NSC DIRECTS SHIPPING COMPANIES TERMINAL OPERATORS, AND OTHERS TO SUSPEND CHARGES REVIEW AND ENGAGE STAKEHOLDERS

 


By Ambrose Obioma Okehi (News Emperor ) 


Nigeria’s Port Economic Regulator, the Nigerian Shippers’ Council (NSC), has directed all shipping companies, shipping agents, and terminals operating within Nigerian ports to suspend and refrain from implementing any review or upward adjustment of their charges until they have fully engaged their stakeholders.

 

In a statement that signed by Mrs. Rebecca Adam, who is the Head, Public relations Relations of the Council, the agency wishes to clarify that the recent adjustment was approved strictly in accordance with its statutory mandate as the Port Economic Regulator. The Council affirms that all tariff reviews were conducted in a transparent, structured, and well-defined regulatory process. These processes included detailed technical and consultative engagement with affected service providers, aimed at examining the cost drivers, operational realities, investment obligations, and regulatory compliance.

 

The engagements did not constitute automatic approvals; rather, they informed a broader evaluative process. Final determinations were reached only after rigorous internal, technical, and financial assessments guided by empirical evidence, regulatory benchmarks, and prevailing economic conditions.    

 

Notwithstanding, Shipping companies, agents, and terminal operators are hereby directed to suspend any intended review of charges until they have duly consulted and engaged their stakeholders. As the Port Economic Regulator, the Nigerian Shippers’ Council will wield the big stick against any port service providers disrupting port operations.

 


The Council emphasised that transparency, fairness, and stakeholder participation are fundamental principles underpinning port economic regulation in Nigeria. 

 

The Executive Secretary/Chief Executive Officer of the Council, Dr. Pius Akutah (MON), further warned that the Council is empowered under its regulatory mandate to apply appropriate sanctions against defaulting operators, including enforcement measures provided for under relevant regulatory frameworks. He encourages constructive engagement, dialogue, and compliance. However, any service provider that proceeds with charge reviews without stakeholders’ engagement should be prepared to face decisive regulatory action. 

 

He assured that the Nigerian Shippers’ Council remains committed to protecting the interests of port users, promoting fair competition, and ensuring a balanced and predictable business environment within the Nigerian maritime industry.

Comments

Post a Comment

Popular posts from this blog

HON. SOLA GIWA APPROVES TEMPORARY SUSPENSION OF BRT LANE ENFORCEMENT ON EKO BRIDGE AND ODO IYA-ALARO AXES AMID ONGOING IFAKO BRIDGE REHABILITATION

Image
  In a proactive and strategic intervention aimed at ameliorating the growing traffic congestion precipitated by the ongoing structural rehabilitation of the Ifako Bridge expansion joint, the Special Adviser to the Governor on Transportation, Honourable Sola Giwa, has granted formal approval for the temporary suspension of Bus Rapid Transit (BRT) lane enforcement along the Eko Bridge and Odo Iya-Alaro corridors. This remedial measure, conceived as a palliative response to mitigate commuter hardship, aligns with the Lagos State Government’s forward-thinking and adaptive transportation strategy under the THEMES Plus Agenda of Governor Babajide Olusola Sanwo-Olu, particularly within the framework of sustainable traffic management and infrastructure modernization. Reiterating the administration’s unwavering resolve to improve road infrastructure and enhance urban mobility, Hon. Giwa noted that the suspension is transitional and conditional, structured specifically to absorb the anticip...
Read more

LASG CAUTIONS MOTORISTS AGAINST REMITTING PAYMENTS TO TOUTS FOR ILLEGAL PARKING ON BRIDGES AND OPEN SPACES.

Image
  The Special Adviser to the Governor on Transportation, Hon. Sola Giwa, has unequivocally admonished motorists to desist from making illicit payments to touts  for illegal parking on bridges and other open spaces across Lagos State. This directive comes in response to reports indicating that private vehicle owners have been engaging in transactions with street urchins for unauthorized parking privileges at various locations within the metropolis. Hon. Giwa underscored the imperative of strict adherence to government-installed road signage and urban furniture, which explicitly delineate designated “No Parking” zones. He emphasized that noncompliance contributes significantly to congestion and impedes the seamless flow of traffic. Highlighting notorious areas plagued by illegal parking, he referenced locations such as Ebute-Ero, Ejalonibu, Adeniji-Adele, Oyingbo, Oworonsoki, Iyana-Ipaja and Medical Road near Computer Village, among others, where vehicles are indiscriminately st...
Read more

Oki Community Rejects Hon. Abiodun Ejigbadero as APC Candidate in Agbado Oke-Odo LCDA

Image
--- The people of the Oki community in Alimosho Local Government have publicly rejected the candidature of Hon. Abiodun Ejigbadero as the All Progressives Congress (APC) flagbearer for Agbado Oke-Odo Local Council Development Area (LCDA). This rejection was expressed through a peaceful protest staged at Iyana Ipaja, where community members voiced their concerns and dissatisfaction. The protesters made it clear that they do not wish to be represented by someone they described as a “land grabber.” Speaking to journalists, the Akinrogun of Oki Kingdom, Chief Olatunde Durosimi, explained that the protest was driven by ongoing issues within the community, specifically involving Mr. Ejigbadero. According to Chief Durosimi, the community has been embroiled in a land dispute with Mr. Ejigbadero, a matter that is currently being contested in court. “We are opposed to his candidature because of his conduct within the community. Recently, during another protest, one of his boys allegedly killed a...
Read more