Nigeria: FG approves export processing terminal to facilitate cargo, logistics devt

The Federal Government has approved AIM Logistics Limited to operate as an Export Processing Terminal (EPT) to facilitate seamless cargo and logistics trade in the country.

The EPT, which is located on Lagos/Sagamu expressway, received the approval letter signed by the Nigerian Ports Authority (NPA) after an inspection of the facility.

The Managing Director, NPA, Mohammed Bello Koko said the approval of the terminal is to further support the implementation of the Federal Government’s economic diversification programme aimed at addressing the logistics identified challenges that are inherent in the export supply chain in collaboration with Nigerian Export Promotion Council (NEPC) and other relevant agencies.

Bello-Koko disclosed that export-processing terminals would serve as pre-gates, especially for agro exports where pre-shipment sorting, stuffing, processing, sealing and certification will be done.

He said the EPTs will reduce the cost to exporters and the time it takes to export these goods out of the country, while also making the process faster and seamless.

The Terminal Manager, AIM Logistics Limited, Jide Adeleye said the facility boasts of incomparable infrastructure essential in the cargo and logistics enterprise anywhere in the world.

He said the facility, which also compares with the best cargo terminals in Africa, has a plethora of functional trucks to assist its increasing clientele and ensure Nigeria becomes a great nation.

Adeleye thanked NPA for the approval and promised that the terminal would efficiently serve all stakeholders in cargo and logistics trade.