Nigeria loses N2.5trn to maritime logistics inefficiencies—TT

By Godwin Oritse

Truck Transit Parks  (TTP), promoters of the Electronic Call-up System (ETO), person revealed that Nigeria has mislaid implicit N2.5 trillion to inefficiencies successful maritime transport logistics.

The steadfast stated that concern successful transport infrastructure and exertion remains captious to unlocking the afloat commercialized imaginable of Nigeria’s ports, highways, and the wider determination corridor.

Speaking astatine the 2025 Transportation Correspondents Association yearly conference, Managing Director of TTP, Mr. Jama Onwubuariri said that determination is an urgent request for collaborative partnerships betwixt government, backstage sector, and determination bodies which is cardinal to palmy logistics sector.

Onwubuariri besides said that deployment of integer tools similar TTP’s Ètò App has revolutionized postulation absorption astatine the ports successful Lagos.

He explained that during the gridlock crisis, postulation stretched from Cele Expressway to Maryland successful Ikeja, arsenic trucks queued endlessly to entree Apapa and Tin-Can Ports.

He said:”Cost surged owed to inefficiencies and extortion arsenic transporters could not enactment efficiently arsenic lone 50 trucks were evacuated regular from 1 terminal operator.

The station Nigeria loses N2.5trn to maritime logistics inefficiencies—TT appeared archetypal connected Vanguard News.