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Breaking News | 43 vessels stuck in Lagos waters

• Freight Forwarders blame stoppage of container stripping, barge operations • 44 ships expected in Lagos in December No fewer than 43 vessels laden with various goods are currently stuck in Lagos waters as congestion stalls operations at Nigeria’s busiest ports, the TinCan Island Port and Apapa Port in Lagos. The nation’s import and export dealing is, also, in shambles, as prevailing congestion at ports caused a spike in shipping costs for Nigeran-bound goods by about 600 per cent. The situation has thrown port operators at TinCan and Apapa ports into a state of confusion as containers are stranded at the terminals, while vessels are delayed unnecessarily on the waters due to limited stacking space.

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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