World Bank Ranks Apapa, Tincan Ports Among Top 20

The World Bank's recent report ranks Nigeria's Apapa and Tincan Island ports among the world's 20 most improved container ports over the past five years, with Tincan Island port placed 10th and Apapa ranked 12th in the global performance index. This recognition is attributed to reforms initiated by Truck Transit Park Limited (TTP) in partnership with the Nigerian Port Authority, which introduced an electronic call system in February 2021.

This system has facilitated the movement of approximately 3.5 million trucks, reducing average turnaround time for cargo access to two days and lowering logistics costs by an estimated 65%. The report highlights a 464% increase in containerized export activities from 2020 to 2021.

Jama Onwubuariri, Managing Director and Co-founder of TTP, emphasized that these improvements stem from bold reforms and technological deployment that have transformed the ports from examples of cost inefficiency to recognized global leaders in operational performance.