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System irregularities fueled loss of bidders’ interest in Customs online auction

…Officers decry number of vehicles rotting away at ports, FOUs Fresh facts have emerged on why nothing is being heard again about online auction of seizures made by the Nigerian Customs Service (NCS). Investigations by Business Hilights Intelligence Unit (BHIU),…

Dearth of infrastructure outside ports killing facility upgrade by concessionaires—Russo

The managing director of PTML Terminal in Tincan Island Port, Apapa, Ascanio Russo, has made a touching revelation on the causes of endless traffic gridlocks along all port access roads in Lagos. In an interview, he “The level of infrastructure…

Cost of doing business at Nigerian ports still prohibitive—PTML boss, Russo

Contrary to the claims of the Nigerian Ports Authority (NPA) and other federal maritime agencies that ease of doing business at ports have blossomed leading to serious drop in cost of doing business, the managing director of PTML Terminal, Ascanio…

PTML voids NIWA claims, provides barges to its off dock terminal in Mile 2 Lagos

Contrary to the position of National Inland Waterway Authority (NIWA) that there is no plan to move cargos using the ports waterways, the management of Ports & Terminal Multiservices Ltd (PTML Terminal) Lagos has commenced evacuation of Customs cleared containers…