• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Economy N20bn Daily Loss: Dangote Assures on Timely Completion of Apapa Road
  • Economy

N20bn Daily Loss: Dangote Assures on Timely Completion of Apapa Road

By
Francis Awowole-browne
-
February 14, 2018
Aliko Dangote
Aliko Dangote

N20bn Daily Loss: Dangote Assures on Timely Completion of Apapa Road

President of Dangote Group, Aliko Dangote has assured that the Apapa Port Wharf concrete road currently under construction by his company, AG Dangote would be delivered on schedule to save the people and businesses the hassles of the traffic gridlock being experienced now.

He gave the assurance yesterday when he visited the construction area in company with the Managing Director of the AG Dangote Construction Company, Mr Ashif Juma to assess the extent of work done.

The Apapa Port road which is the artery of the nation’s non-oil economy, has been in a state of disrepair over a long period of time with experts claiming that the nation is losing about N20 billion daily owing to the state of dilapidation of the road as imports are trapped in the ports for days as a result of traffic gridlock generated by the bad road.

Dangote Group, a pan African Conglomerate and a major stakeholder at the ports brokered a tripartite arrangement with Flour Mills, a leading Nigerian Food Company and Nigerian Port Authority, (NPA), taking over the road from the Federal Government and undertaking the reconstruction of the road into a lasting concrete pavement as part of their Corporate Social Responsibility.

The road construction in which both NPA and Flour Mills have financial outlay as their contributions while AG Dangote Construction, a subsidiary of the Dangote Group, is undertaking the construction, is to cost the three partners N4.3 billion

Dangote said the road will be completed in few months’ time and that Nigerians would be surprised to see the project delivered even before scheduled, saying efforts are being redoubled by his company to ensure quality job and timely completion.

Read Also:

  • Atiku Criticises DSS, Demands Probe of Tinubu Cabinet Following Minister’s Resignation
  • Tinubu: Shuttle Diplomacy and the Power of Showing Up
  • MAAUN Public Health Students Host Seminar to Combat Drug Abuse and Preventable Diseases

According to him: by the time the road construction is completed, even some of the advanced countries would not be able to boast of the quality.”

He explained that what actually delay the take-off of the project was the gas pipeline that has to be relocated to pave the way for unfettered construction work “and having done that, you could see that the work is progressing at a very fast speed.”

The businessman while relying on the reports of the challenges encountered by the site engineers appealed to the authorities to help see to the disturbing issue of multiple check points being mounted by security agencies and which have been creating long queues of trailers and thus affecting free flow of work on the road project.

He also explained that his company has agreed with the federal government to do some palliatives on the Mile2 expressway road to ease the traffic congestion and ensure free flow of vehicular movement.

Dangote stated that the road was very strategic because Apapa and Tin Can Island ports handle about 80 per cent of the cargo that come into Nigeria and the condition of the road has made nonsense of businesses depending on the ports efficient operations.

He said that he more worried about the fate of small businesses and other port users that have imported cargo and whose charges are accumulating every day.

Mr. Juma took Dangote and his team round the construction area and showed him how they have been following the designs handed over to his company.

Speaking in similar vein, Group Managing Director of Flour Mills, Mr. Paul Gbededo said the three partners have shown how to be good corporate citizens saying by the time the road project is completed it would be one never seen before in the country.

Francis Awowole-Browne
Media Relations

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Aliko Dangote
  • Apapa Port
  • Ashif JUma
  • Nigeria
Previous article47 Prison Inmates Get Relief in Ebonyi, Niger States
Next articleEFCC Docks Ex-Nasarawa Gov’s Son, for N92m Fraud
Francis Awowole-browne
Francis Awowole-browne
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Tinubu: Shuttle Diplomacy and the Power of Showing Up

Nigerian Air Force new Headquarters

Badaru Hails NAF’s Vision, Commissions New Headquarters Annex in Abuja

How Irabor’s Book Launch Became National Security Summit as Obasanjo, Jonathan, Kukah, Sultan Spoke on Boko Haram

GWA Award Winners 2025

PHOTOS: Nigeria Customs, IMPR Bag Back-to-Back Golden World Award at IPRA 70th Anniversary

Customs, NCC Strengthen Alliance on Device Monitoring, Security, Public Safety

EFCC Arrests 42 Suspected Internet Fraudsters, Recovers Laptops, Phones in Yobe

Military Foils Terrorist Attacks, Rescues Victims, Dismantles Hideouts in Sokoto, Kebbi

ICPC

ICPC Rises to 3rd Place in Transparency Index, Records Historic Leap in Integrity Score

Nigeria and the Genocide Lie That Refuses to Die By Kabir Abdulsalam

FULL TEXT INDEPENDENCE SPEECH: Tinubu Hails Nigeria’s Progress at 65 Tinubu, Lists Achievements, Promises Brighter Future

Aliko Dangote

FG Brokers Truce in Dangote–PENGASSAN Dispute

President Bola Ahmed Tinubu

Nigeria @ 65: Tinubu Hails Armed Forces, Claims Victory Over Boko Haram, IPOB, Bandits

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Atiku Criticises DSS, Demands Probe of Tinubu Cabinet Following Minister’s Resignation
  • Tinubu: Shuttle Diplomacy and the Power of Showing Up
  • MAAUN Public Health Students Host Seminar to Combat Drug Abuse and Preventable Diseases
  • FutureMap Graduates Over 1,000 Students from STEAM Camp in Jigawa
  • Finally, Tinubu’s Embattled Minister Resigns Amid Certificate Scandal
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Atiku Criticises DSS, Demands Probe of Tinubu Cabinet Following Minister's ResignationTinubu: Shuttle Diplomacy and the Power of Showing UpMAAUN Public Health Students Host Seminar to Combat Drug Abuse and Preventable DiseasesFutureMap Graduates Over 1,000 Students from STEAM Camp in JigawaFinally, Tinubu's Embattled Minister Resigns Amid Certificate ScandalTinubu Confers National Honour on Outgoing INEC Chairman Mahmood YakubuArmy Partners Media to Tackle Fake News, Boost National SecurityBadaru Hails NAF’s Vision, Commissions New Headquarters Annex in AbujaJUST IN: INEC Boss Prof. Yakubu Hands Over Leadership to Acting ChairTroops Repel Terrorists Attacks in Borno, Launch Rescue Operation for Abducted VillagersCAN Refutes ‘Christian Genocide’ Claims, Says Violence in Nigeria Affects All FaithsAlleged Certificate Forgery: Why Uche Nnaji Must Resign or Get Fired ImmediatelyPantami Foundation Graduates 250 Gombe Youths in Tech, EntrepreneurshipTinubu Orders NAHCON to Reduce 2026 Hajj FaresSecurity Operatives Nab Influencers Over Defamatory Campaign Against Senator Shehu Buba
X whatsapp