Business
Customs Agents Fault Terminal Handling Charges
The National Presi
dent, National Council of Managing Directors of Customs Agents (NCMDCA) Mr. Lucky Amiwero has said that Terminal Charge (THC) is a duplication of terminal delivery charges (TDC) by terminal operators in the nation’s seaports.
Explaining his position on the matter in a statement made available to newsmen, Mr. Amiwero argued that THC were cost borne by shipping lines for container shipped on Free on Board (FOB) terms.
“Nigeria operates cost insurance and freight (CIF) term that incorporates the payment of freight, which covers the cost from loading, discharge to delivery of consignment at destination in line with the contract of carriage as defined in the obligation of a common carrier” he said.
Mr Amiwero who is regarded as one of the few highly experienced licensed customs agents in the maritime industry, described THC as an illegal imposition that is duplicated with TDC.
“THC is not covered by any service and should be dropped, as such charges contravene all international obligations, which state that all fees must represent a cost recovery mechanism and must be calculated as the lowest possible amount reflecting the approximate actual cost of the service rendered” he said.
According to him, the cargo dwell time in the Nigerian Ports as high as against the situation in other African Ports.
Business
Abia Takes Over Electricity Supply In 8 LGAs

Business
‘Gas Shortages, Infrastructure Deficiency, Bane Of Power Sector Growth’

Business
NUPRC Blames Out Service Trunk Lines On Vandalism … As Rivers NUJ Promises Development Journalism

-
News2 days ago
PTA Backs 12-Year Entry Age For Secondary School
-
Oil & Energy2 days ago
Tinubu Backs N4trn Bond To Resolve Power Sector Liabilities
-
Sports2 days ago
Shields Retains Undisputed Title In Dominant Victory
-
Nation2 days ago
HYPREP Marks World Mangrove Day
-
News2 days ago
Shettima Departs Nigeria For UN Food Summit In Ethiopia
-
Niger Delta2 days ago
Police Nab 2 Transformer Vandals In A’Ibom
-
News2 days ago
150 Women Killed In Nigeria In 2024, Group Alleges
-
Oil & Energy2 days ago
States Can’t Slash Electricity Tariffs – NERC