Nigerian Shippers Council || N.S.C

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SHIPPERS’ COUNCIL, CBN PACT AVERTS N2BN CAPITAL FLIGHT

(LEADERSHIP, WEDNESDAY AUGUST 28, 2019 BUSINESS PAGE)

The Nigerian Shippers’ Council (NSC), said its collaboration with the Central Bank of Nigeria (CBN) has helped Nigerian importers save N2 billion demurrage charges from foreign shipping companies.

The Executive Secretary and Chief Executive Officer of the Council, Mr. Hassan Bello stated this at the recently concluded sub-regional summit on “Unfair Shipping Surcharges and High local Shipping Charges at the Ports of West and Central Africa Sub-region, in Abuja recently.

According to NSC’s boss, about N2 billion has been saved through confirmation of reasonableness of demurrage charges and freight rates by CBN.

He, however, commended the existing collaboration between two agencies of government.

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APPLICABILITY: All Shipping Lines, Shipping Agencies, and Maritime Operators functioning within the Federal Republic of Nigeria. PREAMBLE & FINDINGS: WHEREAS the Nigerian Shippers' Council is statutorily mandated to promote efficiency, transparency, and customer-oriented service delivery within the Nigerian shipping industry and port sector. NOTING persistent infractions characterized by discourteous, dismissive, and unethical communication from shipping companies to consignees, agents, and port users concerning critical operational milestones, including cargo arrivals, export cargo evacuation, and operational approvals. NOTING FURTHER the unlawful and dilatory practice wherein shipping companies withhold operational approvals or decisions under the pretext of awaiting instructions or authorization from foreign parent companies or principals.