• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, August 29, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Respite For Importers As Shipping Firm Removes Container Deposit Charges

by Yusuf Babalola
3 months ago
in Business
NPA
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian Shippers’ Council (NSC) has acknowledged the decision of CMA CGM Nigeria Shipping Limited to officially remove the container deposit requirement for all new bookings effective 21st May 2025.

Advertisement

Speaking on the sideline of the 2025 Annual Retreat of the Public Relations Unit of the Council in Lagos, titled, ‘Team building: Strategic Planning: Sharing Ideas To Stay Ahead of Competition,’ the executive secretary of the council, Dr Pius Akutah, the development followed sustained stakeholder engagements and a significant step towards promoting a more efficient, customer-friendly shipping environment in Nigeria.

According to Dr Akutah, the initiative is a milestone in the ongoing efforts to reduce trade barriers, enhance compliance, and boost competitiveness at Nigerian ports.

He stated further that the policy shift would ease the financial burden on shippers, reduce disputes over refunds, and further drive reforms across the maritime sector.

“You know, Container deposit has been one of the major complaints coming from most of our stakeholders. Shippers complaining about the container deposits and the process for reforms. Most times, it’s very cumbersome, and sometimes, they even have to lose the money. So we’ve been on this for some time now. The Minister has directed us to look into that as quickly as possible and see how we can resolve that.

RELATED

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

60 minutes ago
currency exchange process

How To Calculate Pips In Forex And Other Important Tips For Traders

2 hours ago
ADVERTISEMENT

“So we have engaged with the shipping companies. We have engaged with some other companies also who are planning to have an insurance policy to cover that rather than have the deposit.

So we’ve been speaking with most of these shipping companies and for CMA and CGM, we have engaged with them, even privately also, to discuss this issue of container deposits. And they have taken the bulls by the horns to remove this deposit entirely,” Dr Akutah stated.

The Shippers’ Council boss stated further that the removal of the container deposit aligns with industry-wide calls for more transparent and cost-effective practices within the port and logistics value chain.

ADVERTISEMENT

The Council, however, encouraged other shipping lines operating in Nigeria to adopt similar customer-focused policies in the interest of fairness, transparency, and improved service efficiency

Meanwhile, in a formal communication to the Council, CMA CGM attributed the decision to valuable customer feedback received over the years.

They emphasized that the move is aimed at streamlining operational procedures, simplifying logistics, and improving service delivery.

 

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Nigerian Shippers’ Council (NSC)
SendShare10175Tweet6359Share
ADVERTISEMENT
Previous Post

AfDB Kicks Off Annual Meeting, To Pick New Head On Thursday

Next Post

One Year After Suspension, Federal Gov’t Resumes $300 Helicopter Landing Fee

Yusuf Babalola

Yusuf Babalola

You May Like

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students
Business

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

2025/08/29
currency exchange process
Business

How To Calculate Pips In Forex And Other Important Tips For Traders

2025/08/29
Fitch Upgrades Afreximbank To ‘BBB’
Business

Japan Agency Rating Reinforces Afreximbank’s Credibility, Says Denya

2025/08/29
BREAKING: Emirates Airlines Resumes Flights To Nigeria October 1
Business

Emirates Airline To Participate In Africa Tourism, Creative Economy Expo

2025/08/29
Tinubu Names Abubakar Dantosho MD Of NPA
Business

NSC Boss Lauds Dantsoho On Election As IAPH Vice President

2025/08/29
tinubu
Business

Capital Market Stakeholders Back Tinubu’s Reforms, Urge Companies To List On NGX

2025/08/29
Leadership Conference advertisement

LATEST

Maltina Rolls Out New Pet Bottles, Pledges To Nourish 1m Students

PICTORIAL: VP Shettima Represents Tinubu At Ex-VP Sambo Son’s Wedding In Kano

Tinubu Excited As Nigerian Babalola Emerges As Rotary International President

How To Calculate Pips In Forex And Other Important Tips For Traders

Tottenham Sign Simons From RB Leipzig For £52m

JUST-IN: Many Feared Dead As Sokoto Records Another Boat Tragedy

Jonathan Hasn’t Ruled Himself Out Of 2027 Presidential Contest, Says Ex-President’s Cousin

Court Jails Businessman 6 Months For Cocaine Trafficking

Lagos Records 8,692 Domestic, Sexual Violence Cases In 1 Year

PICTORIAL: Obasanjo Visits Alaafin Amid Row With Ooni

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.