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05 April 2020 The on-line newspaper devoted to the world of transports 14:32 GMT+2

November 10, 2014

Nigeria loses N35bn in one week as agents shut down major seaport

By Godwin Oritse

THE nation's economy lost at least N35 billion in the last seven days as clearing agents blockaded the Lagos Port Complex, LPC, Apapa, over disagreement in charges collected by terminal operators.
While the Apapa Area Command of the Nigeria Customs Service, NCS, has lost an average of N1.4 billion daily as a result of the agents' action; shipping lines, manufacturing companies, haulage/trucking firms, terminal operators, Nigerian Ports Authority, importers, clearing agents and other agencies of government reportedly lost N3.6 billion amounting to an average daily loss of N5 billion ......
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