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Daily Trust - Gridlock: Cost of moving container from Lagos port rises to

Daily Trust had reported last week that the cost of doing business especially for the importation of goods through this same port had risen to N600,000 from N300,000 in 2019. Some of the truckers who spoke to this paper blamed the hike on the continuous by suspected touts allegedly security agents along the port route. It was also learnt that if the situation is unchecked, the freight cost could rise to over N2m before the year ends. About 40 ships calling at the TCIP are said to be stranded at anchorage due to lack of space to discharge new cargoes at terminals in the port. This is because cargo evacuation has been hampered by the multiple toll points mounted by security operatives and taskforce members.

How extortion, gridlock constitute loss to the economy

How extortion, gridlock constitute loss to the economy
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

Nigeria: Apapa Gridlock Raises Haulage Cost By 50% in One Week

Nigeria: Apapa Gridlock Raises Haulage Cost By 50% in One Week
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Apapa Gridlock Raises Haulage Cost by 50% in One Week

•Maritime workers begin strike, close eastern ports Eromosele Abiodun in Lagos and Onyebuchi Ezigbo in Abuja Truckers have within one week raised the cost to move a container from the Tin Can Island Port, Lagos, to any other part of the city by 50 per cent, from N1.2 million to N1.8 million, THISDAY checks revealed at the weekend. THISDAY had exclusively reported last week that haulage cost from Tin Can to any other part of Lagos had risen by more than 1,000 per cent from about N100,000 to about N1.2 million Barely a year ago, the cost of trucking from the Tin Can Port was about N300,000.

Extortion: NPA, NSC Appear Helpless As Haulage Cost At Tin Can Port Hits N1 8m

Extortion: NPA, NSC Appear Helpless As Haulage Cost At Tin Can Port Hits N1.8m By The Nigeria Voice Listen to article Truckers have jerked up their costs by 50% from N1.2million to N1.8million within one week to move a container from the Tin Can Island Port, Lagos to any other part of the city, as extortion by security officials on the port access road continues unabated. Barely a year ago, cost of trucking from the Tin Can Port was about N300,000. The haulage cost from Tin Can Port is now three times the cost of haulage from the Apapa Port, which has remained at N600,000 since the beginning of this year.

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