• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, August 22, 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
ADVERTISEMENT

‘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

RMAFC

Ongoing Salary Review For Stability, Governance Structure Growth – RMAFC

25 minutes ago
Shareholders Laud IMG Over 40kobo Dividend

Nigeria Deepens $25bn Gas Network As Africa Discusses $170bn Infrastructure Gap

26 minutes 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.


Join Our WhatsApp Channel

BREAKING NEWS: Nigerians in Nigeria and those in diaspora can now earn Dollars while at home with Ultra-Premium domains, acquire them for $1700 and profit up to $25,000. Click here to start.

US based Nigerian used a secret app to catch his cheating wife in Nigeria, Click here to see step by step on how he uncovered the truth


Tags: Lucky Amiwero
SendShare10174Tweet6359Share
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

RMAFC
Business

Ongoing Salary Review For Stability, Governance Structure Growth – RMAFC

2025/08/22
Shareholders Laud IMG Over 40kobo Dividend
Business

Nigeria Deepens $25bn Gas Network As Africa Discusses $170bn Infrastructure Gap

2025/08/22
Business

Federal Gov’t Moves To Save N24bn From Official Air Travels

2025/08/22
Top FAO Officials Arrive Nigeria Today
Agriculture

FAO Launches 2025 Food, Agriculture Policy Monitoring Review

2025/08/22
Nigeria
Business

Nigeria’s Foreign Reserves Rise To $41bn, Highest Since 2021

2025/08/21
Ethiopian Airlines Expands Abuja Operations
Business

Ethiopian Airlines Expands Abuja Operations

2025/08/21
Leadership Conference advertisement

LATEST

Anambra LP Lawmakers Fault Handling Of Assault On NYSC Member

Sultan, Emir Of Ilorin Hail Ladoja’s Emergence As New Olubadan

Putin As The President’s Medicine

Olu Of Warri Leads Regatta At Coronation Anniversary

Leave Us In Imo State, Ogbako Ohaji Tells Senate

Adamawa Seeks IOM Database To Scale Up Planning For IDPs

2027: Duhu Condemns Anti-Shettima Remarks

Ongoing Salary Review For Stability, Governance Structure Growth – RMAFC

Nigeria Deepens $25bn Gas Network As Africa Discusses $170bn Infrastructure Gap

Federal Gov’t Moves To Save N24bn From Official Air Travels

© 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.