By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ng
  • News
    • Politics
    NewsShow More
    WAEC to Introduce CBT for WASSCE
    September 23, 2023
    Dauda Lawal
    Zamfara State Governor Enforces Ban on Illegal Mining to Curb Banditry
    September 23, 2023
    Tribunal Upholds Election of Hyacinth Alia as Benue State Governor
    September 23, 2023
    Olabode Shaheeb Agoro
    Sanwo-Olu Appoints Olabode Agoro as New Lagos’ Head of Service
    September 22, 2023
    Army Rescues Six Abducted Zamfara Varsity Students
    September 22, 2023
  • Entertainment
    EntertainmentShow More
    Charles Granville
    Renowned Actor and Filmmaker Charles Granville Is Dead
    September 23, 2023
    Whitemoney
    Whitemoney Reveals Betrayal by His Team During Big Brother Naija All Stars
    September 23, 2023
    Let Mohbad’s Widow Grieve in Peace, Stop DNA Test Demands – Mary Njoku
    September 22, 2023
    Mohbad
    Mohbad: Police announce completion of autopsy, await result
    September 21, 2023
    Tinubu Extols Wife on Her 63rd Birthday
    September 21, 2023
  • Business & Economy
    Business & EconomyShow More
    FG to Collaborate with NGX to Stimulate Startup Listings on Tech Board
    September 22, 2023
    Central Bank of Nigeria (CBN)
    Central Bank of Nigeria Postpones 293rd Monetary Policy Committee Meeting
    September 21, 2023
    Farooq Adedayo Oreagba
    NG Clearing Appoints Farooq Oreagba as Managing Director and CEO
    September 20, 2023
    Abdul Samad Rabiu
    BUA Cement Plans to Reduce Cement Prices from N5,500 to N3,500 – Abdul Samad Rabiu
    September 16, 2023
    L-R: Executive Commissioner, Technical Services, Nigerian Communications Commission (NCC), Ubale Maska; Group Managing Director/Chief Executive Officer, VDT Communications Limited, Biodun Omoniyi; Executive Vice Chairman/Chief Executive Officer, NCC, Prof. Umar Danbatta and President, Association of Telecom Companies of Nigeria (ATCON), Tony Emoekpere, at Telecom Executives and Regulators Forum hosted by ATCON in Lagos on Thursday (September 7, 2023).
    Nigeria’s Telecom Contribution to GDP Hits 16% – Danbatta
    September 8, 2023
  • Sport
    SportShow More
    Quadri Aruna
    Quadri Aruna Clinches Gold at ITTF Championships in Tunis
    September 17, 2023
    Tobi Amusan
    Tobi Amusan Secures Third Consecutive Diamond League Title in 100m Hurdles
    September 17, 2023
    Adekunle Gold Takes Center Stage as Manchester United, Adidas Unveil LFSTLR Collection
    September 12, 2023
    NFF Approves Nigerian League Name Change
    September 12, 2023
    Paul Pogba
    Juventus Star Paul Pogba Provisionally Suspended Over Alleged Anti-Doping Offence
    September 11, 2023
  • Tech
    TechShow More
    YouTube Introduces AI-Powered Features to Empower Content Creators and Artists
    September 21, 2023
    NCC
    NCC Introduces New Numbering Format for Fixed Lines
    September 20, 2023
    Google's Bard now has extensions
    Google’s Bard AI Chatbot Introduces Extensions for Enhanced Collaboration Across Products
    September 20, 2023
    National Coordinator, Office for Nigerian Digital Innovation (ONDI), Yakubu Musa delivering the Director General National Information Technology Development Agency (NITDA), Kashifu Inuwa, Keynote address at the Innovation Support Network (ISN) Gathering 2023.
    Collaboration is Key to Sustainable Innovation, Says NITDA Director-General at ISN 2023 Gathering
    September 18, 2023
    Apple Unveils iPhone 15 Pro and iPhone 15 Pro Max: Everything You Need to Know
    September 14, 2023
Reading: SIFAX Logistics Company Expands Fleet with 13 New Trucks to Boost Haulage Operations
Share
Notification Show More
Aa
Okay.ngOkay.ng
Aa
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Okay.ng on WhatsApp
  • Careers
  • Submit News to Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Business

SIFAX Logistics Company Expands Fleet with 13 New Trucks to Boost Haulage Operations

Muhammad A. Aliyu By Muhammad A. Aliyu August 18, 2023
Share
3 Min Read
Adewale Adetayo, General Manager, SIFAX Logistics Company Limited (m) and other management team members of the terminal during the unveiling of the 13 brand-new MAN Diesel trucks acquired by SIFAX Logistics Company Limited recently.
Adewale Adetayo, General Manager, SIFAX Logistics Company Limited (m) and other management team members of the terminal during the unveiling of the 13 brand-new MAN Diesel trucks acquired by SIFAX Logistics Company Limited recently.
SHARE

SIFAX Logistics Company Limited, a subsidiary of SIFAX Group, has taken a significant step to enhance its operations by acquiring 13 new trucks.

