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Sifax Group repositioning to serve the public better’

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By Ifeoma ikem

In a bid to reposition itself, the SIFAX Group, a leading maritime and logistics business in Nigeria, has acquired new handling equipment worth €18 million, even as it has added new departments and personnel.
The procurement of the equipment, which includes several harbour cranes, according to the management, is strategic and in line with the company’s five-year developmental plan to expand and strengthen its capacity, provide better service as well as become a pacesetter in the maritime and logistics sectors of the country.

“Sifax Group is positioning itself to serve the public better and to be ahead of the challenges of the industry in the next five years,” the Group Manager Director, Mr. Adekunle Abdulazeez Oyinloye, told newsmen in Lagos.
“We are constantly reinventing ourselves so that we can serve the public much better.

“The last time we met, probably a few people, a few offices were not in place but because we are growing steadily, we felt we have to alter how we do the business and who and who join us in the business.

“That is the reason early in the year, my humble self left what I knew how to do better in the past to join forces with Dr. Afolabi to further reposition the SIFAX Group. A couple of my colleagues also joined early in the year.

“It is in the path of setting the pace that we began this year looking into the future of maritime and logistics and we are asking ourselves where we are going. Can we get ourselves ready for the task.

“We began the year with a restructuring plan to position ourselves ahead of what is likely to happen in the industry.

,”The future has given birth to what we call five years strategic plan and it is planning and executing the plan that you see many of the people that we have brought on board to drive the new business.

“That is the reason for positioning ourselves to have increased number of bonded terminals.

According to him, in continuation of executing the plan, SIFAX has acquired new handling equipment worth €18 million which is expected to be delivered in few days time.

“To take an average, an harbour crane is about 4.5 million euros and if we say we are expecting four, you can multiply that,” he said.

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