The Nigerian Shippers’ Council (NSC) has directed all shipping lines and their agents to immediately suspend the implementation of recently approved tariffs across the port and shipping sector.
In a statement issued by its management, the Council said the directive was in line with its statutory role as the economic regulator of the maritime industry. It noted that the decision followed ongoing engagements with key stakeholders and growing concerns over the timing, structure, and potential impact of the tariff increase on port users and the broader logistics value chain.
The NSC emphasized that the suspension was necessary to ensure fair competition, transparency, and stability within the sector, pending the outcome of comprehensive consultations and a regulatory review.
“All affected operators are required to revert to the tariff regime that was in place prior to the increase and apply it strictly,” the Council stated, warning that any violation would be treated as a breach of regulatory compliance and would attract sanctions in accordance with existing laws.
The Council added that a final decision on the tariffs would be communicated after the conclusion of stakeholder consultations and internal review processes.
Reaffirming its commitment to protecting cargo interests and promoting an efficient maritime transport system, the NSC urged all operators to comply immediately with the directive.
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