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JUST IN: Again, Shippers’ Council Halts New Tariffs Implementation

Yusuf Babalola by Yusuf Babalola
7 months ago
in News
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For the second time, the Nigerian Shippers’ Council (NSC), in the exercise of its statutory mandate as the economic regulator of the port and shipping sector, has directed all shipping lines and their respective agencies to immediately suspend the implementation of the recently approved tariffs.

The Council had on January 14, 2026 halted the implementation of the tariff pending engagement with clearing agents, importers and other critical stakeholders.

But, issuing this new directive on Friday, the Council said the new directive was issued in pursuant to ongoing engagements with critical stakeholders and in response to substantive concerns raised regarding the timing, structure, and potential impact of the said tariffs on port users and the wider logistics value chain.

In order to safeguard fair competition, transparency, and sectoral stability, the Council considers it necessary to halt further implementation pending the conclusion of comprehensive consultations and regulatory review.

Accordingly, all affected operators are mandated to revert to, and apply strictly, the tariff regime that was in force immediately prior to the said increase. Any deviation from this directive shall constitute a breach of regulatory compliance and will attract appropriate sanctions in line with extant laws and regulations.

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The Council will, upon conclusion of stakeholder consultations and internal review processes, communicate a definitive position on the matter.

The NSC remains resolute in its commitment to effective economic regulation, protection of cargo interests, and the promotion of an efficient and equitable maritime transport system.

All operators are hereby enjoined to ensure strict and immediate compliance

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Yusuf Babalola

Yusuf Babalola

Yusuf Babalola is a Senior Correspondent with Leadership Newspaper, specialising in maritime, aviation, transport, and economic reporting in Nigeria. He is recognised for well-researched stories that illuminate policy developments, industry challenges, and stakeholder perspectives across Nigeria's logistics, shipping, and aviation sectors. His reporting is noted for its clarity, balance, and commitment to professional journalistic standards.

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