Menu

SIFAX

SIFAX

SIFAX logistics acquires 13 new trucks to boost capacity

,

Lagos, Aug. 20, 2023: SIFAX Logistics Company, the haulage subsidiary of SIFAX Group, has boosted its operations with the acquisition of 13 brand new trucks.

Mr Adewale Adetayo, General Manager, SIFAX Logistics Company Ltd., said this in a statement on Friday in Lagos.

He said the trucks, 33 tons 6×4 MAN diesel vehicles with 400 horsepower, would help the company increase its market share and competitiveness in long-distance and interstate deliveries for Nigerian citizens.

According to him, the acquisition brings the trucks in the company’s fleet to 114.

Adetayo said the truck additions became necessary due to the upsurge in demand for the company’s haulage services across the country.

“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,” he said.

On the brand of trucks, Adetayo said the company settled for the MAN diesel brand and German product, because of its high rating in the logistics ecosystem, durability, load-bearing capability, driving stability and adaptability.

Commenting, Dr Taiwo Afolabi, the Chairman, SIFAX Group, said the company had always braved the odds to invest more in the Nigerian economy during downtimes.

“We are aware many businesses are not favourably disposed to investing at this moment due to the prevailing economic reality but not ours.

“The reality is that some economic activities like production and movement of goods will 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,” Afolabi said.

Afolabi said the “economic outlook of Nigeria is looking bright and we know that once the economy bounces back, we will reap the rewards of our investments.”

According to him, many businesses, both existing and potential clients, continue to reach out to them due to the credibility and efficiency they have achieved over the years.

“For us to meet these demands and agreements, we need a larger fleet,” Afolabi said.

SIFAX

SIFAX Group appoints new GMD for Sky Capital

,

SIFAX Group Board has approved the appointment of Mr Bode Ojeniyi as the Group Managing Director (GMD), Sky Capital Group, the financial services subsidiary of the Group.

It also appointed Mr Oliver Omajuwa, as the Deputy Director, Strategy & Operations, for SIFAX Group.

This is container in a statement signed by Mr Muyiwa Akande, Group Head, Corporate Communications, SIFAX Group, on Friday in Lagos.

Akande said that prior to these new appointments, Ojeniyi served as the Group Executive Director, SIFAX Group, while Omajuwa was the General Manager, SIFAX Off Dock.

“Ojeniyi, an astute financial expert with about three decades of professional experience in the financial services industry, will seek to deploy his wealth of experience to direct and reposition the Sky Capital Group to become one of the leading financial institutions in Nigeria and globally.

“He holds a Bachelor of Science Degree and a Master’s of Science Degree in Agricultural Economics from the University of Ibadan. He also holds a Master’s in Business Administration (Strategic Management) from the Ogun State University.

“He is a Fellow of the Institute of Strategic Management of Nigeria and the Institute of Credit Administration of Nigeria; a member of the Chartered Insurance Institute of Nigeria and the Chartered Insurance Institute, United Kingdom and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria,” he said.

Akande noted that Ojeniyi had previous working experience with Ecobank Nigeria, Access Bank and WAPIC Insurance.

OLiver Omajuwa, Deputy Director, Operations and Strategy, SIFAX Group.

He said that Omajuwa a graduate of Business Administration from the Ambrose Alli University, Ekpoma, Edo State also hold an MBA (Marketing) from the Ladoke Akintola University of Technology (LAUTECH), Ogbomosho, Oyo State.

He added that Omajuwa joined SIFAX Group in 2006 as a Marketing/Corporate Affairs Officer, and rose through the ranks occupying key positions including Head, Marketing & Corporate Affairs and General Manager, SIFAX Off Dock.

“Prior to joining SIFAX Group, Omajuwa worked with Classic Beverages – producers of La Casera range of beverages as pioneer Sales Analyst; Air Separation Nigeria Limited, manufacturers of medical and industrial oxygen gas, as Chief Marketing Officer and Duraclean Gases as Admin/Marketing Manager.

“He is a fellow of the National Institute of Marketing of Nigeria, a member of the Nigeria Institute of Public Relations, Fellow of International Logistics & Administration and member, Nigeria Institute of Shipping.

Akande quoted Dr Taiwo Afolabi, Chairman, SIFAX Group, as saying that said the appointments reflect the commitment of the Group to the company’s vision of driving business growth and delivering excellent services to the satisfaction of its clientele.

Afolabi noted that this would be acheived through the deployment of best talents.

SIFAX

Minister lauds SIFAX Group, pledges government’s support

,

Mr Muazu Sambo, Minister of Transportation, has lauded SIFAX Group for its socio-economic impact on the nation’s development and promised to support the company’s businesses in order to contribute more to the economy.

He made this known during an inspection tour of Ports & Cargo Handling Services Ltd., the flagship business of SIFAX Group, at Tin Can Island Port in Lagos on Friday.

According to him, SIFAX Group and its subsidiaries are adding great value to the Nigerian maritime sector and by extension the economy and deserves the government’s support.

