Business
‘Nigeria Loses N1trn To Cargo Diversion’
The Shippers’ Association of Lagos State (SALS) has said the country lost N1 trillion annually through cargo diversion to ports in neighbouring countries due to bad roads to Lagos ports.
SALS President, Mr Jonathan Nicol told newsmen in Lagos that the losses arose from import duties and other charges not paid to Nigerian ports.
According to him, there is massive diversion of Nigeria-bound cargo to ports in neighbouring countries due to bad access roads to Lagos ports.
The shippers said that demurrage, terminal charges and storage fees incurred by shippers ran into billions of naira daily.
“There are also queues of vessels within the Lome waters awaiting call-up for berthing in Lagos ports.
“This will attract port congestion levy on cargo, which is no fault of the shippers (importers and exporters).
“Demurrage on containers is increasing with no control from maritime agencies importers and exporters are suffering,’’ he said.
Nicol called on the contractor handling the rehabilitation of the access roads to Apapa port to expedite action to reduce problems encountered by shippers and truck owners.
“Industrialists are incurring huge expenses on haulage due to lack of access roads and they are counting more losses daily.
There is no entry into Lagos ports and no access out of the ports after loading,’’ the shipper said, adding that truck drivers remained on queue for several days.
He, however, commended Dangote Group, Flour Mills of Nigeria Plc and Nigerian Ports Authority (NPA) for their assistance in rehabilitating access roads to Apapa ports.
“It should be noted that they (Dangote and Flour Mills) are industrialists going the extra mile to keep the maritime industry afloat,’’ the shipper said.
Nicol said that the export initiative of the Federal Government was also under threat as export goods spent several days before arriving at the ports.
To avert congestion, he suggested that the backlog of goods at the ports should be cleared.
According to him, the port congestion of the past is mounting again and may lead to prolonged litigation on who pays the charges.
Nicol advised that empty containers inside the ports should be exported as a priority.
He, however, said that the association would not subscribe to the idea of moving containers released at the ports to Papalanto in Ogun.
“The cost of moving such boxes containers to factories in Lagos and other places will be too high.
“Cargo taken to Papalanto will be treated as up-country cargo and will attract high haulage fees,’’ Nicol said.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
-
Oil & Energy7 hours agoOndo, Investors Sign $50b Refinery, Free Trade Zone Agreement
-
News2 hours ago‘Tinubu Committed To Environmental Sustainability, Benefits To Ogoni’
-
News19 hours agoTinubu CongratulatesSoludoOn Re-election, Lauds INEC
-
Maritime6 hours agoAfrican Nations Stand To Gain From Blue Economy —NPA MD
-
Niger Delta7 hours agoDelta To Present Over ?1trn Budget For 2026
-
Politics6 hours agoAnambra Guber: I’m Not Impressed, LP Candidate Says …As Observers Lament Vote-buying, Low Voters Turnout
-
Oil & Energy7 hours agoOil Demand to Rise Through 2032 as Energy Transition Stalls
-
News2 hours agoCleric Harps On Significance Of Thanksgiving
