Nigeria orders shipping companies to suspend new tariffs

 

 

Maureen Aguta

 

The Nigerian Shippers’ Council (NSC) has directed shipping lines and their agencies to immediately suspend the implementation of recently approved tariffs.

 

The directive is contained in a notice issued by the council’s management and made available to journalists in Lagos on Friday.

 

It stated that the order followed ongoing engagements with key stakeholders over the newly approved charges.

 

According to the council, the engagements responded to concerns about the timing, structure, and potential impact of the tariffs on port users and logistics operations.

 

“In order to safeguard fair competition, transparency, and sectoral stability, the council considers it necessary to halt further implementation,” it said.

 

It added that the suspension would remain pending the conclusion of consultations and a comprehensive regulatory review.

 

“Accordingly, all affected operators are mandated to revert to, and apply strictly, the tariff regime previously in force,” the statement read.

 

It warned that any deviation would constitute a breach of compliance and attract sanctions under existing laws.

 

“The council will, upon conclusion of consultations and internal reviews, communicate a definitive position on the matter,” it added.