Shippers tell govt to change import policy to boost shipping

AMG Logistics

Rev. Jonathan Nicole, President, Shippers Association of Lagos (SAL)

Nigerian shippers have stressed the need for the federal government to change the import policy to encourage shipping as trade imbalance and the high cost of doing business are taking a toll on importation into the country.

Rev. Jonathan Nicole, President, Shippers Association of Lagos (SAL), stated this in Lagos saying that the government was unduly putting all its eggs in one basket: the export basket, due to its determination to make the country less import-dependent.

According to him, “if there is no clear-cut adjustment policy; it will be free for all with people behaving as they want. As regards trade balance, if we are bringing imports for one country, for instance, Germany, they will also want to export their own goods themselves so that there will be balance in trade.

“And if we are saying that Nigeria cannot depend on importation and we are taking our goods to Germany, they will reject our goods and that is what we are going through now.

“A lot of countries rejecting our exports is not just due to high chemicals in our products but lack of trade balance is also a factor,” he said.

He urged the government to check the constant review of import rates as imports were now being taken to other countries with cheaper rates.

He noted that such a move would lead to shippers not progressing and the ports not making business coupled with the fact that Nigerian ports were termed to be excessively expensive.

“The cost of doing business in Nigeria has gone overboard, we do not have problems with goods coming in from Europe, but local problems such as high cost of clearing goods.

“Instead of spending three to five million Naira to clear your goods which is enough to bring in other goods, you go to other countries to do your business.

“Government does not give us palliative and we are talking about container deposit, shipping lines and agencies fees, all these things that are in contention in the court and it is taking the court eight years now to adjudicate this matter.

“So, is this how we should continue to trade? Most shippers are bankrupt due to loans borrowed from banks, the environment is not friendly for shippers at all,” Nicole said.

He urged the economic regulator to do the needful as shippers feel neglected with the many bills they pay for importation, noting that importation was already shrinking due to the bills.

“We are just feeling not protected, no palliatives, no incentives, demurrage are in contention, when there are public holidays we pay, likewise on Sundays there are no jobs, we pay, the bills are just too much,” he said.

Nicole pointed out that shipping lines presently did not have containers to import goods to the west coast.

He also lamented payment being made in hard currency to shipping lines in Nigeria and noted that these shipping companies did not allow them to make freight charges in naira in their countries.

Ref: portnews.com.ng

AMG Logistics is a Lagos-based TRACE certified logistics company. Our services include Freight forwarding, Customs clearance, Trucking, Distribution, and Warehousing within Nigeria.

CONTACT US

Tel: +234 909 199 9866

sales.nigeria@amglogistics.com
+234 909 199 9866

customer.services@amglogistics.com
+234 909 199 9841

cs.abuja@amglogistics.com
+234 909 199 9805

documentation.department@amglogistics.com
+234 909 199 9813

AMG Logistics Locations

HEAD OFFICE
7c Creek Road
Apapa
Lagos

ABUJA BRANCH
B3 ground floor
84 Keane Nkrumah Street
Asokoro Business & Lifestyle centre
Abuja

PORT HARCOURT BRANCH
NAMA Admin Building
Port Harcourt International Airport
Omagwa
River State

LET US CONTACT YOU

CONTACT US NOW

--

--

--

AMG Logistics Nigeria is a Lagos-based TRACE certified logistics company. Contact: https://amglogistic.com/ [or on] https://www.facebook.com/AMGLogisticsNigeria

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Idea of Development: Who is an Authentic Development Professional?

Jess Phillips (age 13 3/4) Gets Authentic

Salman’s ‘moderate Islam’: A Disneyland for robots, not an open society

Ho Ho No! Saluting the inept twits who blighted our year

The Nigerian logistics industry and some of its opportunities

AMG Logistics

100 days of the war in Ukraine

Saudi prince MBS tells US evangelicals the world should focus on Iran, not him

Why I think my Britain is struggling, with Covid-19

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
AMG Logistics

AMG Logistics

AMG Logistics Nigeria is a Lagos-based TRACE certified logistics company. Contact: https://amglogistic.com/ [or on] https://www.facebook.com/AMGLogisticsNigeria

More from Medium

Introducing GemFinance

eDiggers NFT — The new eGold Rush!

Why not Leave the EU? On Timothy D. Snyder’s Speech at Judenplatz

How Long Do WILD & PET African Grey Parrots Live? — WooParrot