- Crude Oil Emerges Top Commodity at Lagos Ports in August
- Handle 2.39m Tonnes of Crude Oil as Bulk Cargoes Rise
- Outpaces Wheat, Other Commodities in August
Crude oil dominated cargo movement through Lagos ports in August, with total reported volumes reaching about 2.39 million metric tonnes as petroleum and other bulk commodities continued to account for a major share of activity at the state’s maritime gateways.
Eko Hot Blog gathered that available figures showed that 1.87 million metric tonnes of crude oil arrived at the Lekki Deep Sea Port during the first week of August, while another 524,742 metric tonnes was scheduled for discharge at the Apapa Quays before the end of the month.
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The figures put crude oil well ahead of other commodities recorded across the ports during the period.
Bulk wheat ranked second, with a combined volume of 321,849 metric tonnes. The commodity accounted for 176,243 metric tonnes in the first week of August, with another 145,606 metric tonnes expected later in the month.
Other major commodities on the import chart included aviation fuel, with 118,000 metric tonnes, and bulk fertiliser, which stood at 44,000 metric tonnes.
Additional data covering port activity up to August 10 showed that petroleum products and other bulk commodities continued to feature prominently in cargo movement.
During the period, 1.53 million metric tonnes of crude oil was recorded as having been received through the port for distribution across the country.
Aviation fuel accounted for 245,600 metric tonnes, while Automotive Gas Oil, AGO, stood at 104,000 metric tonnes.
Bulk urea also featured prominently, with 99,000 metric tonnes recorded.
The Lekki Deep Sea Port recorded considerable vessel activity during the first 10 days of the month, with 25 vessels involved in import shipments.
However, no containerised cargo was recorded at the Lekki port during the period under review.
The figures highlight the continued role of Lagos ports in the movement of crude oil, petroleum products, agricultural inputs and other bulk commodities into the Nigerian market.
With crude oil accounting for the largest reported volume, the August figures also point to the continued importance of petroleum related cargo in Nigeria’s maritime and import activities.
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