By Godfrey Bivbere & Providence Adeyinka
As part of measures to curb the chaotic Apapa traffic, the Nigerian Shippers Council, NSC) has hinted that plans are underway to get about 50 percent of all cargos from the Lagos Ports to be evacuated by rail.
Disclosing this in a chat with Vanguard the Executive Secretary/Chief Executive Officer of NSC, Hassan Bello, the plan will drastically bring down haulage cost in the Lagos corridor while resolving the chaotic traffic situation in the area sustainably.
He explained that at the completion of the on-going rail project there will be competition between all the modes of transportation to and from the port.
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Shippers Council, NICON move to avert N670m loss to container deposit
On
By Godfrey Bivbere & Providence Adeyinka
The Nigerian Shippers Council, NSC, and the National Insurance Company of Nigeria, NICON, have finalised measures to curb the loss of about N670 million suffered by shippers in the country over failure to return empty containers within the time specified by shipping lines.
Shippers pay container deposits to shipping lines namely, N300,000 for a 40 foot container or N150,000 for a 20 foot container. However, the shipper forfeits the deposit if the container is not returned to the shipping line within the grace period which is usually two to three weeks.
By Godfrey Bivbere & Providence Adeyinka
THERE are indications that the problematic traffic bedevilling the port city of Apapa, Lagos and its environ is being fuelled by corruption with some stakeholders smiling to the bank daily even as the sector which is the second largest revenue contributor to the economy bleeds.
Investigation by
Vanguard Maritime Report revealed that beneficiaries’ includes officials of government agencies at the ports, shipping companies, terminal operators, leadership of the truckers, security personnel and hoodlums.
Vanguard Maritime Report gathered that some officials of the agencies are bribed to turn a blind eye to trucks breaching the traffic rules at the corridor.