Operators Lament As Cash Crunch Paralyses Business At Seaports

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Operators Lament As Cash Crunch Paralyses Business At Seaports Business

It was gathered that clearing agents find it difficult to access the port as cash are practically unavailable to move around the port for clearance of cargoes.

“So, the ports for now are being challenged and by now government should have reversed those policies and printed enough notes because it’s affecting everyone. People are dying and people who are sick cannot get drugs, people cannot leave their homes because they don’t have transport. “Policy makers may be enjoying because they can easily get access to fuel, money but when they leave office, they will know what they have caused. It’s a very serious issue.

He said it has been difficult for truck drivers to adapt to the new system of online transactions making it very herculean to move cargoes out of the seaport. Though, he commended the policy, saying it will reduce crime, but government have to tweak it in other not to affect the economy. Also, a truck owner, Yusuf Liadi, said the cash crunch has affected movement of cargoes from Lagos ports to warehouses outside Lagos.

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