Business
Nigeria Targets $6trn Cargo Export Business
The Federal Government of Nigeria is targeting more revenue from aviation cargo export estimated at over $6 trillion globally.
The air cargo, including export of agricultural produce from Nigeria, accounted for about 35 per cent of global trade last year, according to the International Air Transport Association (IATA).
Consequently, the Federal Government is seeking more participation in this value chain by putting in place action plans and interventions that will bridge the turnaround time for cargo facilitation at the airports.
Towards this end, The Tide’s source gathered that Lagos, Abuja, Kano, Owerri, Port Harcourt, Calabar, Enugu, Makurdi, Minna, Jos, Ilorin, Yola and Kebbi terminals have been designated for cargo and passenger operations.
Besides, some State Governments, which include Anambra, Ebonyi, Ogun, Ekiti, and Yobe, have invested huge funds to drive the cargo export value chain.
According to the Airports Council International (ACI), the Murtala Muhammed International Airport (MMIA), Lagos, ranks fifth in Africa with 204, 649 tonnes of cargo air freighted in the last few years.
Ethiopia’s Addis Ababa Bole International Airport ranks fourth with 226, 417 tonnes of cargo, and South Africa’s Oliver Reginald International Airport ranks third with 304, 018.
Egypt’s Cairo International Airport, ranks second with 333,536 tonnes, Kenya’s Jomo Kenyatta International Airport, with 363, 204 tonnes of cargo.
Managing Director, Federal Airports Authority of Nigeria (FAAN), Mr Kabir Yusuf Mohammed, said the government is using intentional infrastructure, Aviation Cargo Village at the Lagos Airport, other international airports and cargo facilities, to drive agro-produce export.
Mohammed at a forum said the Federal Government is committed to driving air cargo export by creating airport facilities that combine speed and efficiency in delivery.
He said in the first half of 2021, a total of 16.7metric tonnes of cargo was exported through our airports. He said a total of 17.7 metric tonnes were exported in the first half of last year, resulting in 6.2 per cent increase from 2021 export figure.
Mohammed said: “But, in same period in 2023, a total of about 12.9 metric tonnes was airlifted, leading to a further drop by 29.5 per cent”.
But, IATA report blamed the poor performance on volatility resulting from supply chain constraints and economic conditions.
Experts said Nigeria could increase activities in the air cargo value chain if concerned authorities address the inadequate insurance coverage in cargo facilitation.
Besides, they said authorities must address inadequate standardisation and certification of cargo items, particularly farm produce, sub- standard packaging, processing and traceability.
Mohammed said: “Government needs the partnership of the private sector to really provide the necessary infrastructure that will make these airports truly cargo facilitating airports.
“With proper partnership, we can leverage the land mass available in our airports, and establish world-class cargo facilities to further enhance cargo facilitations.
“Fresh organic produce like cashew, avocado, exotic flowers, yams, must be well packaged, processed and certified to meet the destination standards”.
Also, Managing Director/Chief Executive Officer, JOHDIC Resources Limited, Mr John Ekeanya, said the logistic industry has a huge role to play in the participation of Nigeria in the air cargo export value chain.
Growth in the logistics sector, he said, is expected to continue in the coming years, with a projected compound annual growth rate (CAGR) of 5.5 per cent between 2020 and 2025.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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