Close Menu
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Trending
  • Q1: Cadbury Nigeria Records 182% Increase In Profit
  • RMAFC Applauds FIRS Over Fiscal Stability Of Nigeria
  • Institute Lauds NDIC’s Commitment To Advancing Corporate Governance, Ethical Leadership
  • Indorama Petrochemicals Restates Commitment To Prioritize Environmental Preservation, Corporate Social Responsibility
  • Customs: FOU Zone A Recovers Over N20M For FG In Three Weeks, Seizes Goods Worth Over N1.5Bn
  • Eagle Eye Transparency And Integrity Initiative Visits Tincan Customs Controller, Onyeka 
  • Chioma Chukwuka’s AMVCA Award: Another Tale Of Anambra Excellence
  • APGA National Chairman, Ezeokenwa Joins Soludo For Tour, Blessing Of New Government House, Solution Fun City 
Prime Time Reporters
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Prime Time Reporters
Home » 1st Half 2018: Shippers’ Council recovers over N80M excessive charges from shipping companies
Business

1st Half 2018: Shippers’ Council recovers over N80M excessive charges from shipping companies

Saint AugustineBy Saint AugustineJune 22, 2018No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Nigerian Shippers’ Council has said that it has recovered monies amounting to over N80 million from the shipping companies between January and June 2018.

The Deputy Director Compliance Monitoring of the Council, Chief Cajethan Agu who disclosed this while delivering a lecture titled, “Nigerian Shippers’ Council as an Interventionist Agency’, at a one day training seminar for maritime journalists in Lagos on Friday said that $23, 000 was recovered from COSCO Shipping alone.

Agu informed that the said money which was recovered from demurrages, storage charges, excessive charges and others illegal collections had since been returned to their owners.

In his words,” Between January and now, we’ve gotten up to N80 million. If you translate the $23 thousand Dollars that COSCO paid, it’s up to N10 million and don’t forget, we carried enforcement at GAC, there was a refund because almost 30 containers which were held captive were released. Then there is even another one again with same COSCO, the demurrage waivers and other interventions. It’s only the Company CEO that will give you the breakdown but I know that between January and June, we got a refund amounting to more than N80 million.

“It is not only from demurrages, even storage charge and some were recovered from excessive charges that were imposed on the consignees.

“They were given back to the owners, although in the case of COSCO, they sent the Cheque to us and we handed over the Cheques to them. How can somebody make a complaint and you can trace him? The meeting we do is normally tripartite meeting, when you complain, we look at your case, if it is genuine, then we invite you and we invite the person that you made the complaint against”.

He however advised the operators to always play by the rule adding that there were guidelines and regulations which he said were meant to be obeyed.

On what punishment awaits offenders for contravening guidelines and regulations, he retorted,” You can be given a private warning, you can be given a public warning, your premises can be sealed, you can be deregistered or blacklisted and others”.

Earlier in his opening speech, the Executive Secretary of the Nigerian Shippers’ Council, Barr. Hassan Bello noted that the one day training for maritime journalists was put together in order to bring the journalists together so as to offer them a platform to interact with the Council which would in turn enable them to understand where the Council was and where it needed to be.

Bello who was represented by the Director Special Duties of the Council, Mr. Ignatius Nweke appreciated the journalists for keeping the Council and indeed the Nigerian maritime industry on their toes even as he described the media as critical stakeholder in the industry adding that the industry cannot do without the media.

He called on the journalists not to fail in their duty to criticize the Council constructively and to advise it on ways to get the industry on the right footing urging them that the maritime industry should be put on the front burners as it is a major revenue earner for the economy.

Photo: L-R President of the Maritime Journalists Association of Nigeria (MAJAN), Mr. Ray Ugochukwu, Deputy Director Special Duties, Nigerian Shippers’ Council, Mrs. Ada Okam, Director Special Duties, Nigerian Shippers’ Council, Mr. Ignatius Nweke and Publisher, Shipping Position Newspapers, Mr. Sesan Onilemo during the Annual Seminar for Maritime Journalists in Lagos on Friday.

Send your news, press releases/articles to augustinenwadinamuo@yahoo.com. Also, follow us on Twitter @reportersinfo and on Facebook on facebook.com/primetimereporters or call the editor on 07030661526, 08053908817.

 

Barr. Hassan Bello Chief Cajethan Agu COSCO Shipping Nigerian Shippers' Council
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleAmiwero calls for reforms to address challenges on import, export, transit regulatory procedure
Next Article Anambra State Govt. says Abakiliki Street still exists in Awka
Saint Augustine
  • Website
  • Facebook
  • X (Twitter)

Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

Related Posts

Q1: Cadbury Nigeria Records 182% Increase In Profit

May 17, 2025

RMAFC Applauds FIRS Over Fiscal Stability Of Nigeria

May 17, 2025

Customs: FOU Zone A Recovers Over N20M For FG In Three Weeks, Seizes Goods Worth Over N1.5Bn

May 17, 2025
Leave A Reply Cancel Reply

Recent Posts

Q1: Cadbury Nigeria Records 182% Increase In Profit

May 17, 2025

RMAFC Applauds FIRS Over Fiscal Stability Of Nigeria

May 17, 2025

Institute Lauds NDIC’s Commitment To Advancing Corporate Governance, Ethical Leadership

May 17, 2025

Indorama Petrochemicals Restates Commitment To Prioritize Environmental Preservation, Corporate Social Responsibility

May 17, 2025

Customs: FOU Zone A Recovers Over N20M For FG In Three Weeks, Seizes Goods Worth Over N1.5Bn

May 17, 2025
© 2025 Copyright Primetime Reporters.
  • Home
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.