Nigerian Shippers Council || N.S.C

Shippers Council Says It Working With Shipping Lines To Reduce Freight Cost by 30%

Shipping Position Daily February 3,2020 Page 1&2

The Executive Secretary/Chief Executive Officer of the Council; Mr. Hassan Bello over the weekend said its working with the shipping companies to reduce Freight rate by about 30%.

Bello said this when a team from the International Monetary Fund (IMF) led by the mission Chief Senior Resident Representative for Nigeria African Department, Amine Mati paid a working visit to the Council to review the economic outlook for 2020.

He however expressed worries over non-availability of scanners at the ports, even as he assured that the machines will be available before the end of first quarter of 2020.

He told his quest that, ‘’We are working with Shipping companies to reduce the cost to about 30% we will soon go into agreement ,we are also concerned with the ease of doing business for now there is 100% examination there are no scanners  in the Ports’’.

However, said that the agency is trying to establish a Port Community System (PCS) to ensure professional synergy and the national single window.

‘’So we are trying to built first of all Port Community System so that we will have professional synergy and then of course National single window which is the simplification of all the overall processes’ ‘we need to be  open and transparent’’

Bello disclose that cargo dwell time currently stands between 18 and 20 days, but added that ship turnaround time is about 4.2 days and also told the IMF delegation that effort are on to reduce the days.


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