Business
Shippers Move To Resist High Port Charges

L-R: Deputy Leader, House of Representatives, Rep Akpan Umoh, Rep. Leo Ogor and Chairman, House Committee On Civil Society and Donor Agencies, Rep. Ini Udoka, at a public hearing on a bill to regulate the acceptance and utilisation of financial/material contribution of donor agencies in Abuja recently.
The President, Shippers Association, Lagos State, Mr Jonathan Nicol, has said its members would resist high charges by shipping companies and terminal operators.
Nicol said this in an interview with The Tide source in Lagos, against the backdrop of controversies between the Nigerian Shippers’ Council (NSC), shipping companies and terminal operators on port charges.
He said the shippers’ associations had been calling for a reduction in port and other cargo handling charges for many years.
According to him, it is not a good thing for Nigeria to be labelled as the most expensive in the world— in terms of port operations.
“We do not see why the terminal operators and the shipping companies should be desperate to continue with their way of doing business.
“We believe that we will come together and fight the case, if the need be,’’ Nicol said.
He said the shipping lines and terminal operators should know that without the shippers, without the cargoes, they would not raise invoices against anyone.
Nicol said, “We shippers would make up our mind whether to continue doing business in Nigeria or we look at how we can harmonise all the charges and get on with our business.’’
“Right now, some of the stakeholders said they would withdraw their services because of the high charges.
“It is something that affects all the stakeholders, down the line to the freight forwarders. So, shipping companies should not hold Nigeria to ransom”, the shipper said.
Nicol said the association was seeking ways of cancelling the payment of container deposits for local deliveries, adding that such deposits usually took a long time before shipping companies refund them.
He said that trucks of empty containers were usually lined up in terminals, while the terminal operators would not off-load the containers and kept on charging demurrage.
The shipper said it was mandatory for all terminal operators and shipping companies to take their empty containers, adding that not taking such containers had created a major traffic problem at the ports.
He said that 10 days were too long to refund container deposits, adding that the only exception was Grimaldi (terminal operator) that had been issuing container deposit cheques after seven days.
Business
Nigeria’s Gold, Other Solid Minerals Being Stolen – NEC
The National Economic Council has expanded the mandate of its Ad-hoc Committee on Crude Oil Theft Prevention and Control to cover illegal mining.
This is just as the council raised the alarm that the nation’s solid minerals, including gold, are being mined and stolen.
Imo State Governor, Hope Uzodimma, who chairs the committee, disclosed this while briefing State House correspondents after the 153rd NEC meeting chaired by Vice President Kashim Shettima at the Presidential Villa, Abuja, yesterday.
Uzodimma said the expanded mandate is part of the government’s efforts to curb resource theft and increase revenue from Nigeria’s solid minerals sector.
“The National Economic Council Ad-hoc Committee on Crude Oil Theft Prevention and Control, which I chair, presented an interim report today to the Council.
“NEC received our report with satisfaction and expanded our Terms of Reference to now also take interest in solid minerals, because our solid minerals are being mined and stolen and not adding to national revenue,” said Uzodma.
He noted that the expanded role would enable the committee to coordinate with the Ministry of Solid Minerals Development and other federal and subnational institutions to combat widespread illegal gold mining and other forms of mineral smuggling that have deprived the country of much-needed foreign exchange.
“Going forward, our committee, working with other government agencies, will look at how to ensure that the revenue of the country arising from solid minerals like gold and other forms of solid minerals are not allowed to be stolen,” the governor added.
NEC’s Ad-hoc Committee on Crude Oil Theft Prevention and Control was first established under former President Muhammadu Buhari in August 2022.
It was reconstituted under President Bola Tinubu in December 2023 with Uzodinma as chairman.
The committee was initially mandated to address the challenge of crude oil theft and pipeline vandalism.
Its creation followed rising oil theft that had crippled national production and forced international oil companies to shut down key pipelines.
At the time, oil production had crashed to around 700,000–800,000 barrels per day, far below Nigeria’s OPEC quota, costing the government billions of dollars in lost export revenue.
Uzodimma explained that through what he called a “collaborative approach” involving regulators, operators, and the security forces, the committee had helped raise daily crude oil production to over 1.7 million barrels per day in the past 22 months.
The governor stated, “Before May 29, 2023, when President Bola Tinubu was sworn in, our crude oil production was around 700,000 to 800,000 barrels a day.
“Working with stakeholders, the regulators, operators in the industry, and the Navy, we were able to involve all the governors of crude oil-producing states and raise different security organisations.
“You would agree with me that as I speak, daily production is now in excess of 1.7 million barrels a day, and cases of pipeline vandalism and vandalisation of oil assets have also been on the decline.”
The council, he said, was satisfied with the progress and decided to deploy the same model of intergovernmental coordination, private-sector partnership, and multi-agency surveillance to the mining sector, plagued by resource theft.
“We are determined to ensure that crude oil production and gas are properly preserved for the benefit of our citizens.
“Now, with this new directive, we will also protect our gold and solid mineral assets,” Uzodinma added.
Nigeria’s illegal mining economy, particularly in gold, lithium, and other high-value minerals, has grown into a multibillion-naira shadow industry.
According to data from the Nigeria Extractive Industries Transparency Initiative, the country loses an estimated $9bn annually to illegal mineral extraction and smuggling.
The Federal Government has linked several unlicensed mining operations to armed groups in the North-West and North-Central regions, where gold has become a source of illicit financing for bandits.
A 2023 NEITI audit also showed that over 80 per cent of mining activities in Nigeria were conducted informally, without licenses or environmental oversight.
In September 2024, the Ministry of Solid Minerals Development revoked over 900 dormant licences and announced plans for a national gold reserve policy. But enforcement remains difficult, with weak surveillance, limited manpower, and overlapping regulatory mandates.
According to Uzodimma, the expanded mandate aims to integrate the fight against illegal mining into the broader national resource protection framework previously used in the oil sector.
“We have done well,” he claimed, adding, “Among other things, we recommended that NNPC, working with security agencies and their consultants, should strengthen security in all the creeks and extend coverage to offshore regions. That will help in curtailing and supervising illegal entries and exits of vessels into our export terminals. This same spirit will now guide our solid minerals sector.”
The committee is expected to submit its first progress report on the expanded mandate at the next NEC meeting in November.
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