The Executive Secretary, Nigerian Shippers Council, Emmanuel Jime, said that shippers were paying high freight on goods coming to Nigerian ports due to poor security rating of the country, adding that cargoes which are supposed to go to the Eastern ports are being diverted to Lagos ports due to the high rate of insecurity in the Niger-Delta waterways.
He further said that this leads to high freight differential between the Lagos Ports and Eastern ports as shipping firms slam war risk insurance premium on the cargoes. Meanwhile the Director General Nigerian Maritime Administration and Safety Agency, Bashir Jamoh noted that NIMASA’s Deep Blue Project was to improve security in Nigeria’s waters and to reduce the payment of war risk insurance by ships coming to Nigerian Ports.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Insecurity is global
Na now una knw?