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Shippers’ Council sets for new policy on freight rate, begins sensitization of stakeholders

The Nigerian Shippers’ Council (NSC) is set to introduce
a new policy on freight rate.

This was disclosed in Lagos by Otunba Seyi Oduntan, the Chairman,
Sub-Committee on Freight, a statement from the Council reads.

Speaking during a recent visit to Maersk Line and Grimaldi
Line, Oduntan who is also a member of the Governing Board of the Council
disclosed that the ports economic regulator has started stakeholders’
engagement on the planned new freight rate.

He said the visit to the multinational shipping companies was
mainly to seek their support for the new policy.

Oduntan said the NSC as the ports economic regulator has the
mandate to make Nigeria a regional hub in African sub-region, adding that the
Council has been working tirelessly to attain this aspiration.

Officials of the multinational shipping agencies in their
response told the NSC team that the cost of transporting cargo from the ports
has gone up, adding that this was at the detriment of the customers.

The shipping service providers also identified the deplorable
state of the roads leading to Apapa as among the challenges being faced at the

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