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Freight Forwarders Demand Urgent Tariff Review in Nigeria

Freight Forwarders Demand Urgent Tariff Review in Nigeria

Freight forwarders in Nigeria are urgently seeking a review of the current tariff structure, expressing concerns that persistent tariff hikes are stifling trade and discouraging indigenous participation in the freight forwarding sector. During a media engagement in Lagos, stakeholders, including Kenneth Ofurum, highlighted that the existing tariff regime is increasingly burdensome for freight forwarders and import operators.

They noted that rising costs have led to business shutdowns and protests against shipping companies, particularly in Apapa, Lagos. Earlier in April, the Nigerian Shipper Council met with maritime stakeholders to discuss proposed tariff hikes.

Ofurum stressed the need for government policies that consider the human impact of revenue generation, as current approaches place undue pressure on operations, ultimately leading to higher consumer prices. He raised alarms about the sidelining of indigenous operators in favor of foreign interests, which could exacerbate unemployment.

Stakeholders are urging the government to enforce existing local content laws and develop policies that protect local operators from unfair competition.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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