• Wednesday, December 06, 2023
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BusinessDay

DHL Forwarding sees growth opportunities in Nigeria’s freight business

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DHL Global Forwarding has said the future of freight forwarding in Nigeria looks promising, especially for genuine operators.

Vice president, DHL Global Forwarding, Dominique von Orelli, said the boom in the telecoms industry and the expected transformation in the power sector gave an indication that the nation’s freight forwarding business and indeed the economy would witness a flip.

A statement by the company on Monday reported Orelli as giving the indication during his visit to Lagos and stressed that many established firms were increasing focusing on their core business, leaving the logistics to those specially set up to handle it.

He also said Nigeria’s large population offered a great attraction for investors to expand and transform their businesses.

He said, “There is plenty of growth in Africa, especially Nigeria. We want to be part of the growth. For us, Nigeria is on the top of our business chart. We are looking at the size of the country with its huge population. This is a place we love to be as a company and we are building our infrastructure here.

“Our focus on Nigeria is basically because of what is happening here; as well as what’s happening elsewhere. We see a big growth here. The boom in the telecoms industry and the steps being taken by the government to restore the power sector will drive the economy and make it very buoyant.”