Connect with us

News

Importers to pay more as shipping company increases charges

Published

on

Importers to pay more as shipping company increases EU approves Bollore Logistics

Clearing agents operating at the nation’s ports have kicked against the increment in charges by leading French shipping company, CMA CGM, stating that the increment will add to the economic burden being passed on to the end users of the imported items at the nations markets.

Recall that the CMA CGM recently announced an increment in its charges, blaming it on the recent adjustment of Port & Marine Fees by the Nigerian Ports Authority (NPA).

CMA CGM, in a mail to Importers stated:”We are writing to inform you of a review of our charges following the recent increase in Port and Marine charges implemented by the Nigerian Ports Authority (NPA), which came into effect o the 1st of March 2025.

“As a result of such adjustment, we find it necessary to update our tariff structure to account for the new cost environment, effective 10 March 2025.

“Under the review, a 20ft container will now be charged N145,327 while a 40ft container will attract N290,654.

“A 20ft Reefer container will attract N145,327 while a 40ft Reefer container will attract N290,654.

Reacting to the price review, the National President of the Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON), Frank Ogunojemite, stated that the increment will cripple the purchasing power of the common man and further increase the cost of doing business at Nigerian ports.

According to Ogunojemite: “Shipping and terminal charges are critical components of the logistics and supply chain management process. Increases in these charges can have far-reaching effects on various stakeholders, including having effects on Importers and Exporters via Increased costs.

ALSO READ:  Plateau Govt. renovates, equips over 300 PHCs, 17 general hospitals

“Higher shipping and terminal charges lead to increased costs for importers and exporters, which will be passed on to consumers.

“Businesses may experience reduced profit margins due to higher logistics costs. This can make Nigerian businesses less competitive in the global market.

“The recent increment by CMA CGM will lead to higher prices for goods and services in Nigeria while making consumers experience reduced purchasing power due to higher prices.

“This increment can also contribute to higher inflation rate in the country, forcing businesses to reduce staff or close operations due to increased costs.

“NPA told us that the 15 percent hike will not lead to additional charges at the ports, but now the CMA CGM has blamed its recent increment on the hike in port tariff by the NPA.

“NPA must look into this price increment by the shipping companies before other shipping companies follow suit.”

Also speaking on the increment, a former National President of the Association of Nigerian Licensed Customs Agents (ANLCA), Olayiwola Shittu blamed the Federal government on the increment by CMA CGM.

“The fault is from the Federal government. There is no way NPA will increase its charges by 15 percent and it will not affect shipping charges. Now, CMA CGM has announced an increment; expect other shipping companies to follow suit.

“And this will have far-reaching consequences on importation because the cost of clearing cargoes from the ports will go up.

“With the situation we currently find ourselves economically, should we be talking about prices increment here and there? It’s quite unfortunate because the masses suffering will keep increasing,” Olayiwola Shittu lamented.

ALSO READ:  Abuja-based Chinese supermarket sparks Controversy Over Entry Policy
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

JUST IN: Court adjourns Natasha’s suit against Senate probe to March 25

Published

on

The Federal High Court in Abuja on Monday adjourned the suit filed by the Senator representing Kogi Central Senatorial District, Natasha Akpoti-Uduaghan, to March 25, 2025.

The adjournment followed a submission by the respondents, who informed the court that they had not been served with the necessary documents.

Akpoti-Uduaghan had approached the Federal High Court, seeking an order restraining the Senate Committee on Ethics and Privileges from investigating her.

Treat my wife with respect, Natasha’s husband tells Akpabio
Delivering a ruling on the application on March 5, 2025, the trial judge, Justice Obiora Egwuatu, barred the committee from proceeding with the probe.

Details shortly…

ALSO READ:  Plateau Govt. renovates, equips over 300 PHCs, 17 general hospitals
Continue Reading

News

Police arrest 2 suspected gun runners in Delta, recover arms

Published

on

The Delta State Police Command has arrested two suspected gun runners and recovered a cache of firearms and ammunition.

The arrests were made during stop-and-search operations along the Warri/Benin Road and Asaba/Benin Expressway on separate dates.

On 3rd March, operatives intercepted a Toyota Camry driven by one Peter James, 55, from Akwa Ibom State.

