Tayo Ogunbiyi
Few hours to the official inauguration of the Deep Seaport, the port received the first commercial container vessel. The port is equipped with tank farm storage, loading arms, and connected by pipelines running along the breakwater to carry finished products cargo like petrol and diesel between the tank farm and the vessels.
It has three terminals: the container terminal, the liquid terminal and the dry bulk terminal. The container terminal has an initial draft of 14 meters, with the potential for further dredging to 16.5 meters. The terminal is able to handle 2.5 million 20-foot standard containers per year. There are three liquid berths at the port. The liquid cargo terminal will handle vessels up to 45,000 DWT and can expand to reach a capacity of 160,000 DWT. Liquids will be handled at a tank farm near the port. The docking area is equipped with loading arms. It is also connected by pipelines along the breakwater. The bulk terminal with available quay length of 300m can accommodate a Panamax class vessel .
Lagos makes a significant contribution to the Nigerian economy. It contributes 30% to Nigeria’s GDP. This is remarkable considering that Lagos is home to only 10% of the population of Nigeria. The majority of Nigeria’s manufacturing is based in Lagos as well as many service industries such as finance. All of these factors combine to encourage industry to locate in Lagos.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Source: MobilePunch - 🏆 8. / 63 Read more »
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Source: MobilePunch - 🏆 8. / 63 Read more »
Source: GuardianNigeria - 🏆 1. / 94 Read more »