shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » FG Losses N22Billion Port Revenue Annually To Apapa Tank Farms Obstruction

FG Losses N22Billion Port Revenue Annually To Apapa Tank Farms Obstruction

by Joshua
December 14, 2014
in Uncategorized

Fresh indications have emerged that the Federal Government of Nigeria may be losing a whooping N22billion annually to the closure of the Creek Road axis of at the tail end of the Apapa Oshodi expressway in Lagos, due to the activities of petroleum tank farms along the axis.
 
This fact was given last week by a Professor of Transport, Logistics and Spatial Planning at the University of Lagos, Professor Iyiola Oni at a one-day? seminar organized in Lagos.
 

Fresh indications have emerged that the Federal Government of Nigeria may be losing a whooping N22billion annually to the closure of the Creek Road axis of at the tail end of the Apapa Oshodi expressway in Lagos, due to the activities of petroleum tank farms along the axis.
 
This fact was given last week by a Professor of Transport, Logistics and Spatial Planning at the University of Lagos, Professor Iyiola Oni at a one-day? seminar organized in Lagos.
 
The Professor who was delivering a lecture titled: "Port Infrastructure: Modernizing Maritime Transport Infrastructure in a Landlord Port Model", observed that the continued closure of Creek Road in Apapa for the past four years has led to economic losses to the country, and physical trauma to road users.
 
He observed that the activities of petroleum tanker drivers have hindered container laden trucks from accessing the port, as well as led to the death of other vibrant businesses along the strategic road.
 
Shipping Position Daily finding shows that some of the tank farms along Creek Road include: Folawiyo Energy, Lister Oil and Gas, Navgas, among others.?
 
Prof  Oni who was represented by Dr. Emmanuel Ege noted that the traffic situation along the axis is now stretching gradually to the Mile 2 area.
 
He solicited that, tank farms activities should be relocated from Apapa Port to other port areas in the country like the Koko Port. He appealed to the Nigerian Ports Authority to return the operations franchise on the port which it had withdrawn before now.
 
"Today, the Creek has been under lock and key for four years, we have done an evaluation and it is costing this country N22billion annually, in fact it should be more than that because we only looked at Apapa, we dint look at Tin Can, now the thing is stretching to mile 2, and we ask ourselves, is it only Apapa we have in this country?"
 
"Why should we have all the tank farms there, Koko port is there but nobody is using it, what NPA did was to remove the license from the first people they gave the franchise to, I don't know if they have given other people now, but I know they withdrew the license".
 
Prof Iyiola observed that there are other ports in Nigeria that are under-utilized, and these could have formed an alternative to what is going on in Apapa port tank farm congestions.
 
He added further that, "instead of being productive, we are counter-productive and at the end of the day, we complain about unemployment, meanwhile we crated these problems for ourselves"
 
"Let's pray that Boko Haram does not remember Apapa?, if they do, it is only a spark and Lagos will be in darkness, I am not predicting any evil, I am just trying to be frantic with our system, we have options that will really favour everybody, but the whole thing is tilted towards a political dimension" he said.
 
In order to ensure that tank farms are relocated from the port areas in Lagos, he said the solution lies in the hands of the shippers of the cargoes. According to him, it is the shippers that determine which port their cargoes go to?.
 
He blamed the Department of Petroleum Resources for petroleum tank farm congestion? in Lagos, even as he advised the agency to promote the use of pipes to distribute products from the tank farms to various destinations.
 


Related Posts

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

June 30, 2025
Meningitis: Death Toll In Kebbi Hits 56 – Govt 

Meningitis: Death Toll In Kebbi Hits 56 – Govt 

March 24, 2025
Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

January 8, 2025
PHOTO NEWS: SIFAX Thanksgiving and Night of Praise 2.0

PHOTO NEWS: SIFAX Group Thanksgiving and Night of Praise 2.0

December 18, 2024

Discussion about this post

Latest News

NPA Bags NASS PAC Transparency Award

NPA Bags NASS PAC Transparency Award

July 12, 2025

Nigeria Customs Says Claim Of Form ‘M’ Migration Charges False

CRFFN Showcases Reform Milestones, Dismisses Court Ruling Misinterpretation

NCMDLCA Faction Distances Self from Amiwero’s Court Action, Backs CRFFN on POF Collection

Customs Intercepts ₦9.2bn Worth of Fake Bedroom Booster, Others

Customs, NAFDAC Inaugurate Implementation Committee for 2024 MoU

Nigeria Customs Intercepts Container with Over 10,000 Donkey Genitals

Senate Hails Adeniyi’s Election as WCO Council Chair, Says It’s  a Major Win for Nigeria’s Global Trade Leadership

Oyetola Launches Door-to-Door’ Diplomacy for Nigeria’s IMO Council Bid

FG Urged To Link Warri-Itakpe Rail To Inland Ports, Road Networks

Red Sea Operation Rescues 4 More From Cargo Ship Sunk By Houthis

Shippers’ Council Set to Establish Border Information Centre at Idiroko, Bolster Trade Efficiency

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition