• Latest
  • Trending
  • All
  • National News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
NSC orders suspension of port charge increases nationwide

NSC orders suspension of port charge increases nationwide

January 13, 2026
Obafemi Hamzat, the set man for Lagos, by Ken Ugbechie 

Obafemi Hamzat, the set man for Lagos, by Ken Ugbechie 

November 8, 2026
First Day in Office: 5 key actions of Donald Trump

Many thanks to Trump, women and minorities are soaring in American politics, by Nduka Uzuakpundu

November 8, 2026
Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

November 7, 2026
Zamfara youths protest

ASP Detained Over Fatal Shooting of Teenage Girl During Gang Clash

November 7, 2026
Auto Draft

10 Key Things to Know about Justice Lifu’s Judgment Affecting ADC, Atiku, By Abdulrahman Abdulaziz

November 7, 2026
Federal High Court

Court sacks David Mark-led ADC leadership, voids Atiku’s presidential primary

November 5, 2026
PDP convention

PDP leadership crisis: Turaki group loses again to Wike; heads to Supreme Court

November 5, 2026
benin city

Benin to receive 40 new repatriated looted artefacts from Sweden

November 4, 2026
outbreak

NMDPRA,​‌‌‌⁠‍‍⁠⁠‍‌⁠‌⁠‍⁠‍‌‌​ EFCC crack down on illegal refinery operation in Ogun

November 4, 2026
Sanwo-Olu’s new official portrait shows his brand identity – Aide

Sanwo-Olu Inaugurates Ministry of Justice Legal Research and Training Centre in Lagos

November 4, 2026
Extortion, misconduct: PSC demands probe of top police officers

Misconduct: PSC dismisses 3 senior police officers, demotes 16 others

November 4, 2026
Senate passes Finance Bill

Senate passes National Health Act bill for second reading

November 4, 2026
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Sunday, November 8, 2026
  • Login
Political Economist
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
No Result
View All Result
Political Economist
No Result
View All Result
Home National News

NSC orders suspension of port charge increases nationwide

by Admin
January 13, 2026
in National News
0
NSC orders suspension of port charge increases nationwide
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Nigerian Shippers’ Council (NSC) has directed shipping companies, agents and terminal operators to suspend all reviews or increases in port charges to restore stability and ensure transparent stakeholder engagement.

The directive was issued by the Executive Secretary and Chief Executive Officer of the NSC, Dr Pius Akutah, through the Council’s Head of Public Relations, Mrs Rebecca Adamu, in a statement on Tuesday in Lagos.

Akutah said all terminal operators, shipping agents and shipping companies must refrain from implementing new tariff adjustments until meaningful consultations with stakeholders have been concluded.

He noted that recent port charge reviews were conducted strictly within the council’s statutory mandate as the Port Economic Regulator.

“All tariff reviews conducted were transparent, structured, and followed a well-defined regulatory process,” Akutah said.

According to him, the review processes involved detailed technical assessments and consultative engagements with affected service providers.

This, he emphasised, was to evaluate cost drivers, operational realities, investment obligations and regulatory compliance.

Akutah explained that such engagements did not amount to automatic approval of new charges, noting that final decisions were made only after rigorous internal, technical and financial assessments.

He added that the assessments were guided by empirical evidence, regulatory benchmarks and prevailing economic conditions.

“Notwithstanding these processes, shipping companies, agents and terminal operators are hereby directed to suspend any intended review of charges until proper stakeholder engagement has been conducted,” he said.

The NSC boss warned that the council would take strict action against any service provider found disrupting port operations, stressing its authority to enforce compliance under existing laws.

“Transparency, fairness and stakeholder participation remain fundamental principles underpinning port economic regulation in Nigeria,” Akutah said.

He reassured port users and operators of the council’s commitment to protecting stakeholders’ interests, promoting fair competition and ensuring a predictable and stable business environment in the maritime sector.

Akutah also noted that the NSC is empowered to apply sanctions, including enforcement measures outlined in relevant regulatory frameworks, against defaulting operators.

The directive followed protests on Monday by members of the Association of Nigeria Licensed Customs Agents (ANLCA) and other freight forwarders, who shut down the Mediterranean Shipping Company (MSC) office in Apapa over increased charges.

The MSC had raised the Import Documentation Fee for 20-foot containers from N45,000 to N58,500 and for 40-foot containers from N72,000 to N93,600, while additional port charges increased from N50,000 to N80,000 for 20-foot containers and from N100,000 to N160,000 for 40-foot containers.

The NSC said its intervention was aimed at ensuring fair consultation, preventing further disruptions and maintaining harmony in port operations while balancing the interests of service providers and port users.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: ANLCADr. Pius AkutahNSCRebecca Adamu
Share196Tweet123
Admin

Admin

  • Trending
  • Comments
  • Latest
The Doherty brothers plot to hijack Lagos governorship, by March Oyinki   

The Doherty brothers plot to hijack Lagos governorship, by March Oyinki  

October 1, 2026
Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others

Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others

November 4, 2026

You can now play Bill Gates’ first PC game and run over donkeys on your iPhone, Apple Watch

September 23, 2026
IGP Orders State CPs To Recover Fire Arms From Private Security Outfits

Jonathan Sacks IGP Abba, Appoints Arase

19
Zinox iPower Inverter Claws to Market Dominance

Zinox iPower Inverter Claws to Market Dominance

2
Police seal off Ondo House of Assembly

Police foil another suicide bomb attempt in Borno, kill three bombers

2
Obafemi Hamzat, the set man for Lagos, by Ken Ugbechie 

Obafemi Hamzat, the set man for Lagos, by Ken Ugbechie 

November 8, 2026
First Day in Office: 5 key actions of Donald Trump

Many thanks to Trump, women and minorities are soaring in American politics, by Nduka Uzuakpundu

November 8, 2026
Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

November 7, 2026
Political Economist

Copyright © 2017 JNews.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News

Copyright © 2017 JNews.