SCAN holds seminar on port charges

March 13th, 2018

Towards an ideal pricing solution at Nigerian seaports, the Shipping Correspondents Association of Nigeria (SCAN) is hosting a seminar in LagosA�tomorrowA�as journalists weigh in on the fees and tariffs, which stakeholders have blamed for the diversion of Nigeria-bound cargoes to neighbouring countriesa�� ports.

A�A�A�The objective is to once again make Nigerian seaports attractive to shippers, shipping companies and investors, making it the hub of shipping activities in West and Central Africa, thereby opening the sector for jobs and eliminating corruption through illegal charges.

A�A�A�The lead speaker and Managing Director/Chief Executive Officer of Cowry Assets, Dr. Johnson Chukwu, a financial expert and research analyst, will be speaking on the theme, a�?Port Charges: How Plausible?a�? at the seminar billed for Rockview Hotel, Apapa.

A�A�A�According to SCAN President, Mr. Yusuf Babalola, the seminar aims to expose the contributions of the various charges to cargo diversion from the nationa��s seaports to the detriment of the Nigerian economy.

A�A�A�a�?The summit is to find solutions to the myriads of challenges confronting shippers, terminal operators, clearing agents, importers, port regulators and other stakeholders operating in the nationa��s maritime sector,a�? Babalola said.

A�A�A�a�?Stakeholders are lamenting that the port sub-sector is already sagging under inappropriate pricing, billing inaccuracy, unfriendly port environment and cargo insecurity. The summit is expected to address the various pricing-related issues that have stunted the growth of the sector, especially since the port concession of 2006.a�?

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