ENL Consortium signs pact with Sinoma Cargo to boost Nigeria-China trade

The agreement was signed in Lagos recently at the 5th China-Nigeria Logistics Special Line Platform Supply Chain Conference, an annual event, organised by the Lianyungang Port Holdings Group Co., Ltd, Sinoma International (Nanjing) Engineering Co., Ltd, NJZC International Construction Nig. Ltd and ENL Consortium Ltd. In his address, Guo Pengwen, the commercial consul of the Consulate-General of the People’s Republic of China in Lagos, said the existing bilateral relationship between Nigeria and China has huge potential, following the trade volumes between the two countries. “China-Nigeria special line logistics is also promising. In international trade, logistics is an important link that plays a very important role in cost, safety, convenience, and timeliness. The superposition of international geopolitical conflicts, the epidemic of the century, and the changes of the century have led to violent fluctuations in the global supply chain, and the cost of international logistics and warehousing has risen sharply,” he said. According to him, there is a need to make up for the shortcomings of international logistics by creating a global supply chain logistics system that works for both in order to build a new development pattern of domestic and international dual circulation.