LCCI tasks FG on timely cargo clearance, reduction in business cost - Vanguard News

In a communiqué it issued in Lagos, LCCI said that the trend was creating problems for importers and investors.

“Delays lead to huge demurrage paid by importers to shipping companies and terminal operators, and also affect the production cycle of manufacturers with implications for cost escalation,” the chamber said in the communique signed by its Director-General, Mr Muda Yusuf, and President, Mr Babatunde Ruwase.The chamber also expressed concern over the role of maritime police in the clearance of cargo in Lagos ports.

It added that the chamber had received complaints of undue delay in the issuance of Pre-Arrival Assessment Report to importers. It also urged the government to address the perennial gridlock on the Apapa area of Lagos which, it said, was negatively affecting the economy of Lagos State and the entire Nigeria.

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ease of Doing Business: FG implements 140 reforms in 3 years— Osinbajo - Vanguard News NigeriaThe federal government has implemented more than 140 reforms aimed at improving the business environment in Nigeria in the past three years.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

FG implements 140 reforms on ease of doing business – Osinbajo - Vanguard News NigeriaVice President Yemi Osinbajo says that the Federal Government has implemented no fewer than 140 reforms on ease of doing business in the past three years. vanguardngr The VP ProfOsinbajo, is very academic about the progress of this country. I like the way he gives figures, even when we don't see the impact. Well, it's better than nothing...
Source: vanguardngrnews - 🏆 5. / 75 Read more »