Collect port charges in Naira, shipping agencies urge FG

Alabi said that freight for exports was charged in dollars which was set by the foreign Headquarters.

Update: 2024-10-28 09:06 GMT

The Shipping Agencies, Clearing, and Forwarding Employers Association (SACFEA) has called on the Federal Government to compel its agencies operating at the ports to charge in Naira.

The President of SACFEA, Mrs. Boma Alabi, who made the call in an interview with the newsmen on Sunday in Lagos, said that it was necessary in order to de-dollarise the economy.

She said that in the past, shipping companies charged freight in Naira unlike now that freight were being charged in dollars across board.

Alabi said that freight for exports was charged in dollars which was set by the foreign Headquarters.

“If the freight is set from their national offices, our exporters will pay more money.

“To freight a 20-foot container from abroad to Nigeria will cost about 4,000 dollars, and to export 20-foot containers of goods from Nigeria to overseas will cost about 1,000 dollars or 900 dollars.

“It also costs between 7,000 and 8,000 dollars to freight 40-foot containers from abroad to Nigeria, while it takes 1,500 dollars to freight 40-foot containers of export goods from Nigeria to abroad.

“If the government allows both charges from the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) to be paid in naira, it will de-dollarise the economy,” she said.

She also urged the government to fast-track export processing at the nation’s ports to avoid waste due to delays encountered during examination.

Alabi said that such a delay had made some of the Nigerian exporters route their exports through neighbouring countries, which cost them losses in Nigerian ports.

She said that it was not in the nation’s interest for export cargoes to be delayed before being exported, adding that fast-tracking port operations would enable more efficiency.

Supreme News reports that the federal government’s Economic Stabilisation Bill before the National Assembly (NASS) proposed that NIMASA and NPA should begin collecting charges, fees, fines, and others in Naira.

The Special Adviser to the President on Information and Strategy, Bayo Onanuga, had on September 26 said that the proposal was aimed at prioritising the use of Naira.

Onanuga said that the idea was to reduce pressure on the foreign exchange market.

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