The Nigeria Shippers Council (NSC) says the delay in implementing the international cargo tracking note (ICTN) costs $500 million annually.
byThe Nigeria Shippers Council says the delay in implementing the international cargo tracking note costs $500 million annually.
Akutah said Nigeria has lost about $2.5 billion over five years, approximately $500 million annually, due to the non-implementation of the contract. However, the same contract was first awarded by former President Muhammadu Buhari’s administration to Antaser Nigeria Limited in 2023 to implement a cargo tracking system for 15 years.
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