As Nigeria Loses Huge Revenues To High Port Charges, Archaic Clearing Process

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As Nigeria Loses Huge Revenues To High Port Charges, Archaic Clearing Process
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Factors militating against the efficiency and effectiveness of Nigerian seaports are port cost, archaic clearing process and lack of automation. These factors

These factors, fueled diversion as importers that seek efficiency divert their cargoes to the neighboring ports, thereby, making Nigeria lose revenue that are supposed to be accrued to the nation.

Jime who rued Police interference, however, stated that it often disrupt cargo dwell time, increase demurrage, storage charges for the consignees, extortion, which ultimately lead to increase in prices of goods and services in the country. Ojadi, a logistics expert, however, said operators should see how they can facilitate internal processes of the port where everyone has its own objective totally different from the common objective of speedy supply chain.

“We have seen the scanners coming in and if deployed, they can scan, then they will also help facilitate cargoes out of the port but, and another problem is most importers in Nigeria don’t import homogeneous goods so they still have to go through physical examination.”

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