90% of containers underutilised, say operators

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90% of containers underutilised, say operators
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Maritime experts reveal that 90 per cent of containers brought into Nigeria are not efficiently utilised.

“So, what is the probability that a box that comes in with goods from Europe, Asia, or America will go back with something? The probability is next to nothing. It is negative. So, the shipping companies are wise. They know that it cost them the same amount to fuel their vessels and bring these boxes here. So, who is going to pay for that? Who will pay for the empty boxes? So, they will tell the importers that they have to pay for the return.

Meanwhile, a licensed Customs agent, Mr Festus Ukwu, called on the government to encourage exporters in the country. “We do not have much to export. So, the volume of importation is far higher than the volume of exportation. If you look around, you will find out that many goods are under prohibition, which limits export. The government just currently lifted the ban on the export of wood, which will escalate export.

“The number of containers that come in is more than the ones that go out. We don’t have much to export that is the reason. It is the fault of the National Export Promotion Council because there is no incentive for exporters. There is no attraction for export. Exporters need to be encouraged. Most of the goods they export in Nigeria are unfinished goods,” Ukwu enunciated.All rights reserved.

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