Operator expresses worry as insecurity compounds logistic sector’s woes
Red Star Express is concerned about the recent wave of unrest in the nation and claims that it has had a detrimental effect on the country’s logistics industry.Information Guide Nigeria
Auwalu Badamasi Babura, Group Managing Director and Chief Executive Officer of Red Star Express Plc, said this in Lagos while briefing the media on the company’s 30th anniversary.
👉 Relocate to Canada Today!
Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaThe whole logistics industry has been harmed by the country’s insecurity, according to Babura, who said that Redstar Express was unable to transport supplies to several areas, particularly in the north and some eastern states.
He encouraged the Federal Government to resolve the issue permanently.
Other Top Stories:
- Nigerian startup, Kippa, raises $8.4 million to expand offerings to Nigerian SMEs
- Consumer Protection Commission projects N14.3billion revenue target for 2023
- Jeremy Awori to succeed Ade Adeyemi as Ecobank Group CEO
- Gas output: ‘Pipeline sabotage, insecurity undermining Nigeria’s output, export’
Babura said that the company’s adoption of technology came at the ideal time to help it maintain its position as a pioneer in the courier and logistics industry and grow its market share.
Despite its global objectives, he asserted that Red Star will continue to concentrate on expanding in Nigeria, where it presently operates 166 offices, more than 1,600 vehicles, a fleet of trucks, bikes, and top-notch warehouses.
Red Star also plans to soon open a vehicle service center on the Lagos-Ibadan expressway corridor and a warehouse at the international airport in Lagos as part of its strategic rapid expansion to take care of its sizable flee
The Managing Director also stated, “In the last 30 years, Red Star Express has achieved several milestones, which includes a sustainable business partnership with FedEx since 1994.”