Nigeria Customs. Photo: TWITTER/CUSTOMSNGThey stated this while deliberating on ‘Port Concession and Its Effect on Overtime Cargo’ at a maritime community platform, Harbour and Ports.
He accused the terminal operators, shipping companies, customs brokers, importers and other regulators of contributing to overtime cargo challenge. Olayemi stressed that proper collaboration and implementation of the Nigerian Port Process Manual would improve port operations. A maritime lecturer, Charles Okorefe, said: “We also have situations where some importers with contacts in high places and whose cargo carry very huge Duty elements, allow their goods to go into overtime. They go around to buy the same goods at auction at the most ridiculous rates. Some imports with duty rates of about N50 million, for instance, may end up being sold for less than N1 million. Who is the loser? The Federal Government, of course.
He also suggested the need to bring in the latest equipment that can stack them higher, thereby giving ground room for easier transportation.
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