Many companies are said to be relocating from Apapa in Lagos State due to the gridlock usually experienced by motorists and commuters on the Mile 2/Tin-Can Island-Apapa Expressway, National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) said on Sunday in Lagos.
The president of the association, Lucky Amiwero, said that many companies had also closed shops as a result of the `bottleneck’ usually created by the gridlock.
Amiwero said that many people had stopped coming to the ports due to the bad roads.
“The gridlock is killing the economy. The economy is being affected by the gridlock. `The gridlock is affecting the going and coming out of the ports. This has also contributed to the high costs of goods in the country,” Amiwero said.
He explained that this was why Nigerian ports had been tagged as one of the most expensive ports in the world.
Amiwero said the ports in Lagos control 80 per cent of the cargo throughput (imports and exports) in the country.
He described Lagos as the commercial nerve centre of the country, adding that the gridlock had critically affected both imports and exports.
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