Why Nigeria losses over N800bn monthly from ports operations- Shippers’ council boss

The President Shippers Association of Lagos, Rev. Jonathan Nicole has lamented Nigerian  loses over N800 billion monthly due to lack of 24-hour seaport operation.
Nicole said this during an interview with tthe News Agency of Nigeria (NAN) in Lagos
Recall that the Managing Director, Nigerian Ports Authority (NPA), Ms Hadiza Bala-Usman, had accused some Federal Government agencies at the ports of lack of compliance with the directive and executive order of the Vice president, Yemi Osinbajo.
Nicole said that the Nigerian Customs Service (NCS) generated almost N26 billion daily in the past from seaports.
“The figure has dropped because our imports have reduced.The port is money-spinning. Payments are daily made to shipping companies, terminal operators, customs, transporters, Ministries, Department and Agencies (MDAs) in the ports.
“If one is bringing out 1,000 containers, add the customs duty, shipping and terminal charges, transportation and even under-the-table transactions, then you will understand the amount involved. We need to put in place policies that are workable and cannot be thwarted,” he said.
Nicole alleged that some unpatriotic elements manipulated laws and policies because they wanted to make money.
He saud that it is unfortunate that done agencies are thwarting the efforts of the Government as regards 24-hour operation at the ports.
He lamented that some MDAs failed to comply with governments’ directive of leaving the ports.

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