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NEPC hails SIFAX Shipping, ECU Worldwide LCL export partnership

Metro File by Metro File
September 6, 2024
in Business
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NEPC hails SIFAX Shipping, ECU Worldwide LCL export partnership
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  • Sifax Group’s Assistant General Manager, Business Development, Puneet Arora (left), ECU Worldwide Country Manager-Nigeria, Arnold Jackson, Director, Office States Coordinating Director, Nigerian Export Promotions Council (NEPC), Ololade Dawodu, and others at the International Business Conference & Expo in Lagos

By Anthony Nwachukwu

The Nigerian Export Promotion Council (NEPC) has lauded the collaboration between SIFAX Shipping and ECU Worldwide, describing it as a venture capable of boosting the nation’s export capacity and earnings. 

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The NEPC Director, State Offices Coordinating Department, Mr. Arnold Jackson, said this at the 2024 edition of the International Business Conference & Expo, hosted by the Lagos Chamber of Commerce and Industry, with the theme, “Invest Nigeria.” 

The two-day event held in Lagos attracted key stakeholders and investors from around the globe, who are interested in investing in Nigeria.

Describing the partnership as “laudable”, Jackson noted that the availability of less-than-container-load (LCL) services would make Nigerian products more competitive in the global market, thereby increasing the country’s export volume and foreign exchange earnings. 

He further assured both SIFAX Shipping and ECU Worldwide that NEPC would promote the service to the exporters the agency works with, in other to support their export ambitions and improve the country’s export volume.

In a significant milestone as the first of such service in the country, the first LCL vessel departed Lagos for Antwerp, Belgium, in August 2024. 

Commenting on that, Head of Groupage at SIFAX Shipping, Mr. Adekunle Owobamirin, said the partnership was a product of the company’s commitment to providing business solutions capable of positively impacting the nation’s economy. 

He added that LCL export service will also support small-scale business owners and help them in reducing costs, stating: “This partnership with ECU Worldwide is a testament to our commitment to providing innovative and world-class logistics solutions that will enhance Nigeria’s trade capacity and competitiveness on the global stage. 

“The introduction of LCL export services will provide Nigerian exporters with more options, reduce logistics costs and ultimately contribute to the growth of the nation’s economy.

 “The first vessel has sailed successfully, and we are looking at supporting Nigerian small and medium-scale businesses to export their products to major markets around the world.”

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