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Home » Port Consultative Council Backs Shippers’ Council On Collection of 1% Freight Stabilization Fee
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Port Consultative Council Backs Shippers’ Council On Collection of 1% Freight Stabilization Fee

Saint AugustineBy Saint AugustineApril 2, 2024Updated:April 2, 2024No Comments2 Mins Read
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The Nigerian Port Consultative Council, NPCC, has declared its  support for the Nigerian Shippers’ Council’s move  for self collection of one percent freight stabilization fee.

The Chairman of the NPPC, Mr. Bolaji Sunmola stated this when he led members of the group on a courtesy visit to the Council’s Headquarters in Lagos on Thursday.

Sunmola said that in addressing the paucity of funds, the Council requires proper funding in the execution of its regulatory activities.

The NPCC Chairman who recognized the contribution of Shippers’ Council to the development of Nigeria‘s maritime sector, reiterated the need to strengthen the  regulatory power of the Council as ombudsmen in port operations.

A member of the NPCC, Mrs. Chinwe Ezenwa, said the issue of funding is a key priority that must be addressed by the government.

In his response, the Executive Secretary and Chief Executive Officer of Nigerian Shippers’ Council, NSC, Barr. Pius Akutah, MON, appreciated the Chairman and members of the Consultative Council for the visit and their support.

Barr. Akutah maintained that the Council proposes one percent freight stabilization fee to execute its statutory activities.

He expressed optimism that the bill which seeks to repeal the Nigerian Shippers’ Council Act CAP N133 Laws of the Federal Republic of Nigeria (LFN), and next the Nigerian Shipping and Port Economic Regulatory Agency recently passed the Second Reading by the House Committee on Shipping Services and the bill when passed into law will bring about monumental industry benefits.

Photo: Mr. Bolaji Sunmola, Chairman, Nigerian Ports Consultative Council, NPCC.

Send your press invite, news, press releases/articles to augustinenwadinamuo@yahoo.com. Also, follow us on Twitter @PrimetimeRepor1 and on Facebook on facebook.com/primetimereporters or call the editor on 07030661526.

Barr. Pius Akutah Ukeyima Freight Stabilization Fund Mr. Bolaji Sunmola Mrs. Chinwe Ezebo Nigerian Ports Consultative Council Nigerian Shippers'council
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Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

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