Nigerian tycoon Taiwo Afolabi’s group halts port operations in wake of terminal fire
The incident occurred on Saturday, February 24, impacting the facilities of Port and Cargo Handling Services Limited, a key subsidiary of the conglomerate.
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The incident occurred on Saturday, February 24, impacting the facilities of Port and Cargo Handling Services Limited, a key subsidiary of the conglomerate.
Afolabi emphasized the consortium’s commitment to leveraging its track record of success in revitalizing enterprises for growth and profitability.
Under Afolabi, Sifax Group has evolved into a leading conglomerate with diversified interests in aviation, oil and gas, maritime, haulage, logistics, and hospitality.
Founded in 1988, Sifax Group is one of Nigeria’s leading conglomerates.
After working for Nigerian Express Agencies Limited in the 1980s, Afolabi founded SIFAX Group in 1988.
The Lagos Marriott recently suffered from a power outage lasting nine hours.
The hotel is a partnership between SIFAX Group and Marriott International.