FG partners IFC on $40m automated truck terminals

AS part of measures to facilitate unhindered movements of goods from the nation’s seaports to various destinations nationwide, the Federal Government has sealed $40 million partnership with International Finance Corporation (IFC), an arm of the World Bank to build automated truck terminals.
  Ececutive Secretary of Nigerian Shippers Council (NSC), Hassan Bello, explained on Wednesday that the project would be through the Nigeria Ports Authority (NPA) and NSC.
 He explained that the project would be delivered through the National Freight Information and Transportation Hub (NAFITH), which is a Jordanian Logistics Service Consultant to IFC.
The Lagos State Government and other interested stakeholders are also part of the project expected to  take about 18 months to complete.
  Bello said that the project which will address the Apapa gridlock will be guided electronically, adding that “IFC, an arm of the World Bank, through NAFITH, did the study on behalf of NSC for the government, but also has contribution from Lagos State Government”

 “It will take 18 months to complete the projects, and they will come in stages, getting the land took four months, the Infrastructure Concession Regulatory Commission (ICRC).”
He also disclosed that the project which is on the basis of Build Operate and Transfer (BOT) would be carried out through expression of interest.