Connect with us

Business

APM Terminals Renews Customs Offices in Positive Upgrade

Published

on

APM Terminals Customs office renovation Apapa enhances cargo clearance as upgraded Nigeria Customs facilities are commissioned at Lagos Port Complex

adron lemon friday

APM Terminals Apapa, through its Managing Director Kamal Alhraishat, has commissioned newly renovated offices for the Nigeria Customs Service at the Lagos Port Complex in Apapa, marking a significant step in efforts to improve cargo handling efficiency at one of West Africa’s busiest maritime gateways.

Also read: FESCA Launches Drive for Ethical Change Through New Book Project

APM Terminals Renews Customs Offices in Positive Upgrade Facilities Apapa project was unveiled during a commissioning ceremony held at the terminal, where stakeholders described the development as a major boost to operational efficiency and service delivery within the port environment.

Kamal Alhraishat, Managing Director of APM Terminals Apapa, said the upgraded Customs Office and Customer Service Centre were designed to streamline cargo clearance processes by bringing essential services under one roof.

According to him, the facility represents a modern approach to port operations aimed at reducing delays, improving transparency and enhancing the overall experience for importers, clearing agents and other users of the terminal.

“This new facility has been thoughtfully designed to remove the fragmentation that often characterises cargo clearance processes,” Kamal Alhraishat said.

“By bringing critical services under one roof, we are enabling faster documentation, improving transparency, and ultimately ensuring a more seamless flow of containers through the port.”

He added that the initiative is expected to make cargo processing more predictable and efficient, describing it as a “powerful” step towards modernising operations at the Apapa terminal.

Also speaking at the event, Port Manager of the Lagos Port Complex, Adebowale Lawal Ibrahim, commended APM Terminals for the renovation, noting that it would help improve order, coordination and operational control within the port.

He praised the company for consistently setting high standards in port operations and for prioritising customer experience in its infrastructure investments.

In his remarks, Comptroller Emmanuel Oshoba, Customs Area Controller for the Apapa Port Command, welcomed the upgraded facility, stressing that improved working conditions for Customs officers would directly enhance efficiency and service delivery.

He noted that a conducive environment plays a key role in boosting morale and professionalism among officers stationed at the port.

“When officers are given an environment that meets professional standards, it naturally enhances their sense of responsibility and commitment to duty,” Comptroller Emmanuel Oshoba said.

Also read: NDLEA Drug Bust MMIA Exposes Major Cocaine, Tramadol Smuggling Ring

The commissioning reflects ongoing collaboration between port operators and regulatory authorities aimed at strengthening Nigeria’s maritime logistics system and improving trade facilitation at the Lagos Port Complex.

62 / 100 SEO Score

Business

Tinubu to Open Niger Delta Economic Summit in Port Harcourt

Published

on

Tinubu

Tinubu Niger Delta summit opens in Port Harcourt as investors and policymakers gather to drive investment, innovation and industrial growth

(more…)

adron lemon friday

70 / 100 SEO Score
Continue Reading

Business

Dangote Refinery Sets ₦525 Share Price for Landmark IPO

Published

on

Dangote Petroleum Refinery has set its initial public offering price at ₦525 per share, with the company seeking to raise about ₦2.15 trillion as it prepares to enter Nigeria’s public equities market.

adron lemon friday

The Securities and Exchange Commission has approved the offer for 4.1 billion ordinary shares at ₦525 each. If fully subscribed, the offer would generate approximately ₦2.15 trillion, equivalent to about $1.6 billion at current exchange rates.

The offering is expected to open on 14 September 2026, according to Aliko Dangote, the president of Dangote Industries. The planned sale is positioned to become one of the largest equity offerings in Africa.

The IPO marks a significant step in Dangote Group’s plans to broaden ownership of the refinery and raise additional capital for expansion.

The refinery currently has a stated processing capacity of 650,000 barrels of crude oil per day. Dangote has said the company plans to increase that capacity to 1.4 million barrels per day as part of its longer-term expansion strategy.

The planned share sale follows a $1 billion underwriting programme completed in August, providing additional financial backing ahead of the public offering.

The refinery, located in the Lekki area of Lagos State, is one of Africa’s largest industrial projects and has become an increasingly important player in Nigeria’s fuel supply market since beginning operations.

The public offering will give Nigerian investors an opportunity to acquire shares in the refinery directly, while providing Dangote Petroleum Refinery with fresh capital to support its next phase of growth.

The company has also indicated ambitions to expand beyond its current Nigerian operations, with Dangote recently announcing plans for another refinery project in Kenya.

60 / 100 SEO Score
Continue Reading

News

Glo @23: Staff Unite for a Memorable Sports Celebration

Published

on

Glo

Glo marks its 23rd anniversary with a lively staff sports fiesta in Lagos, featuring football, games, prizes and celebrations centred on teamwork (more…)

80 / 100 SEO Score
Continue Reading

Trending News