Why It Costs 'Legs And Arms' To Bring Goods Through Nigerian Ports
If you have tried to import any goods through any of Nigeria’s seaports, you would have known how expensive it is.
It is so bad that some importers are forced to import through neighbouring countries’ seaports and device ingenious means of getting the goods into Nigeria.
But why is it so expensive to import through Nigerian ports?
The Lagos Chamber of Commerce and Industry, LCCI says it is because of poor infrastructure and inadequate facilities at the ports.
The President, LCCI, Babatunde Ruwase, stated this in Lagos on Thursday during the chamber’s freight forwarders group annual seminar themed “Trade Facilitation on Nigeria Integrated Customs Information System: Advantages and Development.”
Ruwase, who was represented by the Vice President of the LCCI, Mr Varkey Verghese, remarked that operators and users of Nigerian ports were faced with bureaucracy, constant delays, high costs and illegal charges.
He noted that the adverse operating environment of the nation’s ports would continue to hurt government’s aspiration to grow the non-oil sector and reduce the nation’s dependence on oil revenue for national development.
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