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Nigerian Port Authority plans new tariff for transshipment, transit cargoes

Nigerian Ports Authority (NPA) is planning to come up with a new tariff regime that will encourage transshipment and transit cargoes back to Nigeria.
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Nigerian Ports Authority (NPA) is planning to come up with a new tariff regime that will encourage transshipment and transit cargoes back to Nigeria. The Managing Director of the authority, Mohammed Bello-Koko, disclosed this in Lagos when the Minister of Transportationu, Muazu Sambo, inspected the Lekki Port project. Bello-Koko explained that NPA was ready to take delivery of two 80 tonnes bollard pull ASG tugboats and two pilot boats for deployment to the seaport.

He stressed that the Authority would procure Vessel Tracking System (VTS) for the Lekki channel and other port locations in the country, stressing that the NPA was in discussions with Lekki Port operators on African Continental Free Trade Agreement (AfCFTA). Bello-Koko added that approval of the minister on the tariff would be sought when concluded, stressing that the operationalisation of the port before the end of 2022 would help Nigeria take full advantages of AfCFTA.

He explained: “We are already in discussion with them on tariff on transit and transshipment cargoes, these kinds of cargoes are sensitive to tariff, it means that it is coming to this port before it gets to final destination. “This discussion is taking place and we would come back to the Honorable Minister of Transportation for necessary approvals that would encourage transit and transshipment cargoes back to Nigeria, this was happening at Tin Can and Apapa on the early days, but before because of the multiple checkpoints on the highway. “If transit cargoes come here, it would be loaded on smaller vessels from the mother vessels and moved to other countries, this would be of economic advantage to Nigeria.”

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