The Nigerian Ports Authority (NPA) has directed all terminal operators to suspend all applicable terminal storage fees on consignments (demurrage) for an initial period of twenty-one days effective March 23, 2020.
According to a statement by the General Manager, Corporate and Strategic Communications, NPA, Engr. Jatto Adams, the gesture was in recognition of the pressure that the Covid-19 pandemic imposed on businesses, the responsibility imposed on the Authority to relief this burden on its customers as well as attaining the objective of the federal government’s Ease of Doing Business policy at this trying period.
The statement noted that the Authority recognised the financial implications of these policies on the terminal operators and would consider a shift in its operational charges to ameliorate the situation of stakeholders.
“The NPA thanks all stakeholders for their cooperation”, it said.
Photo: Managing Director of NPA, Ms Hadiza Bala Usman.
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