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- A terminal relation astatine Apapa larboard has reported its highest-ever export measurement for 1 period successful April 2025
- This is simply a immense betterment from helium fig reported a twelvemonth earlier, and the terminal is looking to acceptable a caller grounds successful 2025
- This corroborates the summation successful Nigeria's non-oil exports, with cocoa and fertilisers astatine the apical of the list
Legit.ng writer Ruth Okwumbu-Imafidon has implicit a decennary of acquisition successful business reporting crossed integer and mainstream media.
The APM Terminals Apapa has announced that it recorded a surge successful the monthly export cargoes successful April 2025.
In April 2025, APM Terminals Apapa handled 8,687 Twenty-Feet Equivalent Units (TEUs) of export cargoes, reflecting a 30% summation from the 6,606 TEUs successful April 2024.
A connection released by the APM terminal connected Sunday confirmed that this is the highest fig recorded successful a azygous period since its inception successful 2006.
Source: Getty Images
Export volumes person shown accordant maturation successful caller years, expanding from 53,807 TEUs successful 2022 to 70,432 TEUs successful 2023, and reaching 77,631 TEUs successful 2024.
Several caller items person been added to Nigeria's export database successful caller times, including the new Obodo blend of the saccharine crude, exported by Mike Adenuga's Conoil Producing.
How expanding exports impact Nigeria
APM Terminals Manager, Steen Knudsen, emphasized that the accordant maturation successful exports has positively impacted Nigeria’s commercialized balance.
Knudsen highlighted that the national government’s absorption connected boosting exports has led to important improvements astatine the terminal, including the motorboat of a caller obstruction work successful February 2025 to streamline the question of goods to Apapa port
He added that the relation has successfully reduced the clip exports walk successful the terminal by expanding gait capableness and introducing dedicated motortruck lanes to streamline the process and velocity up vessel departure.
Knudsen stated that Nigerian shippers get to payment erstwhile they can permission the ports afloat loaded with exports arsenic against leaving empty. This importantly improves the wide outgo of shipment, the PUNCH reports.
Knudsen acknowledged the enactment from the Nigerian Ports Authority, Nigerian Railway Corporation, and different stakeholders, which has enabled APM Terminals Apapa to heighten its services.
Dangote acceptable to export much polypropylene
Recall that Dangote Packaging Limited has disclosed plans to summation its polypropylene exports into the African market.
The company’s committee chairman, Robert Ade-Odiachi, stated this astatine a caller committee meeting.
Source: AFP
He highlighted the value of the move, saying the institution is raising its accumulation from 36 cardinal to 56 cardinal polypropylene bags per month.
Nigeria's non-oil exports increase
In related news, Nigeria's non-oil exports person accrued to $1.7 billion, with its maturation outpacing lipid exports.
The Nigerian Export Promotion Council (NEPC) released the database of apical non-oil exports from January to March 2025, showing that respective products remained connected the list, portion a fewer others joined in.
Legit.ng reported that cocoa had consolidated its presumption arsenic Nigeria's apical non-oil export, with astir fractional of the full non-oil exports originating from cocoa and related products.
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Source: Legit.ng
