Port operators contributes $440 million to Apapa ports.

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According to APM Terminals, it has invested about $440 million in the Apapa ports since the port concession in 2006 was granted. This was recently said in a statement by Mr. Frederik Klinke, Country Managing Director of APM Terminals Nigeria, as the company marked the 17th anniversary of the port concession agreement it signed with the Federal Government in 2006.

According to Klinke, the company also took the opportunity to recognize its 76 original employees and founders. The concession made it possible for APM Terminals to build the vital port infrastructure necessary to boost the Nigerian economy.

Additionally, Mr. Steen Knudsen, the terminal manager of APM Terminals Apapa, claimed that the company’s significant investment in facility upgrades, training, equipment, and technology had improved service delivery at the port.

In the interim, the Managing Director of Nigerian Ports Authority, Mr Mohammed Bello-Koko, in his goodwill message delivered by NPA’s General Manager, Monitoring and Regulatory Services, Seyi Iyawe, thanked the terminal operators for fulfilling its concession agreement with the Federal Government and for delivering efficient service at the port.

Punch.

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