
How We've Saved Nigeria Billions of Naira - Customs
- Esther
- Aug 19, 2024
- 2 min read
The Nigerian Shippers' Council (NSC) has made pivotal strides in saving Nigeria from substantial financial expenditures by diligently performing its statutory roles and functions.
On August 19, 2024, Pius Akutah, the executive secretary of the NSC, highlighted these achievements during his maiden visit to Kaduna, where he interacted with the council’s staff and the State Shippers Association (KSSA).
Mr. Akutah emphasized that the council's effective dispute resolution mechanism has been pivotal in bolstering its operations.
He noted, "Complaints such as loss of cargo and associated charges from owners, among other issues, were handled professionally and resolved by the council." This proactive approach has not only mitigated financial losses but also enhanced operational efficiency.
Furthermore, Mr. Akutah underlined the importance of revamping rail transportation, a key initiative under President Bola Tinubu’s administration. He mentioned that the NSC and the Nigerian Railways Corporation had signed a memorandum of understanding to enhance rail transport integration in ports.
This collaboration aims to address the challenges of rail transportation costs and promote the use of rail systems for efficient cargo movement. "The federal government is in ongoing discussions about repairing and utilizing the old light gauge, dedicated solely for cargo movements," he added.
In addition to these efforts, the NSC has introduced the Cargo Defence Fund (CDF), which provides comprehensive legal and technical support to importers and exporters.
Services under the CDF include litigation loans, foreign legal representation, and risk management advice, ensuring that cargoes are protected and business thrives.
Mr. Akutah also commented on the proposed legislation to repeal the NSC Act and enact the Shipping and Port Economic Regulatory Agency Bill.
He stated, "The new legislation will bring much-needed transparency, accountability, and efficiency to the sector. It will strengthen the council’s regulatory powers, reduce costs, increase competition, and improve service delivery."
Comments