago

ONC Presents Prestigious Ambassador Of Peace Certificate To Senator Banigo’s Senatorial Manager

Notable Niger Delta socio-cultural group, the Orashi National Congress (ONC) has formally presented its prestigious…

1 hour ago

Lagos Seals Over 20 Properties In Ikeja For Planning Infractions

The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA), has sealed…

2 hours ago

Comrade Dauda Intensifies Environmental Clean-Up Drive To Build A Cleaner & Healthier Ikeja ‎

‎ ‎The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on Thursday…

5 hours ago

How Responsible Borrowing Can Help You Reach Your Financial Goals By Gloria Onosode

For generations, conventional financial advice has treated debt like a trap — a final, desperate…

5 hours ago

President Tinubu Approves Four New Divisions For Nigerian Army, Recruitment of 28,000 Personnel To Strengthen National Security

President Bola Ahmed Tinubu has approved the expansion of the Nigerian Army’s structure from eight…

5 hours ago
Sponsored