“I am excited at what your company is doing. You are really doing a great job. I want to assure you that we will look into the issue of concession renewal and make sure that this is wrapped up in no time.

“All the challenges being faced by your business have been outlined and we have begun consulting relevant agencies to make sure that we tackle them headlong.

“The maritime sector is dear to my heart and with the right atmosphere it can become the major earner for government. We will make sure that this terminal will operate at maximum capacity in no time,” he said.

Mr John Jenkins, MD, Ports & Cargo Handling Services Limited, while welcoming the minister noted that the company was committed to exploring the potentials of the maritime sector.

He added that SIFAX Group, the parent company, was continually investing in the terminal in order to deliver best value for all customers and grow the industry.

Capt. Ibraheem Olugbade, the Executive Director, SIFAX Off Dock Nigeria Ltd., also highlighted SIFAX Group’s intervention in the maritime sector through the development of various inland container terminals around Tin Can and Apapa Ports.

“We have developed various inland container terminals around Apapa and the most important of them is SIFAX Inland Container Terminal, located at Ijora.

“In the nearest future, we are hoping to receive vessels at this terminal. We move boxes from various terminals to the off docks and also receive empty containers too,” he said.

The minister was taken on a tour of Ports & Cargo Handling Services Ltd., and SIFAX Inland Container Terminal, Ijora, Lagos.

SIFAX

SIFAX Terminal bags ISO 9001 Quality Certification

SIFAX Inland Container Terminal, Lagos has been awarded the International Organisation for Standardisation (ISO 9001:2015) certification for quality management system.

ISO 9001 is an international standard that specifies requirements for a Quality Management System (QMS).

This is contained in a statement in Lagos on Monday signed by Mr Muyiwa Akande, Group Head, Corporate Communications, SIFAX Group.

Oranisations use the standard to demonstrate the ability to consistently provide products and services that meet customer and regulatory requirements.

At the presentation, Mr Ope Bashorun, Chief Executive Officer, West Sealand International Security Services Limited, was at the presentation of the certification.

Bashirun said the project consultants alluded to the fact that the high operational standards the company subscribe to made the ISO audit exercise an interesting one for his team.

“In the 21st century workplace, standards are becoming a differentiation factor.

“The competitiveness of the business environment and the need to deliver quality make them more imperative for any business that has a long-term vision.

“We are delighted to have worked with you all through the stages and we are convinced the certification will positively impact your service delivery,” he said.

In his response, Mr Paul Linden, Managing Director, SIFAX Inland Container Terminal, said the drive towards becoming a globally-compliant company and the need to constantly evolve motivated the certification project.

“One of the things we needed to put in place in readiness for the actualisation of our vision of becoming a port where large vessels will berth is the ISO certification.

“In partnership with our consultant, WSI International, we were able to plan and work towards making this certification a reality.

“This certification is a validation of our efforts in providing quality service. I am grateful to my team and the management for the support we got towards achieving this milestone,” he said.

Linden assured that the company would maintain the high standards that qualified the subsidiary for the certification.

SIFAX

SIFAX spends N250m on Corporate social responsibility

,

SIFAX Group, a conglomerate, has said that it spent over N250 million on Corporate Social Responsibility (CSR) programmes across Nigeria in 2021.

The group is involved in investments in the maritime, aviation, logistics, oil and gas, financial services and hospitality.

Taiwo Afolabi, Group Executive Vice Chairman, SIFAX Group, made this known in a statement in Lagos signed by Mr Muyiwa Akande, Corporate Affairs Manager, SIFAX Group.

According to Afolabi, the company’s CSR was focused primarily on education, health, economic empowerment (youth and women) and the physically-challenged.

“On education and health, hundreds of indigent students enjoyed full scholarship, equipment and facilities were donated to public educational and health institutions, while individuals with medical emergencies also received financial support.

“Youth and women economic empowerment also took a large chunk of the budget, with skill acquisition trainings organised for unemployed youths and women across the country.

“Business grants were also extended to those who completed the training programmes. Some targeted and disadvantaged households were also catered for as food items were donated to them on a monthly basis.

“Various initiatives targeted at the physically-challenged children living with conditions like autism, down syndrome and the blind were also supported by the company in the course of the year,” he said.

He noted that most of the projects were executed through its philanthropic arm, the Ajoke Ayisat Afolabi Foundation (AAAF), which had offices in Lagos, Zaria and Umuahia.

Afolabi pointed out that one of the key pillars of the company’s business philosophy was to positively impact humanity and the society in any economy where the company had operations.

According to him, right from the inception of the company in 1988, social impact had been integrated into its business strategy.

“Our businesses are not designed for profit making alone. We see ourselves as a platform that support social causes, provide access to opportunities, engender social stability and economic prosperity.

“We are motivated to do more when we see the physical impact of these CSR projects on the beneficiaries who today run into thousands,” he said.

Foluke Ademokun, Executive Coordinator, AAAF, on her part, noted that the beneficiaries of the various programmes were making  judicious use of the opportunities.

She added that the foundation sought to partner with more sponsors, both domestic and international, as well as other stakeholders in order to touch more lives.