As Nigeria’s shipping sector grapples with escalating operational costs, the Nigerian Shippers’ Council (NSC) has taken proactive steps to address industry concerns through a high-level stakeholder engagement. The strategic meeting, held in Apapa, Lagos, brought together key players from the maritime sector, including shipping companies, terminal operators, freight forwarders, and government agencies.
Reflecting on past industry challenges, the Executive Secretary/CEO of the NSC, DR Pius Ukeyima Akutah, highlighted the Council’s unwavering commitment to fostering collaboration and ensuring sustainable solutions. He emphasized that the rising cost of operations not only affects shipping expenses but also has broader implications for Nigeria’s economic growth.
“This gathering serves as a platform for constructive dialogue and policy alignment,” Akutah stated. “Our goal is to drive efficiency, balance tariffs with economic realities, and ensure that all stakeholders operate in a conducive business environment.”
The reflection on past engagements revealed that similar meetings in previous years had led to policy adjustments, regulatory interventions, and streamlined port operations. However, the recent spike in costs has intensified calls from operators for a tariff review, underscoring the urgency of the NSC’s latest initiative.
Speaking at the event, Chairman of the Shipping Lines Association of Nigeria (SAN), Boma Alabi (SAN), acknowledged the Council’s role in bridging industry gaps and urged swift intervention in addressing tariff concerns.
“Operational efficiency is crucial to maintaining Nigeria’s position as a competitive maritime hub. It is imperative that we find workable solutions to rising costs,” Alabi remarked.
The event also served as a moment of reflection on previous industry reforms and their impact on trade facilitation. Discussions delved into strategies to mitigate cost burdens, improve service delivery, and enhance Nigeria’s maritime competitiveness.
As stakeholders departed with renewed optimism, the consensus was clear: sustained collaboration between regulators and industry players remains key to overcoming port challenges and driving long-term economic growth.
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