SIFAX Group says it has injected N8 billion into its terminal at Tin-Can Island Port, Lagos, to enhance the clearing of cargos by customs officers.
It said that the fresh investment in the seaports is in line with the Federal Government’s directive on ease of doing business.
It said that the sum was used for the purchase of some cargo handling equipment.
It disclosed that the equipment which include cranes and reach stackers were installed at its terminal operated by one of its subsidiaries, Ports and Cargo Handling Services Limited.
SIFAX Group Managing Director, Adekunle Oyinloye, who made this disclosure at the commissioning of the new equipment said the recent purchase for Ports and Cargo is part of efforts of the company to position itself as a first-choice terminal for importers,exporters and shippers
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