Local Content Woes: Bonded Terminals Face Uncertain Future Amid Investment Threats.

The Association of Bonded Terminal Operators of Nigeria warns that lack of local content is threatening investments in indigenous bonded terminal operations, posing a significant risk to the industry's growth.

The Association of Bonded Terminal Operators of Nigeria has sounded the alarm over a growing threat to their investments in indigenous bonded terminal operations due to the lack of local content integration. This trend, according to the association, poses significant challenges to the sector's growth and sustainability. As a result, bonded terminal operators are urging policymakers to prioritize the development of domestic capabilities to support the industry's long-term viability. The absence of meaningful local involvement has far-reaching implications for Nigeria's economic diversification efforts.