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The Senate on Wednesday mandated its Committee on Marine Transport to engage stakeholders in the shipping industry and the Nigeria Port Authority, with a view to curbing the exorbitant increase in shipping fees in the country.
The resolution was sequel to a motion titled ‘The exorbitant increase and unjustifiable shipping fees charged by shipping companies on Nigeria bound cargoes’ sponsored on Wednesday by Senator Ifeanyi Ubah, during plenary.
Presenting the motion, Ubah noted that ‘Nigeria is an import-driven economy with excessive dependence on imports for consumption and capital goods’.
He said the shipping sector was key to facilitating the continuity of economic activities in the country.
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