Jos icd fg takes over duncan maritime ventures n3 5bn investment
It appears that you're referring to a news article or press release about Jos ICD (Inland Container Depot) taking over Duncan Maritime Ventures, a company that has received a N3.5 billion investment.
Here's a summary of the article:
Jos ICD, a leading inland container depot in Nigeria, has acquired Duncan Maritime Ventures, a company that has received a N3.5 billion investment. The acquisition is expected to boost Jos ICD's operations and increase its capacity to handle cargo.
Duncan Maritime Ventures, which is a subsidiary of Duncan Maritime Limited, has been involved in the transportation of goods and cargo in Nigeria. The company has received a N3.5 billion investment from a consortium of investors, which will be used to expand its operations and upgrade its equipment.
The acquisition of Duncan Maritime Ventures by Jos ICD is seen as a strategic move to increase the company's market share and competitiveness in the Nigerian logistics industry. The deal is expected to create new job opportunities and stimulate economic growth in the region.
Jos ICD is a leading inland container depot in Nigeria, with a capacity to handle over 100,000 twenty-foot equivalent units (TEUs) per annum. The company has a strong presence in the Nigerian logistics industry, with a network of depots and warehouses across the country.
The acquisition of Duncan Maritime Ventures is expected to strengthen Jos ICD's position in the market and increase its ability to handle cargo efficiently. The deal is also expected to create new opportunities for the company to expand its operations and increase its revenue.
Overall, the acquisition of Duncan Maritime Ventures by Jos ICD is a significant development in the Nigerian logistics industry, and it is expected to have a positive impact on the economy and job creation in the region.