• Contact Us
  • About Us
Saturday, July 11, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Shippers pay $20, 000 per day for vessel delay at Lagos ports – port manager

metro by metro
March 12, 2019
in Economy
0
Nigerian Ports Authority
0
SHARES
0
VIEWS

Nigerian Ports AuthorityA maritime expert, Mr Demola Akinkunmi, says shippers are now being charged $20,000 per day for delay of ships in Nigeria.

Akinkunmi said this in an interview with the News Agency of Nigeria (NAN) in Lagos on Tuesday

Read Also

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

Ekpo Blames Economic Managers For Nigeria’s Inability To Achieve Sustained Economic Growth

He said that the lack of space for vessels to discharge cargoes was a major problem at the Lagos ports.

The Offshore Manager with Africa Port Services Ltd.,  said that some equipment imported for the construction of Dangote Refinery had occupied spaces at the Lagos ports.

Africa Port Services is one of the shipping companies operating in Nigeria ports

He said that the Dangote Refinery equipment were stored at the seaport terminal pending when they would be needed at the construction site.

“Spaces which  vessels would have used to discharge cargoes are occupied by the refinery equipment, thereby making it difficult for vessels to berth and discharge.

“Vessels that were hired by shippers from ship owners abroad give importers or shippers 10 days grace on arrival after which they begin to place sub-charge of $20,000 per day.

“The situation in the port now is that rarely does a vessel discharge its content within the stipulated 10 days grace.

“In most cases vessels will arrive, stay up to eight days before the port managers will allocate space for it to discharge,’’ he said.

Akinkunmi said that for the ease of doing business to be meaningful, the nation’s ports should be abide by the standard of  International Maritime Organisation (IMO) and the overall rules of international trade.

“We cannot make our own rules from that of the global body that govern the industry,’’ he said.

The expert called on the managers of the port to use the terminals for the purpose they were meant and not a store for refinery equipment.

He said that the masses would be spared the  high cost of goods in the market and traffic gridlock in Lagos if the administrative problems at the ports were check.

He said that the sub-charge was being transferred to consumers of imported goods and services.

Tags: Lagos ports
Previous Post

Fix road infrastructure, RTEAN tells Lagos Governor-elect, Sanwo-Olu

Next Post

EEDC to complete metered transformer distribution by March 31 — Official

Related Posts

Elumelu Meets Tinubu In Aso Villa, Says President’s Policies For Nigerians’ Interests
Economy

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

July 1, 2026
Economy

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

July 1, 2026
Households Earning Less Than N250,000 Or Less Monthly Won’t Pay Tax-Oyedele
Economy

Ekpo Blames Economic Managers For Nigeria’s Inability To Achieve Sustained Economic Growth

July 1, 2026
IMF
Economy

Concerns As IMF Official Says Nigeria’s Unreported Spending Equals 2% Of GDP

July 1, 2026
Next Post

EEDC to complete metered transformer distribution by March 31 — Official

Meta Discontinues AI Image Feature Days After Launch

Meta Discontinues AI Image Feature Days After Launch

July 11, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

US Issues Fresh Iran-related Sanctions As Conflict Flares

July 11, 2026
Spain Defeat Belgium 2-1 To Reach World Cup Semi-Finals

Spain Defeat Belgium 2-1 To Reach World Cup Semi-Finals

July 11, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

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
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version