Close Menu
Chronicle NG
    Trending Stories
    Aliko Dangote speaking about plans to generate 20,000 megawatts of electricity in Nigeria amid ongoing power shortages.

    Dangote plans London Stock Exchange listing for cement business

    May 8, 2026
    Federico Valverde has delivered an emotional public apology after reports emerged that he was involved in a heated training-ground dispute with teammate Aurélien Tchouaméni at Real Madrid.

    Federico Valverde apologises over clash with Tchouaméni

    May 8, 2026
    Yahaya Bello in court during hearing on alleged money laundering charges linked to prepaid school fees dispute.

    Yahaya Bello trial: Witness tells court how N950m Maitama property was bought in dollars

    May 8, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Dangote plans London Stock Exchange listing for cement business
    • Federico Valverde apologises over clash with Tchouaméni
    • Yahaya Bello trial: Witness tells court how N950m Maitama property was bought in dollars
    • Real Madrid fine Valverde, Tchouameni €500,000 over clash
    • FCMB unveils zero-interest loans for women entrepreneurs
    • Bruno Fernandes wins FWA footballer of the year
    • Bianca Ojukwu assumes office as foreign affairs minister
    • US to revoke passports of parents owing over $2,500 in child support
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Saturday, May 9
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Nigeria loses N1trn annually to cargo diversion

    Chronicle EditorBy Chronicle EditorNovember 21, 2017No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Nigeria digital trade platform for air, sea cargoes to launch March 2026
    Cargoes
    Facebook Twitter WhatsApp

    The Shippers’ Association Lagos State (SALS) on Tuesday said the country lost N1 trillion annually through cargo diversion to ports in neighbouring countries due to bad roads to Lagos ports.

    Mr Jonathan Nicol, SALS President, told the News Agency of Nigeria (NAN) in Lagos that the losses arose from import duties and other charges not paid to Nigerian ports.

    According to him, there is massive diversion of Nigeria-bound cargo to ports in neighbouring countries due to bad access roads to Lagos ports.

    The shippers said that demurrage, terminal charges and storage fees incurred by shippers ran into billions of naira daily.

    “There are also queue of vessels within the Lome waters awaiting call-up for berthing in Lagos ports.

    “This will attract port congestion levy on cargo, which is no fault of the shippers (importers and exporters).

    READ: Teenage suicide bomber kills 50 in Adamawa

    “Demurrage on containers is increasing with no control from maritime agencies. Importers and exporters are suffering,” he said.

    Nicol called on the contractor handling the rehabilitation of the access roads to Apapa port to expedite action to reduce problems encountered by shippers and truck owners.

    “Industrialists are incurring huge expenses on haulage due to lack of access roads and they are counting more losses daily.

    There is no entry into Lagos ports and no access out of the ports after loading,” the shipper said, adding that truck drivers remained on queue for several days.

    He, however, commended Dangote Group, Flour Mills of Nigeria Plc and Nigerian Ports Authority (NPA) for their assistance in rehabilitating access roads to Apapa ports.

    “It should be noted that they (Dangote and Flour Mills) are industrialists going the extra mile to keep the maritime industry afloat,” the shippers said.

    Nicol said that the export initiative of the Federal Government was also under threat as export goods spent several days before arriving at the ports.

    To avert congestion, he suggested that the backlog of goods at the ports should be cleared.

    According to him, the port congestion of the past is mounting again and may lead to prolonged litigation on who pays the charges.

    Nicol advised that empty containers inside the ports should be exported as a priority.

    He, however, said that the association would not subscribe to the idea of moving containers released at the ports to Papalanto in Ogun.

    “The cost of moving such boxes (containers) to factories in Lagos and other places will be too high.

    “Cargo taken to Papalanto will be treated as up-country cargo and will attract high haulage fees,” Nicol said.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Aliko Dangote speaking about plans to generate 20,000 megawatts of electricity in Nigeria amid ongoing power shortages.

    Dangote plans London Stock Exchange listing for cement business

    Yahaya Bello in court during hearing on alleged money laundering charges linked to prepaid school fees dispute.

    Yahaya Bello trial: Witness tells court how N950m Maitama property was bought in dollars

    FCMB launches SheVentures zero-interest loan scheme for women entrepreneurs in Nigeria.

    FCMB unveils zero-interest loans for women entrepreneurs

    Tinubu Bianca Ojukwu celebrates Adetshina feat at Miss Universe 2024

    Bianca Ojukwu assumes office as foreign affairs minister

    Mock-up of a US commemorative passport featuring Donald Trump portrait and America250 anniversary design elements.

    US to revoke passports of parents owing over $2,500 in child support

    Oluremi Tinubu speaking during a public event while reflecting on her years in the Nigerian Senate.

    Remi Tinubu says Senate was better during her time

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Aliko Dangote speaking about plans to generate 20,000 megawatts of electricity in Nigeria amid ongoing power shortages.

    Dangote plans London Stock Exchange listing for cement business

    May 8, 2026
    Federico Valverde has delivered an emotional public apology after reports emerged that he was involved in a heated training-ground dispute with teammate Aurélien Tchouaméni at Real Madrid.

    Federico Valverde apologises over clash with Tchouaméni

    May 8, 2026
    Yahaya Bello in court during hearing on alleged money laundering charges linked to prepaid school fees dispute.

    Yahaya Bello trial: Witness tells court how N950m Maitama property was bought in dollars

    May 8, 2026
    Federico Valverde has delivered an emotional public apology after reports emerged that he was involved in a heated training-ground dispute with teammate Aurélien Tchouaméni at Real Madrid.

    Real Madrid fine Valverde, Tchouameni €500,000 over clash

    May 8, 2026
    FCMB launches SheVentures zero-interest loan scheme for women entrepreneurs in Nigeria.

    FCMB unveils zero-interest loans for women entrepreneurs

    May 8, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.