Despite the outcry over illegal incursions, barge operators have earned $1.2 billion from four million import and export container shipments. It was learned that it costs 500,000 to lift a container by barge to its destination within Nigerian waters.
While the operators complain that foreigners are dislodging them from the business with their superior vessels, the Barge Operators Association of Nigeria (BOAN) said that it mobilised four million of 20-feet equivalent containers from imports and exports between 2019 and 2024.
The President of the association, Mr. Olabunmi Olumekun, said in Lagos that the association had no fewer than 82 companies with about 2,000 barges and tugboats operating at the Nigerian waterways.
Read more at Newtelegraphng
While the operators complain that foreigners are dislodging them from the business with their superior vessels, the Barge Operators Association of Nigeria (BOAN) said that it mobilised four million of 20-feet equivalent containers from imports and exports between 2019 and 2024.
The President of the association, Mr. Olabunmi Olumekun, said in Lagos that the association had no fewer than 82 companies with about 2,000 barges and tugboats operating at the Nigerian waterways.
Read more at Newtelegraphng