Upon searching the vehicle, they discovered three AK-47 rifles, 2,080 rounds of 7.62mm AK-47 ammunition, and 1,040 rounds of 5.1mm ammunition.

State Police Public Relations Officer, SP Bright Edafe, who confirmed this in a statement made available to newsmen in Warri on Monday, said that the suspect was arrested near Western Delta University, Oghara, after operatives intercepted a blue Toyota Camry with registration number PHC 257 NT.

Police arrest 2 suspected gun runners in Delta, recover arms
Police arrest 2 suspected gun runners in Delta, recover arms
“The driver was asked to open the trunk of the vehicle, during which it was observed that the trunk of the said Camry, popularly known as ‘big daddy,’ was unusually small. This aroused the suspicion of the men who were convinced that the vehicle had been modified for malicious purpose.

“The policemen then proceeded and removed the seat of the vehicle, only to discover three (3) AK-47 rifles, Two Thousand and Eighty (2,080) rounds of 7.62 mm AK-47 ammunition, one thousand and forty (1,040) rounds of 51mm ammunition loaded in four boxes.

“The exhibit has been recovered, the suspect is in custody, and investigation is ongoing,” he added.
In a separate operation on 6th March, police arrested Yahuza Magaji, 69, and Abba Sani, 17, from Kaduna State, and recovered seven pump-action guns and 1,600 rounds of live cartridges.

ALSO READ:  Tinubu, Shettima Bag Traditional Titles in Abia

Edafe said that operatives attached to Dragon Patrol Team 02 arrested the suspects while on stop-and-search duty along the Asaba/Benin Expressway by the National Open University, Onicha-Ugbo.

He said that police had intercepted a navy blue Sharon space bus with registration number DKA 408 LM, driven by one Yahuza Magaji, in the company of one Abba Sani, both of Lere LGA in Kaduna State.

“They disguised as traders transporting palm oil and garri, but the police, who insisted on a thorough search of the vehicle, recovered seven (7) pump action guns, five (5) cartons containing one thousand six hundred (1,600) rounds of live cartridges concealed under the back seat of the vehicle.

“Preliminary investigation revealed that suspects bought the arms from Onitsha and were transporting them to Kaduna State. The suspects are in custody, and investigation is ongoing,” he added.

Commenting on the development, the State Commissioner of Police, CP Olufemi Abaniwonda, expressed delight that the marching orders he gave to all tactical commanders, area commanders, and DPOs to up their game were yielding results.

“We are determined to flush out all criminal elements in the state,” said CP Abaniwonda.

“I commend the effort and determination of our men for going the extra mile to detect the hidden firearms,” he said.

Continue Reading

Politics

Rivers Assembly Issues Arrest Warrant For Electoral Chief

Published

on

The Rivers State House of Assembly has issued a warrant for the Chairman of the Rivers State Independent Electoral Commission (RSIEC), Justice Adolphus Enebeli (rtd), to appear before it.

The Martins Amaewhule-led Assembly issued the arrest warrant on Monday during plenary, after the expiration of its 72-hour ultimatum for the electoral chief to appear before the House.

Enebeli had fixed August 9, 2025, to conduct a fresh Local Government (LG) poll in the state following a Supreme Court verdict that annulled the October 5, 2024 local government poll conducted in the state.

The Amaewhule-led Assembly had vowed to probe the conduct of Enebeli regarding the conduct of the annulled LG poll last year.

Over the weekend, Rivers State Governor, Siminalayi Fubara, invited members of the Assembly to a dialogue on the implementation the Supreme Court’s verdict.

The Supreme Court had also barred the Central Bank of Nigeria (CBN), the Accountant General of the Federation and other agencies from releasing funds to the government of Rivers State until it purges itself of what the court described as flagrant disobedience to court orders.

In the judgment delivered by Justice Emmanuel Akomaye, the five-man panel of the court had unanimously dismissed the cross-appeal filed by Fubara challenging the validity of the House of Assembly presided over by Amaewhule as the Speaker.

In dismissing Fubara’s appeal, the court ordered Amaewhule to resume sitting immediately with other elected members of the Rivers State House of Assembly.

ALSO READ:  Alleged Removal of Illegal structures in FESTAC :Court Adjourns Case to February 20
Continue Reading