• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 1, 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

‘Port Concessioning: Absence Of Regulator, Legal Framework Fueling High Clearance Cost’

by Yusuf Babalola
1 year ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Eighteen years after the administration of ex-President Olusegun Obasanjo, concessioned the nation’s seaports to private terminal operators, the national president, National Association of Managing Director of Licensed Customs Agents (NCMDLCA), Lucky Amiwero, on Monday, bemoaned the absence of Port economic regulator at the nation’s seaports and legal framework to support the concessioning.
Amiwero in a letter to President Bola Tinubu titled, ‘Privatising Nigeria Ports Without Legal Framework and Economic Regulator since 2005 till date,’ and a copy made available to LEADERSHIP, urged the government to set up a committee of experts to accommodate the shortfall inherent in the port privatisation system.

Advertisement

According to Amiwero, lack of legal framework has created hindrance and impediment in the port system that attracted high clearance cost, bottleneck, inconsistency and charges not tied to service collected by various organisations.
He stated further that creating a legal framework and economic regulator will reduce the cost of doing business, lengthy and cumbersome procedures as well as duplication of processes.
Amiwero argued that creating a legal framework and Port Economic Regulator would attract cargo from neighbouring Ports and Foreign Direct Investments (FDIs) to Nigerian seaports.
“To address impediment in the port system which attract high clearance cost, bottleneck, inconsistency and charges not tied to service collected by various organisation, the lengthy and cumbersome process excludes Nigerian Port as a load centre, preferred Port or transshipment Hub due to the complexities inherent in our Port system, which makes our port the most expensive in the globe.”

“The federal government should constitute a committee of experts to review the shortfall inherent in the Port system in order to reduce the cost of doing business, lengthy and cumbersome procedure and duplication of process and charges not tied to service, so as to attract back our cargo from neighbouring ports and foreign direct investment.

“We are more concerned about the process of privatising Nigerian Ports without legal framework and economic Regulator, which has constituted hindrance, that resulted to gridlock on our roads, no holding bays, no trailer parks, no Government warehouses in the ports, no regulator to check the private monopoly of the terminal operators, these components where excluded from the Port privatisation process,” the NCMDLCA boss stated.

Amiwero further stated that after the port concessioning, trucks were pushed to the port access road as holding bays were concessioned out to terminal operators.

RELATED

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

2 hours ago
FUEL CRISIS…Hold Marketers Responsible For Long Queues – Dangote

Dangote Refinery Slashes Petrol Price To N840

7 hours ago

“The Holding Bays that existed before 2005 within and around the Ports, was ceded out as land space to Terminal Operators, without providing alternatives, all the spaces used for various activity to enhance port activities, was ceded to Terminal Operators, forcing the Trucks, lorries to use the available Port access road to hold empty containers and wait as holding bay, awaiting access to the Port to load clients consignment.

“There are no government warehouses to place government cargoes, no trailer parks, no economic regulator, no holding bay, duplication of charges and charges not tied to service is prevalent in our Port System,” he stated.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Lucky Amiwero
SendShareTweetShare
Previous Post

NBM Spends Over N500m On Widows, Less Privileged In Imo

Next Post

Estate Firm To Launch Operations In Canada, US

Yusuf Babalola

Yusuf Babalola

You May Like

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director
Business

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

2025/07/01
FUEL CRISIS…Hold Marketers Responsible For Long Queues – Dangote
Business

Dangote Refinery Slashes Petrol Price To N840

2025/07/01
Carloha Nigeria Supports Lifemate’s Anniversary With New Vehicle
Business

Carloha Nigeria Supports Lifemate’s Anniversary With New Vehicle

2025/07/01
Kiss918 Table Games: A Chill Malaysian Guide To Winning Big
Business

Kiss918 Table Games: A Chill Malaysian Guide To Winning Big

2025/07/01
External Reserves Decline $3.5bn In 6 Months
Business

External Reserves Decline $3.5bn In 6 Months

2025/07/01
Nigeria Suffers Large Drop As OPEC’s April Output Down By 440,000bpd
Business

OPEC Plans Production Increase In August To Regain Market Share

2025/07/01
Leadership Conference advertisement

LATEST

No Land Allocated To Wike’s Children, FCTA Insists

Federal Gov’t Approves N65bn Disbursement To Health Facilities

Dantata: Senate Postpones North-West Constitution Review Public Hearing

PICTORIAL: Late Businessman Aminu Dantata Buried In Saudi Arabia

Tonya Lawani Joins Dangote Group’s NASCON Board As Independent Director

‘Buhari Left Office Broke But With Integrity Intact’, Says Spokesman Garba Shehu

YPP Elects Madaki, 10 Other Flagbearers For 2026 AMAC Chairmanship, Councillorship Polls

JUST-IN: Atiku, Mark, Lamido, Others In Closed-door Meeting

Reps Probe Nigeria’s €1.2m Debt To OACP

Akume’s Rumoured Resignation Plot To Incite Religious Tension, Says Northern CAN

© 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.