The management of Petrolex mega Oil City on Saturday said that the completed first phase of the mega oil city in Ogun State would reduce the gridlock in Apapa by 60 per cent.
Mr Segun Adebutu, the MD/CEO of the company said this in a statement issued in Lagos.
The statement said that the Petrolex group, a leading energy conglomerate in the country had begun moves to drastically reduce the gridlock, which had been a source of anxiety to various stakeholders.
“Apapa is known to be home to two of the nation’s busiest seaports, several tank farms and a number of big companies and business activities in the area are a big component of the national economy.
“However, despite its importance, the deplorable condition of Apapa has been a nightmare to port operators, commuters, motorists and the general public,’’ the statement said.
It said that the…
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