N300b to stoppage of containers allocation

N300b to stoppage of containers allocation ⬇️

Bonded terminals in Lagos have lamented the loss of over N300 billion to port terminals stoppage of stemmed import containers from Apapa port in four weeks. Some terminal operators had issued an embargo stopping import cargoes in Apapa port from being stemmed to bonded terminals and Inland Container Depot from December 2022. According to…Bonded terminals in Lagos have lamented the loss of over N300 billion to port terminals stoppage of stemmed import containers from Apapa port in four weeks.

The General Secretary of the Association of Bonded Terminal Operators of Nigeria, Haruna Omolajomo, who spoke to The Guardian on the situation, said over N300 billion have been lost since import cargoes discharged in Apapa port have been stopped from getting to the bonded terminals. “Since early December 2022, each bonded terminal has lost more than N300 billion and even revenue that would have gone to the Federal Government, which is more than N10 billion per terminal due to this draconian law.

“For our bonded terminal, we just come to the office and then close when it is 5:00pm because we have been idle without work to do at the office. Let this concessionaire reverse their decision to allow all bonded terminals and off-dock operators to engage in the maritime business. They must not do anything to jeopardise the interest of these people including the barge operators,” he said.

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