Operational efficiency: SIFAX subsidiary procures $20million equipment
.SIFAX Group will become first choice terminal in W/Africa-Says Oyinloye
By Udeme Clement
The Ports and Cargo Handling Services Limited, one of the subsidiaries in SIFAX Group has procured more modern cargo handling equipment, as part of its measures to enhance operational efficiency in the business.
The Group Managing Director of SIFAX Group, Mr Adekunle Oyinloye said this while unveiling the modern equipment worth over $20 million in Lagos.
Some of the modern equipment unveiled before news men and other stakeholders in the maritime industry include nine Reach Stackers; five shore cranes; 10 terminal tractors, five Nissan pickup vans and four trailer backs, among others.
Speaking further, Oyinloye pointed out, “The acquisition was part of the company’s strategic investments to deliver quality service to its clientele, in order to attract more patronage”.
He went on, “Now, with our new internal restructuring project code named quantum leap, SIFAX Group is repositioning itself to become the first choice terminal, not just in Nigeria but in West Africa.
“Also, we have set a target that will increase our revenue with over 300 percent in five years. One of the ways we can achieve our targets is to begin with investment in equipment, which will complement our excellent personnel asset.
“These new equipment are the latest and best in the industry. In fact, they will enhance greater efficiency in our operations, as we work towards adding more value to what we are doing”.
He emphasized, “The additional state-of-the-art equipment are meant to enhance our operations, in order to position the Company as a first-choice terminal for port users, particularly the importers, exporters, as well as shippers in Nigeria and within the West African Sub-Region”.
In the same vein, the Managing Director, Ports and Cargo Handling Services Limited, Mr John Jenkins said, “There was need to acquire the latest equipment, so as to meet the architecture requirements of modern ship calling at the Company’s terminal in TCIP”.
In her remarks, the Managing Director, Nigerian Ports Authority, NPA, Hadiza Bala Usman commended the Company for procuring the new equipment.
Speaking through her representative, the NPA Assistant General Manager, Operations, Aisha Ali Ibrahim, she enthused, “It is a thing of joy that an indigenous company is competing favourably with foreign multinationals in the maritime sector, in terms of investment, manpower and quality of service delivery”.
More so, the Company known as the flagship of SIFAX Group is the operator of Terminal ‘C’ in Nigeria’s second busiest port, TinCan Island Port Complex, TCIP, Apapa, Lagos.