Business
Freight Forwarders, Port Operators Partner On Efficient Services
Freight forwarders in
the country have resolved to collaborate with APM Terminals Apapa Limited (APMI) to ensure efficient port operations.
The freight forwarders under the aegis of the National Association of Government Approved Freight Forwarders (NAGAFF) said they would go into strategic partnership with the APMT towards entrenching better ports operations for the enhancement of International trade in the country.
The freight forwarders stated this at the end of a facility tour of the terminal in Apapa, Lagos led by their leader, Mr Boniface Aniebonam.
Aniebonam told APMT management that NAGAFF came on the visit as part of the association’s agenda to established corporate relationship with other major stakeholders in the sector.
He said the visit was part of its mandate to help in enhancing activities at the terminals to the benefit of stakeholders including terminal operators, importers and freight forwarders.
The leader informed APMT management that NAGAFF was aware of the various challenges in the business climate in Nigeria and promised to use the association’s many channels of communication to push these issues to the attention of those in authority with a view to redressing the situation.
Aniebonam reiterated that in every dispute, dialogue, consultations and communication should be deployed in resolving all issues.
He, therefore, faulted the last strike action that brought hardship and loss of revenue to Nigeria, describing it as an avoidable situation and enjoined Nigerians doing business at the terminals to help the operators by complying with due process while the operators should also create customer-friendly environment for enhanced operations to the benefit of all.
Appreciating the concept of paperless shipping, Mr Aniebonam stressed the need for the provision of shelter for freight agents and the establishment of a Customer Relations Department to bridge the gap between the company and the general public.
On his part, the Chief commercial officer, APMT Apapa, Mr Neil Fletcher said his company was impressed with the roles being played by NAGAFF as a stabilising factor in the industry.
Mr Fletcher who later conducted the NAGAFF delegation round the terminal in a trip that took them to the container shed, truck park, the rakings as well as the new office block among others.
He disclosed that his company had invested about $330 million in developing, upgrading and modernising its terminal, making it the largest and busiest container terminal in West Africa.
According to him, towards facilitating operations at terminal, the company will take delivery of additional four RTG cranes to bring to 14, the total number in its fleet, to increase the terminal average berth productivity at 17 movies per hour.
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Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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