TTP reduces cost of moving cargoes from port by 65%
Trucks Transit Parks Limited, TTP, , a leading mobility technology company in the maritime industry has reduced the cost of moving cargoes from the seaports by 65 per cent.
The company also explained that its technology had provided significant cost savings to businesses and improving the competitiveness of the Nigerian economy within two years it commenced operations.
The Managing Director & Co-founder of TTP, Mr Jama Onwubuariri, while addressing the journalidts in Lagos today, said the company had also in the period, digitally managed the movement of over 1.16million port and non-port-bound trucks.
He said: "Today marks its second anniversary by highlighting its key milestones in the efficient movement of trucks in and out of Lagos ports.
TTP has made a profound impact on the logistics and transportation industry, delivering innovative solutions that streamline the cargo movement process, reduce congestion, and improve the overall efficiency of port operations.
TTP's flagship product, Eto, has successfully reduced traffic around the port corridors, resulting in a significant improvement in the average turnaround time for port-bound trucks from an average of two weeks to just three days.
"We are proud to mark this milestone, and to see the positive impact that our technology has had on the industry.".
Onwubuariri noted that the company's commitment to delivering innovative solutions had allowed the management to revolutionise the way that cargo was transported in and out of Lagos ports, saying that the company was confident that its continued growth and success would bring greater benefits to the port industry in the years to come.
He added: " TTP has established itself as a leader in the mobility technology sector and has received widespread recognition for its innovative solutions and impactful results. As the company looks ahead to the future, it remains focused on delivering cutting-edge technology and excellent service delivery and is committed to improving the efficiency and competitiveness of the Nigerian economy."
The Head of Corporate Development, Richard Emenim, said " most people who are asking for competition are not asking altruistically but asking for it because they will like a system that is easily compromised, so they call it Nigerian factor".