These brand new additions, 33 tons 6×4 MAN diesel vehicles with 400 horsepower, will fortify the company’s capacity to excel in long-distance and interstate deliveries.

This strategic move is expected to bolster the company’s market share and competitive edge in the logistics sector.

The latest acquisition has expanded SIFAX Logistics Company’s fleet to a total of 114 trucks.

- Advertisement -

According to Adewale Adetayo, General Manager of SIFAX Logistics Company Limited, the decision to procure these new trucks was prompted by a notable surge in demand for the company’s haulage services throughout the country.

He said: “In order to maintain our market dominance and expansion to various new routes within the country, management decided to embark on the purchase of these new trucks. Our target is to expand rapidly and we have mapped out a strategic plan to acquire 200 new trucks before the end of the 2024 business year. This will be done in phases and we have started with 13 for now. We hope to buy another 20 in the next phase of our acquisition plan.”

Speaking on the brand of trucks purchased, Adetayo said the company went for the MAN diesel brand, which is a German product, because of its high rating in the logistics ecosystem, durability, load-bearing capability, driving stability and adaptability. 

Dr. Taiwo Afolabi, Chairman of SIFAX Group, highlighted the company’s commitment to investing in the Nigerian economy even during challenging times.

A section of the brand-new MAN diesel trucks acquired by SIFAX Logistics
A section of the brand-new MAN diesel trucks acquired by SIFAX Logistics
Another view of the brand-new MAN Diesel trucks acquired by SIFAX Logistics
Another view of the brand-new MAN Diesel trucks acquired by SIFAX Logistics
A cross-section of the brand-new MAN Diesel trucks acquired by SIFAX Logistics
A cross-section of the brand-new MAN Diesel trucks acquired by SIFAX Logistics

“We are aware many businesses are not favourably disposed to investing at this moment due to the prevailing economic reality. But the reality is that some economic activities like production and movement of goods will almost always demand for haulage services even in challenging times. We are scaling up through the acquisition of these trucks because of the huge potential in the industry.

“The economic outlook for the country is looking bright and we know that once the economy bounces back, we would reap the rewards of our investments. Many businesses, both existing and potential clients, continue to reach out to us due to the credibility and efficiency we have achieved over the years. To meet these agreements, we need a larger fleet”, he noted.

TAGGED: SIFAX Group
Share This Article
Facebook Twitter Whatsapp Whatsapp Telegram Email Copy Link Print
What do you think?
Happy0
Love0
Sad0
Angry0
Joy0
Surprise0

Connect with Okay on Social

Facebook Like
Twitter Follow
Instagram Follow
Telegram Follow
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Charles Granville
Renowned Actor and Filmmaker Charles Granville Is Dead
Celebrities
WAEC to Introduce CBT for WASSCE
Education
Dauda Lawal
Zamfara State Governor Enforces Ban on Illegal Mining to Curb Banditry
News
Whitemoney
Whitemoney Reveals Betrayal by His Team During Big Brother Naija All Stars
Entertainment
Tribunal Upholds Election of Hyacinth Alia as Benue State Governor
News
- Advertisement -

You Might Also Like

Business

FG to Collaborate with NGX to Stimulate Startup Listings on Tech Board

September 22, 2023
Central Bank of Nigeria (CBN)
Business

Central Bank of Nigeria Postpones 293rd Monetary Policy Committee Meeting

September 21, 2023
Farooq Adedayo Oreagba
Business

NG Clearing Appoints Farooq Oreagba as Managing Director and CEO

September 20, 2023
Abdul Samad Rabiu
Business

BUA Cement Plans to Reduce Cement Prices from N5,500 to N3,500 – Abdul Samad Rabiu

September 16, 2023
Previous Next
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2022 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Okay.ng on WhatsApp
  • Careers
  • Submit News to Okay.ng
Welcome Back!

Sign in to your account

Lost your password?