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Shipping firm promotes movement of agro-products by rail

According to the firm, the cargo train was received in Lagos by officials from COSCO Shipping, Nigeria Railway Corporation, and Temerity International experts, who facilitated the arrangement.

The Head of Logistics at COSCO Shipping Nigeria, Michael Echezona, commended the collaborative efforts of stakeholders, stating that the successful transaction would boost investor confidence in Nigeria’s rail option and logistics supply chain system.

He emphasised the need for stronger collaboration and urgent attention from the Federal Ministry of Transportation to fast-track the standard gauge line.

Echezona stated that it would resuscitate the Nigerian economy and position the country as a regional economic hub while ensuring the effective distribution of goods to and from the hinterlands.

“Following the implementation of the Belt and Road Initiative, which brought progressive prosperity to Nigeria and promoted the development of the logistics supply chain, allowing more goods to be transferred from the hinterland to the port via local services, Nigeria and, by extension, the African continent has generally experienced significant infrastructural growth as a direct result of the initiative, which has primarily targeted greater connectivity and trade growth,” he noted.

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