Nigerian port is currently adjudged as one of the most expensive ports in the West African sub-region due to long dwell time of cargo, high cost of doing business resulting from cargo clearing delay, high level of manual processes, and human interference.
The completion and commencement of commercial activities at the $1.5 billion Lekki Port, an automated port with 16.5 meters draft, will spur competition and enable economies of scale that will automatically save cost for consignees, stakeholders have said.
The business of moving containers in Nig
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
